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Friday, 07 May 21
CHINA'S TOTAL COAL IMPORTS FOR 2020 REACHED A VOLUME OF 304 MILLION TONS - ASSOCARBONI
assocarboniOur benchmarks, manufacturing Countries like China, Germany, Japan, India, South Korea and Taiwan will continue to use a mix of coal and nuclear to produce electricity even beyond 2025, year in which the phase-out of coal in Italy will be concluded.
 
The latest Assocarboni data for 2020 also provide a detailed picture on the trend of the global coal import.
 
China, Pakistan and Vietnam are the countries that contributed the most to the growth in coal volumes during 2020. In the Mediterranean area, imports from Israel, Morocco and Turkey have increased.
 
China's total coal imports for 2020 reached a volume of 304 million tons, an increase of 1.5% compared to 299.67 million imported in 2019. The initial goal stated by the Chinese government was to maintain imports in a range between 277 and 299 million tons. Total Chinese coal production for 2020 reached a volume of 3.84 billion tons (+ 0.9% compared to 2019). Crude steel production for 2020 reached a record result at 1.05 billion tons, exceeding the 1 billion mark for the first time.
 
In 2020, Vietnam's coal imports continued to rise rapidly: the country imported 28% more coal on an annual basis, following a higher demand for energy domestically. In particular, total coal imports reached a volume of 55.8 million tons last year, compared to 43.7 million in 2019. This is a truly remarkable result, especially since the import volumes were nevertheless limited by the coronavirus pandemic and the extreme weather conditions in the country in October and November 2020. Vietnamese steel production also grew significantly, reaching 31.0 million tons in 2020, up 52% from 20.4 million in 2019.
 
A slight increase also affected Turkey's thermal coal imports, which in 2020 recorded an increase of 1%, reaching 19.8 million tons compared to 19.6 million in 2019. Coking imports coal instead showed a slight decrease, by -3%, reaching 5.5 million tons compared to 5.7 million in 2019.
 
Morocco also recorded a + 2% increase in thermal coal imports in 2020, reaching a volume of 10.3 million tons compared to 10.1 million in 2019.
An increase also affected Israel's thermal coal imports, which in 2020 stood at 8.2 million tons, up 3% compared to 8 million in 2019.
 
Finally, in Chile thermal coal imports in 2020 recorded a slight increase, reaching 10.1 million tons and marking a + 2% compared to 9.9 million tons in 2019.
Source: PRESS RELEASE, ASSOCARBONI


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