Coal fell to 108.35 USD/T on December 1, 2025, down 1.86% from the previous day. Over the past month, Coal's price has fallen 1.14%, and is down 20.33% compared to the same time last year, 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 December of 2025.

Graph and download economic data for Coal Exports, Prices for Great Britain (M04111GBM318NNBR) from Jan 1880 to Dec 1913 about coal, United Kingdom, exports, price index, indexes, and price.

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Metallurgical Coal Market Size 2025-2029

The metallurgical coal market size is forecast to increase by USD 99.6 billion at a CAGR of 4.8% between 2024 and 2029.

The metallurgical coal market is propelled by rising global steel demand, particularly in Asia Pacific, where infrastructure projects and smart city initiatives drive significant consumption. Technological advancements, such as 3D mine visualizers and proximity detection systems, enhance mining efficiency, supporting market growth. In North America, steady demand stems from automotive and construction sectors, while Europe's market thrives due to steel production in countries like Germany and Russia. Sustainability trends push for high-quality coal to support efficient, eco-friendly steel production. However, the volatility in prices of metallurgical coal, influenced by supply and demand dynamics and geopolitical factors, poses a significant risk for market participants.

Companies seeking to capitalize on the opportunities presented by this market must adopt strategic sourcing and pricing strategies. Additionally, investments in technological advancements, such as automation and mechanization, can help improve operational efficiency and reduce costs. Overall, the market offers substantial growth potential for companies able to navigate the price volatility and adapt to evolving market conditions.

What will be the Size of the Metallurgical Coal Market during the forecast period?

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The market encompasses the production and trade of coal used primarily in steel manufacturing. This market exhibits dynamic behavior, influenced by various factors. High-sulphur utilization and medium-ash applications in iron ore smelting remain significant drivers, while price fluctuations in thermal coal markets can impact metallurgical coal demand. Environmental concerns, including air pollution and mining safety, necessitate continued innovation in mining industry practices and technologies. Mining resources and reserves, mining sustainability, and mining equipment automation are essential considerations for market participants. Steel industry outlook, infrastructure development, and sustainable infrastructure projects, such as bridge construction and commercial space development, shape demand for metallurgical coal.
Renewable energy alternatives and sustainable mining practices are gaining traction, potentially impacting the market's future direction. Mining project management, equipment maintenance, and mining investment are crucial elements in the metallurgical coal supply chain. Steel production technology advancements and iron ore smelting processes continue to evolve, influencing the market's size and direction. The transportation and logistics sector plays a vital role in delivering coal to consumers, ensuring efficient and cost-effective solutions. Mining industry outlook remains positive, driven by the ongoing demand for steel and infrastructure development.

How is this Metallurgical Coal Industry segmented?

The metallurgical coal industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Steel making
  Non-steel making


Type

  Hard coking coals
  Semi-soft coking coals
  Pulverized coal injection
  Medium Coking Coal


End-User

  Iron and Steel Industry
  Chemical and Pharmaceutical
  Foundry Industry
  Non-Steel Production
  Power Industry


Geography

  APAC

    China
    India


  North America

    US
    Canada


  Europe

    France
    Germany
    Russia
    UK


  Middle East and Africa

    UAE


  South America

    Brazil


  Rest of World

By Application Insights

The steel making segment is estimated to witness significant growth during the forecast period.

Metallurgical coal plays a crucial role in steel manufacturing as it is the primary input for coke production in the blast furnace process and the electric arc furnace (EAF) route. Steel production, a key indicator of economic development, saw a 3.3% increase in global crude steel output to 145.5 million tons (Mt) in November 2023, according to the World Steel Association. Concurrently, the global apparent steel use per capita surpassed 200 kilograms, marking an over 10% rise. Both steel manufacturing processes, BF-BOF and EAF, necessitate metallurgical coal. While the former requires substantial volumes, the latter demands lower quantities.

The steel industry's growth is driven by infrastructure development, urbanization, and the increasing demand for construction, high-grade steel for various industries, and premium hard coking coal for medical applications. The market dynamics are influenced by factors such as coal quality standards, sustainable mining practices, carbon footprint re

Graph and download economic data for Security Price Index, Coal, Iron, and Steel Shares for London, Great Britain (M11013GB00LONM324NNBR) from Apr 1887 to Mar 1935 about London, coal, iron, steel, United Kingdom, metals, securities, price index, indexes, and price.

