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Wednesday, 12 August 20 VIETNAM WAS THE PROTAGONIST OF A SIGNIFICANT INCREASE IN COAL IMPORTS IN 2019 - ASSOCARBONI
The latest Assocarboni data for 2019 also provide a detailed picture on the trend of the global coal import.
According to Assocarboni , China, Vietnam, India and Philippines are the countries that contributed the most to the growth in coal volumes during 2019, achieving record results in terms of import.
China’s total coal imports increased of 6,3% in 2019 to 299,67 million tons (281,23 million tons in 2018). China’s crude steel production also increased by 8,3% in 2019, reaching a record high of 996,3 million tons (920 million tons in 2018). The global share held by China in the production of crude steel thus rises to 53,3% compared to 50,9% in the previous year.
Vietnam was the protagonist of a significant increase in coal imports in 2019, driven by the strong rise of thermal coal imports. In particular, total coal imports reached a volume of 39,3 million tons (+32% compared to the 22,7 million tons of 2018): coking coal imports reached 6,8 million tons (5,5 million tons in 2018) and thermal coal imports recorded an increase of 89%, reaching 32,5 million tons (17,2 million tons in 2018).
Assocarboni further noted that, India also grew by 12% in 2019 with coal thermal imports reaching 187,33 million tons (167,17 million tons in 2018). Coking coal and PCI imports increased of 3% reaching 61,85 million tons (52.59 million tons in 2018). Total coal imports reached 263,54 million tons, with a 10% increase compared to the 239,51 million tons of 2018 and a 22% increase compared to the 216,05 million tons of 2017.
Also outstanding are the results recorded by the Philippines, Country that in less than ten years has nearly tripled its thermal coal imports, growing from 11 million tons imported in 2011 to 28,3 million tons expected for 2020. In 2019 thermal coal imports have reached 26,3 million tons, with a 4% increase year on year (25,2 million tons in 2018).
Also Taiwan shows rising volumes for 2019, with a 3% increase that brought the country to 70,8 million tons (69 million in 2018). In particular, coking coal imports reached 12,7 million tons (compared to the 12 million tons in 2018), while thermal coal imports increased from 57 million tons in 2018 to 58,1 million in 2019.
Among the major Asian economies, Japan instead showed a slight drop in total coal imports, which in 2019 stood at 186,09 million tons compared to the 186,09 million in 2018 (-3%). In particular, thermal coal imports stood at 125,8 million tons (128,8 million in 2018), while coking coal imports showed a slight increase, reaching 54,5 million tons (54,1 million in 2018).
ASSOCARBONI the Italian Association of coal operators is a non-profit organisation founded in 1897, which represents national and international companies engaged in solid fuels. Its head office is in Rome and it has representative offices in London and Brussels.
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The latest Assocarboni data for 2019 also provide a detailed picture on the trend of the global coal import.
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