Coal rose to 110.50 USD/T on July 17, 2025, up 0.45% from the previous day. Over the past month, Coal's price has risen 3.56%, but it is still 18.15% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal - values, historical data, forecasts and news - updated on July of 2025.

The global coal price index reached 138.87 index points in May 2025. This was a decrease compared to the previous month, which also reflected a fall in the overall fuel energy price index. The global coal index expresses trading of Australian and South African coal, as both countries are among the largest exporters of coal worldwide. How coal profited from the 2022 gas crunch Throughout 2022, coal prices saw a significant net increase. This was largely due to greater fuel and electricity demand as countries slowly exited more stringent coronavirus restrictions, as well as fallout from the Russia-Ukraine war. As many European countries moved to curtailing gas imports from Russia, coal became the alternative to fill the power supply gap, more than doubling the annual average price index between 2021 and 2022. Main coal traders and receivers Although China makes up by far the largest share of worldwide coal production, it is among those countries consuming the majority of its extracted raw materials domestically. In terms of exports, Indonesia, the world's third-largest coal producer, trades more coal than any other country, followed by Australia and Russia. Meanwhile, Japan, South Korea, and Germany are among the leading coal importers, as these countries rely heavily on coal for electricity and heat generation.

One ton of coal on the domestic market in Russia cost approximately *** thousand Russian rubles on average in 2020, marking a decrease from the previous year. The coking industry had the highest coal price, while the lowest cost was recorded for power generation needs.

India Coal: Representative Price: Non-Coking: Grade: G13 data was reported at 1,626.000 INR/Ton in Mar 2025. This records a decrease from the previous number of 1,671.000 INR/Ton for Feb 2025. India Coal: Representative Price: Non-Coking: Grade: G13 data is updated monthly, averaging 1,710.000 INR/Ton from Mar 2020 (Median) to Mar 2025, with 61 observations. The data reached an all-time high of 2,960.000 INR/Ton in May 2022 and a record low of 1,180.000 INR/Ton in Jul 2020. India Coal: Representative Price: Non-Coking: Grade: G13 data remains active status in CEIC and is reported by Ministry of Coal. The data is categorized under India Premium Database’s Energy Sector – Table IN.RBT002: Coal: Representative Price.

In 2020, the average coal reference price (HBA) in Indonesia was at ***** U.S. dollars per metric ton, reaching its lowest point since the past decade as the coal industry in Indonesia has also been affected by the COVID-19 pandemic. The HBA is set by the Indonesian Energy and Mineral Resources Ministry.

In 2020, the decline in the global coal market gathered momentum, against the Covid-19 pandemic. The low cost of natural gas, combined with the development of alternative energy sources and stricter environmental regulations, are pushing the coal energy sector into stagnation. In the medium term, only the metallurgical industry is set to see a stable demand for coal.

Coal: Representative Price: Non-Coking: Grade: G1 data was reported at 10,457.000 INR/Ton in Mar 2025. This records a decrease from the previous number of 10,707.000 INR/Ton for Feb 2025. Coal: Representative Price: Non-Coking: Grade: G1 data is updated monthly, averaging 8,802.000 INR/Ton from Mar 2020 (Median) to Mar 2025, with 61 observations. The data reached an all-time high of 18,518.000 INR/Ton in Jun 2022 and a record low of 5,904.000 INR/Ton in Jun 2020. Coal: Representative Price: Non-Coking: Grade: G1 data remains active status in CEIC and is reported by Ministry of Coal. The data is categorized under India Premium Database’s Energy Sector – Table IN.RBT002: Coal: Representative Price.

In 2019, the Asia-Pacific coal market increased by 6.1% to $751.8B, rising for the third consecutive year. In 2019, China (300M tons), India (254M tons), Japan (186M tons) and South Korea (141M tons) were the main importers of coal in Asia-Pacific, creating 81% of total import.

Coal exports from Mozambique strongly decreased in 2020. The export value declined to roughly *** million U.S. dollars, down from *** billion U.S. dollars in the previous year. A contraction in the export volume due to the coronavirus (COVID-19) pandemic, associated with a fall in coal prices, led to the reduction in the value of exports. During the period in review, coal exports reached a peak of nearly *** billion U.S. dollars in 2018.