Learn about the expected upward trend in coal consumption in the UK over the next decade, with forecasts indicating a rise in market volume and value by 2035.

United Kingdom Retail Price Index: Fuel and Light: Coal and Solid Fuels data was reported at 340.300 13Jan1987=100 in Oct 2018. This records an increase from the previous number of 328.000 13Jan1987=100 for Sep 2018. United Kingdom Retail Price Index: Fuel and Light: Coal and Solid Fuels data is updated monthly, averaging 149.150 13Jan1987=100 from Jan 1987 (Median) to Oct 2018, with 382 observations. The data reached an all-time high of 340.300 13Jan1987=100 in Oct 2018 and a record low of 95.300 13Jan1987=100 in Jul 1987. United Kingdom Retail Price Index: Fuel and Light: Coal and Solid Fuels data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.I011: Retail Price Index.

United Kingdom Retail Price Index: Weights: Fuel and Light: Coal & Solid Fuels data was reported at 1.000 Per 1000 in 2018. This stayed constant from the previous number of 1.000 Per 1000 for 2017. United Kingdom Retail Price Index: Weights: Fuel and Light: Coal & Solid Fuels data is updated yearly, averaging 6.000 Per 1000 from Dec 1956 (Median) to 2018, with 63 observations. The data reached an all-time high of 29.000 Per 1000 in 1963 and a record low of 1.000 Per 1000 in 2018. United Kingdom Retail Price Index: Weights: Fuel and Light: Coal & Solid Fuels data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I012: Retail Price Index: Weights.

LME Index rose to 4,700 Index Points on October 29, 2025, up 0.79% from the previous day. Over the past month, LME Index's price has risen 7.33%, and is up 13.22% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on December of 2025.

European Union PPI: Do: EU 27 excl UK: MQ: Coal & Lignite data was reported at 138.400 2021=100 in Feb 2025. This records a decrease from the previous number of 140.400 2021=100 for Jan 2025. European Union PPI: Do: EU 27 excl UK: MQ: Coal & Lignite data is updated monthly, averaging 80.650 2021=100 from Jan 2000 (Median) to Feb 2025, with 302 observations. The data reached an all-time high of 182.500 2021=100 in May 2023 and a record low of 38.400 2021=100 in Feb 2000. European Union PPI: Do: EU 27 excl UK: MQ: Coal & Lignite data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s European Union – Table EU.I007: Eurostat: Producer Price Index: 2021=100: Domestic.

The average wholesale electricity price in September 2025 in the United Kingdom is forecast to amount to*******British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged ***** British pounds per megawatt-hour. Electricity price stabilization in Europe Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.

… and in the United Kingdom? The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.

In 2024, the price of natural gas in Europe reached 11 constant U.S. dollars per million British thermal units, compared with 2.2 U.S. dollars in the U.S. This was a notable decrease compared to the previous year, which had seen a steep increase in prices due to an energy supply shortage exacerbated by the Russia-Ukraine war. Since 1980, natural gas prices have typically been higher in Europe than in the United States and are expected to remain so for the coming two years. This is due to the U.S. being a significantly larger natural gas producer than Europe. What is natural gas and why is it gaining ground in the energy market? Natural gas is commonly burned in power plants with combustion turbines that generate electricity or used as a heating fuel. Given the fact that the world’s energy demand continues to grow, natural gas was seen by some industry leaders as an acceptable "bridge-fuel" to overcome the use of more emission-intensive energy sources such as coal. Subsequently, natural gas has become the main fuel for electricity generation in the U.S., while the global gas power generation share has reached over 22 percent. How domestic production shapes U.S. natural gas prices The combination of hydraulic fracturing (“fracking”) and horizontal drilling can be regarded as one of the oil and gas industry’s biggest breakthroughs in decades, with the U.S. being the largest beneficiary. This technology has helped the industry release unprecedented quantities of gas from deposits, mainly shale and tar sands that were previously thought either inaccessible or uneconomic. It is forecast that U.S. shale gas production could reach 36 trillion cubic feet in 2050, up from 1.77 trillion cubic feet in 2000.

