Based on the 2023 data, China leads the direct coal transfer expenditure with $28.77 million, marking an 11.17% increase compared to the previous year. Indonesia follows with $21.33 million, experiencing a significant 19.31% rise. The United Kingdom saw a massive surge of 225.59%, reaching $10.82 million. Meanwhile, Poland decreased by 5.75% to $7.79 million. Among smaller markets, Ireland and Hungary experienced declines, at 14.16% and 10.6% respectively. Finland and France posted notable increases of 14.74% and 43.72%. Over five years, the sector displayed varied annual growth, heavily influenced by fluctuating policies and energy demands.
Future trends to watch include:
- Countries with emerging economies might increase coal transfer allocations as energy demands surge.
- The transition to sustainable energy sources could lead nations to reduce dependencies on coal, impacting direct transfer values.
- Global policy shifts towards carbon reduction could further affect financial allocations to coal, leading to a possible decline in long-term trends.
Top countries in Direct Transfer on Coal for All Beneficiaries or Sectors Share by Country (Million US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 28.77 | 2023 | +9.86% | +11.17% | View data |
| 2 | 2 Indonesia | 21.33 | 2023 | +5.27% | +19.31% | View data |
| 3 | 3 South Africa | 11.25 | 2023 | +4.76% | +5.56% | View data |
| 4 | 4 United Kingdom | 10.82 | 2023 | +32.7% | +225.59% | View data |
| 5 | 5 Poland | 7.79 | 2023 | -2.79% | -5.75% | View data |
| 6 | 6 Italy | 4.47 | 2023 | +8.95% | +4.16% | View data |
| 7 | 7 South Korea | 2.11 | 2023 | -2.38% | +0.71% | View data |
| 8 | 8 Greece | 1.77 | 2023 | -1.05% | -1.95% | View data |
| 9 | 9 Slovakia | 1.61 | 2023 | +3.16% | +1.12% | View data |
| 10 | 10 Argentina | 1.41 | 2023 | -2.76% | +8.29% | View data |