Snapshot img

The Coal Market is poised to grow by USD 66.3 billion during 2022-2026, accelerating at a CAGR of 2% during the forecast period

Technavio market report provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 15 vendors. Furthermore, this report extensively covers the market segmentation by type and geography (APAC, Europe, North America, and ROW). The market report also offers information on several market vendors, including Anglo American Plc, Arch Coal Inc., BHP, China Coal Energy Co. Ltd., China Shenhua Energy Co. Ltd., Coal India Ltd., Glencore Plc, JSC Siberian Coal Energy Co., NLC India Ltd., and Vale SA. among others.

What will the Coal Market Size be During the Forecast Period?

Downthe load Report Sample to Unlock the Coal Market Size for the Forecast Period and Other Important Statistics

Parent Market Analysis

Our Technavio Research categorizes the report belonging to Coal & Consumable Fuels Industry for the market. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions.

Coal Market: Key Drivers, Trends, and Challenges

Technavio Research categorizes the global Coal Market as belonging to the Oil, Gas & Consumable Fuels Industry. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the forecast year.

The market is extremely competitive with all sizes of businesses, including large, medium, and small-sized companies vying to monopolize the market. The tremendous development in various fields such as product innovations and new product launches by manufacturers operating in the market will drive the growth further.

Who are the Major Coal Market Vendors?

The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading market vendors such as

Anglo American Plc
Arch Coal Inc.
BHP, China Coal Energy Co. Ltd.
China Shenhua Energy Co. Ltd.
Coal India Ltd.
Glencore Plc
JSC Siberian Coal Energy Co.
NLC India Ltd.
Vale SA.

Coal Market Value Chain Analysis

In this report, we provide extensive information on the value chain analysis for the market. Our data covers all key stages of a market flow and provides a complete understanding of all aspects of the market logistics value chain. This includes an end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies.

Which are the Key Regions for Coal Market?

82% of the market’s growth will originate from APAC during the forecast period.

What are the Revenue-generating Type Segments in the Coal Market?

To gain further insights on the market contribution of various segments Request a PDF Sample

The market share growth by the bituminous and sub-bituminous segment will be significant during the forecast period.

The report provides a near-term to long-term perspective on the trends and forecasts horizon for the market. It offers an overview of the key market drivers and restraints, enabling precise identification of key opportunities in each region over the coming years.

    Coal Market Scope




    Report Coverage


    Details




    Page number


    120




    Base year


    2019




    Forecast period


    2020-2024




    Growth momentum & CAGR


    Accelerate at a CAGR of 2%




    Market growth 2020-2024


    USD 66.3 billion




    Market structure


    Fragmented




    YoY growth (%)


    1.74




    Regional analysis


    APAC, Europe, North America, and ROW




    Performing market contribution


    APAC at 82%




    Key consumer countries


    Blank




    Competitive landscape


    Leading companies, Competitive Strategies, Consumer engagement scope




    Key companies profiled


    Anglo American Plc, Arch Coal Inc., BHP, China Coal Energy Co. Ltd., China Shenhua Energy Co. Ltd., Coal India Ltd., Glencore Plc, JSC Siberian Coal Energy Co., NLC India Ltd., and Vale SA.




    Market dynamics


    Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow

The value of coal per ton depends on factors such as its quality, type, market demand, and various external factors. The average price of coal per ton in the United States was $39.95 in 2020, but international prices can vary significantly. Learn more about the factors influencing coal prices and how they impact the market.

Wholesale price for coal in the United Kingdom is projected to rise from **** to **** U.S. dollars per metric ton between 2020 and 2035, respectively. Figures are expected to remain at**** U.S. dollars per metric ton in 2040.