商品零售价格指数：燃料和照明设施：煤和固体燃料在10-01-2018达340.3001987年1月13日=100，相较于09-01-2018的328.0001987年1月13日=100有所增长。商品零售价格指数：燃料和照明设施：煤和固体燃料数据按月更新，01-01-1987至10-01-2018期间平均值为149.1501987年1月13日=100，共382份观测结果。该数据的历史最高值出现于10-01-2018，达340.3001987年1月13日=100，而历史最低值则出现于07-01-1987，为95.3001987年1月13日=100。CEIC提供的商品零售价格指数：燃料和照明设施：煤和固体燃料数据处于定期更新的状态，数据来源于Office for National Statistics，数据归类于全球数据库的英国 – 表 UK.I011：商品零售价格指数。

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Coal Tar Pitch Market Size 2025-2029

The coal tar pitch market size is forecast to increase by USD 641.8 million, at a CAGR of 2.2% between 2024 and 2029.

The market is experiencing significant shifts due to the increasing adoption of aluminum in various industries, which is gradually replacing coal tar pitch in numerous applications. This trend is driven by the superior properties of aluminum, such as its lightweight, strength, and corrosion resistance. However, the market faces challenges as regulations continue to restrict the use of coal tar pitch due to its environmental impact and potential health hazards. These restrictions are leading companies to explore alternative solutions, presenting both opportunities and challenges for market participants. Additionally, waste management practices and environmental impact assessments are crucial in mitigating the industry's environmental footprint.
To capitalize on the growing demand for advanced coal tar pitch and aluminum, while navigating regulatory hurdles, market players must focus on innovation, sustainability, and compliance. Structural anisotropy and pitch curing behavior are essential factors in the production of needle coke for electrode manufacturing processes. By investing in research and development, collaborating with regulatory bodies, and adapting to evolving industry trends, companies can effectively position themselves in the market's dynamic landscape. Furthermore, the market is witnessing the emergence of advanced types of coal tar pitch, which offer enhanced performance and durability.

Major Market Trends & Insights

 APAC dominated the market and accounted for a 67% during the forecast period.
 By the Application, the Aluminum production sub-segment was valued at USD 3268.40 million in 2023
 By the Type, the Solid Coal Tar Pitch sub-segment accounted for the largest market revenue share in 2023

Market Size & Forecast

  Market Opportunities: USD 16.32 million
  Future Opportunities: USD 641.80 million 
  CAGR : 2.2%
  Base yer largest region tag: Largest market in 2023

What will be the Size of the Coal Tar Pitch Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by the diverse applications in various sectors. Chemical composition analysis and distillation residue analysis are crucial in assessing coke quality, ensuring optimal carbon material characterization for use as a carbon fiber precursor. Carbonization kinetics and pitch viscosity measurement play a significant role in the optimization of binder formulation and the understanding of binder rheological properties. The mesophase pitch structure, pitch oxidation stability, and electrochemical performance are key considerations in the production of pitch-based carbon fibers.

The industry anticipates robust growth, with expectations of a 12% annual expansion in demand for carbon anode materials. For instance, a leading automotive manufacturer reported a 15% increase in sales of electric vehicles, underscoring the growing importance of high-performance carbon materials in the transportation sector. Pitch thermal stability, pitch-based carbon, and pitch binder properties are essential in the production of carbon anode materials for lithium-ion batteries. Pitch softening point analysis and binder impregnation process optimization are crucial in ensuring the quality control testing of these materials. Petroleum pitch refining, aromatic hydrocarbon content assessment, and graphitization behavior analysis are ongoing areas of research, aiming to improve the overall performance and efficiency of coal tar pitch-derived carbon materials.

How is this Coal Tar Pitch Industry segmented?

The coal tar pitch industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Aluminum production
  Graphite electrodes and specialty graphite products
  Carbon processing industry
  Others


Type

  Solid coal tar pitch
  Liquid coal tar pitch


Product Type

  Medium temperature
  High temperature
  Low temperature


Geography

  North America

    US


  Europe

    Germany
    Russia
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

The Aluminum production segment is estimated to witness significant growth during the forecast period. Coal tar pitch plays a pivotal role in various industries, particularly in aluminum production. The electrolytic Hall-Heroult process, used in aluminum smelting, relies on coal tar pitch for producing carbon ano

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Hookah Charcoal Market Size 2025-2029

The hookah charcoal market size is forecast to increase by USD 40 million at a CAGR of 6.9% between 2024 and 2029.

