2024年煤炭报告_127页_14mb

Coal Demand, Supply, and Trade Analysis to 2024

• China remains the dominant force in global coal markets, with its consumption and imports set to grow through 2024 due to strong industrial and electricity demand.
• Despite pandemic-induced setbacks in 2020, global coal demand rebounded significantly in 2021, driven by economic recovery, weather conditions, and supply chain disruptions.
• India and Southeast Asia are experiencing rapid growth in coal consumption, while the United States and European Union face structural declines.
• Meeting growing demand requires expanding supply, with China, India, and Russia planning new mining projects, though environmental and policy challenges remain.
• Global coal prices surged in 2021 due to tight supply, geopolitical factors, and high gas prices, but are expected to stabilize in the medium term.
• The transition to cleaner energy is expected to increase the role of metallurgical coal, while thermal coal demand may plateau.
• By 2040, coal's role in global electricity generation could decline slightly as renewable energy expands, but its overall energy contribution may remain significant.