Coal miners have endured a rollercoaster of challenges and opportunities, marked by fluctuating coal prices and a shifting demand landscape. Coal miners faced severe disruptions during the COVID-19 pandemic, only to recover with a notable recovery as economies reopened. Coal miners have faced a domestic versus international demand dichotomy as infrastructure investments have boosted domestic steel production. Yet, cleaner production methods have hindered the growth of coal from domestic sources. Consequently, domestic coal miners have increasingly sought international markets, with countries like India and China being key export destinations, capitalizing on these regions' heavy reliance on coal for power generation and steel production. Still, recent tariffs on US energy by China may hinder this source of growth, with coal miners increasingly leaning on India as an export market. Industry revenue has been increasing at a CAGR of 8.2% over the past five years to total an estimated $30.4 billion in 2025, including an estimated decrease of 0.1% in 2025. It should be noted that this strong growth was because of a low base year in 2020 when coal prices and production plummeted. Coal miners have navigated through a period of intense volatility. While production dipped as the world staggered under the weight of the pandemic, a surge in demand and prices in 2021 and 2022, spurred by the reopening of the economy and an energy crisis because of Russia's invasion of Ukraine, catalyzed a spike in revenues for coal miners. However, normalizing prices and the domestic market have progressively contracted because of a continued shift towards renewable energy sources. This has resulted in consolidation within the industry, shrinking the number of operating coal mines and concentrating market power in the hands of larger companies. Looking ahead, coal miners anticipate navigating both challenges and opportunities over the next five years. Coal miners will continue to look to export markets for growth despite potential headwinds from global environmental policies and increasing renewable energy adoption. Domestically, the push towards clean energy technologies and the expanding role of electric arc furnaces in steel production will place additional pressure on coal demand. Still, potential upticks in steaming coal consumption, driven by rising natural gas prices and heightened energy needs from burgeoning manufacturing and tech sectors, may provide a reprieve. The merger between Consol Energy and Arch Resources might further reshape industry dynamics, potentially enhancing pricing power and operational efficiencies and prompting competitors to innovate to remain viable. Also, the recent executive order by President Trump may revitalize coal mining. Industry revenue is forecast to climb at a CAGR of 0.4% to total an estimated $31.0 billion through the end of 2030.

A comprehensive overview of the annual price of coal from 1990 to 2020, exploring the factors influencing fluctuations and the impact of global events such as the financial crisis and COVID-19 pandemic.

Graph and download economic data for Export Price Index (End Use): Other coal and related fuels (IQ11020) from Dec 2012 to Dec 2020 about coal, end use, fuels, exports, price index, indexes, price, and USA.

In 2024, the Ethiopian coal market decreased by -13.9% to $106M for the first time since 2020, thus ending a three-year rising trend. In general, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market attained the peak level at $141M in 2018; however, from 2019 to 2024, consumption remained at a lower figure.

In 2024, the Cameroonian coal market was finally on the rise to reach $2M after three years of decline. Over the period under review, consumption, however, posted a significant expansion. Over the period under review, the market attained the maximum level at $2.5M in 2020; however, from 2021 to 2024, consumption remained at a lower figure.

United States - Export Price Index (End Use): Other coal and related fuels was 64.90000 Index Dec 2012=100 in December of 2020, according to the United States Federal Reserve. Historically, United States - Export Price Index (End Use): Other coal and related fuels reached a record high of 101.40000 in June of 2013 and a record low of 64.90000 in October of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Export Price Index (End Use): Other coal and related fuels - last updated from the United States Federal Reserve on July of 2025.

Revenue for the Coal Mining Industry in China is expected to grow at an annualized 10.4% over the five years through 2023, including a 12.6 rise to $681.3 billion in 2023. Revenue declined in 2020, and was largely due to demand moving away from coal in favor of cleaner energy sources, decreasing coal prices, competition from lower priced imported coal, and the COVID-19 pandemic. Coal shortage in 2021 caused sharp increase of coal prices, therefore, industry revenue increased to $535.5 billion, up by 68.7% from 2021.Raw coal output in China is expected to increase from 3.7 billion tons in 2018 to 4.9 billion tons in 2023, with an annualized growth rate of 5.7%. Industry imports are expected to increase at an annualized 14.9% over the five years through 2023, to total $46.0 billion. Imports have decreased as a share of domestic demand over the past five years to account for 6.3% in 2023.The industry has changed rapidly over the past five years. Extensive restructuring has prompted many mergers, acquisitions and exits. The Chinese Government has been offering incentives for smaller companies to leave the industry due to environmental and safety concerns. As a result, the number of industry enterprises has grown at an annualized 1.7% over the five years through 2023.Industry revenue is forecast to increase at an annualized 11.7% over the five years through 2028, to total $1184.7 billion. Imports are anticipated to increase at an annualized 6.3% over the same period. Under the industry policy's assistance such as “14th Five-Year” Modern Energy System Planning, the Coal Mining industry in China is expected to keep in a healthy and long-term development trend. As more industry assistance and support are provided to large-scale enterprises, mergers and acquisitions are projected to become more common over the period. The share of small enterprises will likely continue to decline, increasing industry concentration levels. The industry is anticipated to optimize resources for distribution, and reduce waste and production costs. Industry output and demand are projected to become more balance over the next five years.