Thursday, December 27, 2018

China Coal


China is a big coal importer and is a big coal consumer at 1.9 billion metric tons in 2017. China imported 270.9 million metric tons of coal in 2017.

About 70 percent of China's total energy consumption and nearly 80 percent of its electricity production come from coal, and its recent shift from being a historical net coal exporter to the world's largest net coal importer took only three years.

China produced 3.45 billion tonnes of raw coal in 2017, a year-on-year rise of 3.2%, showed deta released by the National Bureau of Statistics on January 18. ... Yet, an overall excess of coal capacity still plagues China. Jan 18, 2018

Below are the 15 countries that imported the highest dollar value worth of coal during 2017.
1.    Japan: US$22.9 billion (17.5% of total imported coal)
2.    China: $18.5 billion (14.1%)
3.    India: $15.2 billion (11.6%)
4.    South Korea: $15.1 billion (11.5%)
5.    Taiwan: $6.8 billion (5.2%)
6.    Germany: $5.9 billion (4.5%)
7.    Netherlands: $5.6 billion (4.3%)
8.    Turkey: $3.9 billion (3%)
9.    Brazil: $3.4 billion (2.6%)
10. Ukraine: $2.7 billion (2.1%)
11. Malaysia: $2.5 billion (1.9%)
12. France: $2.2 billion (1.7%)
13. Spain: $1.86 billion (1.4%)
14. Italy: $1.85 billion (1.4%)
15. Poland: $1.5 billion (1.2%)
By value, the listed 15 countries purchased 83.9% of all coal imports in 2017. Within parenthesis is the percentage of overall coal shipments.

Among the above countries, the fastest-growing markets for coal since 2013 were: Turkey (up 333.4%), Ukraine (up 38.3%), Brazil (up 38.3%) and Malaysia (up 34.7%).
Those countries that posted declines in their imported coal purchases were led by: China (down -28.6%), Italy (down -18.9%), France (down -7.8%) and Japan (down -2.9%).



Norb Leahy, Dunwoody GA Tea Party Leader

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