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What is the coal market update?

Based on preliminary estimates for the first half of 2022, recent trends and economic forecasts, as well as current fuel prices and forward curves, this Coal Market Update provides the IEA’s latest forecasts for coal demand and trade in 2022 and 2023.

What is the July 2022 coal market update?

The July 2022 Coal Market Update provides the IEA’s latest analysis of global coal demand, trade and prices, as well as updated forecasts through 2023. Since the release of the IEA’s annual Coal 2021 report last December, Russia’s invasion of Ukraine has significantly disrupted global energy markets.

How has the global coal market changed in 2022?

Source: IEA. The global coal market has experienced a turbulent three years. Demand dropped sharply during the Covid pandemic, only to leap during the post-Covid rebound and following Russia’s invasion of Ukraine. In 2022, global coal demand reached its highest level ever.

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