The market is experiencing significant growth, driven by the expanding number of bars and nightclubs that offer hookah as an entertainment option. This trend is further fueled by the increasing demand for natural charcoal, which is perceived as healthier and more authentic compared to traditional coal. However, the market faces challenges that could hinder its growth potential. Regulatory hurdles impact adoption in certain regions due to concerns over the health effects of hookah consumption. Additionally, inconsistencies in the supply chain can lead to price fluctuations and quality concerns.
Companies seeking to capitalize on market opportunities must navigate these challenges effectively. Strategies such as investing in research and development of healthier alternatives, establishing robust supply chains, and complying with regulatory requirements can help businesses thrive in this dynamic market.

What will be the Size of the Hookah Charcoal Market during the forecast period?

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The market is characterized by continuous innovation trends, with industry players focusing on enhancing flavor profiles and improving ignition time through charcoal blending and density manipulation. Charcoal sustainability practices, such as porosity optimization and ethical sourcing, are gaining importance to cater to eco-conscious consumers. Odor control and combustion efficiency are also critical factors driving market competition. Charcoal brands strive for recognition through superior product reviews, customer loyalty programs, and online communities. Heat intensity and smoke production remain essential considerations for hookah enthusiasts, influencing purchasing decisions.
Market segmentation based on pricing strategies, niche markets, and charcoal patents further complicates the competitive landscape. Charcoal industry standards ensure consistent quality and safety, shaping consumer trust and preferences. Overall, the market is dynamic, with ongoing trends shaping consumer behavior and brand differentiation.

How is this Hookah Charcoal Industry segmented?

The hookah charcoal industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Online
  Offline


Type

  Natural
  Non-natural


Geography

  North America

    US


  Europe

    France
    Germany
    UK


  Middle East and Africa

    Egypt
    Turkey


  APAC

    China
    India


  South America

    Brazil


  Rest of World (ROW)

By Distribution Channel Insights

The online segment is estimated to witness significant growth during the forecast period.

The market encompasses various aspects, including charcoal certification, residue, social smoking, hoses, warnings, addiction, alternatives, blocks, odorless and bamboo charcoal, processing, heat consistency and output, bases, ash content, traditional and modern hookah, ash disposal, sustainability, labeling, smokeless charcoal, tobacco, heat management systems, electric heating elements, quick-lighting charcoal, portable hookah, health risks, innovation, home use, enthusiasts, manufacturing, lounges, natural charcoal, accessories, events, charcoal powder, combustion, culture, retail, cubes, emissions, burn time, environmental impact, packaging, safety, smoking risks, distribution, quality control, briquettes, coconut shell charcoal, and flavorless charcoal. The market is witnessing a shift towards certification and sustainability, with consumers expressing concerns over charcoal residue and health risks.

Social hookah smoking and the rise of hookah lounges are driving the demand for charcoal. Heat management systems and electric heating elements are gaining popularity for their consistency and convenience. Charcoal alternatives, such as smokeless and flavorless charcoal, are also emerging. Players are focusing on improving heat output and reducing ash content to cater to the evolving consumer preferences. Charcoal retailers are adopting new strategies, such as better pricing and wider assortments, to sustain in the competitive market. Charcoal manufacturing is undergoing innovation, with the introduction of charcoal powders and modern hookah designs. Despite these trends, the market faces challenges, including charcoal emissions and environmental impact, which are prompting regulatory scrutiny and calls for sustainable practices.

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The Online segment was valued at USD 39.40 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

Middle East and Africa is estimated to contribute 2

商品零售价格指数：2005年=100：燃料：煤及无烟燃料在09-01-2013达177.0312005=100，相较于06-01-2013的176.2722005=100有所增长。商品零售价格指数：2005年=100：燃料：煤及无烟燃料数据按季更新，03-01-1970至09-01-2013期间平均值为64.6362005=100，共175份观测结果。该数据的历史最高值出现于03-01-2012，达177.3162005=100，而历史最低值则出现于09-01-1970，为7.4222005=100。CEIC提供的商品零售价格指数：2005年=100：燃料：煤及无烟燃料数据处于定期更新的状态，数据来源于Department for Business, Energy and Industrial Strategy，数据归类于全球数据库的英国 – 表 UK.RB018：燃料概览。