In 2023, Indonesia led the global direct transfer on coal for consumers with $29.85 million, followed closely by South Africa with $26.31 million. Italy and China had significant shares at $12.15 million and $9.56 million respectively. Notably, Ukraine and Brazil saw declines in their shares, with Brazil facing a sharp drop of 10.67% year-on-year. Meanwhile, Ireland and Hungary experienced the most considerable declines, with reductions of 14.35% and 25.03% respectively from the previous year. Over the last five years, yearly growth has been uneven, influenced by diverse factors across these markets.
Future trends may include shifting consumption patterns driven by transitioning energy policies, especially in countries with declining coal investments. Monitoring policy changes and environmental regulations will be crucial as they can significantly impact coal demand and related financial support mechanisms. Countries with positive growth trends, like Indonesia and South Africa, may continue to capitalize on coal, while others might pivot away in response to global sustainability agendas.
Top countries in Direct Transfer on Coal for Consumers Share by Country (Million US Dollars, Constant = 2020)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 29.85 | 2023 | +4.47% | +5.95% | View data |
| 2 | 2 South Africa | 26.31 | 2023 | +5.49% | +7.39% | View data |
| 3 | 3 Italy | 12.15 | 2023 | +9.99% | +5.26% | View data |
| 4 | 4 China | 9.56 | 2023 | +5.95% | +8.6% | View data |
| 5 | 5 Greece | 4.94 | 2023 | +0.19% | +0.32% | View data |
| 6 | 6 Slovakia | 4.41 | 2023 | +3.1% | +1.88% | View data |
| 7 | 7 Ukraine | 3.79 | 2023 | +19.03% | -2.2% | View data |
| 8 | 8 Brazil | 2.68 | 2023 | -10.8% | -10.67% | View data |
| 9 | 9 Ireland | 1.42 | 2023 | -12.05% | -14.35% | View data |
| 10 | 10 Hungary | 0.038 | 2023 | -14.74% | -25.03% | View data |