Global metallurgical coal consumption volume 2022-2026

Published by
M. Garside,
Aug 8, 2024

In 2023, the global metallurgical coal consumption volume surpassed 1.1 billion metric tons. This is forecast to increase to 1.118 billion metric tons by 2026. Metallurgical coal, often referred to as coking coal, is utilized in the production of coke, which serves as the main carbon source in the process of steelmaking.

Consumption volume of metallurgical coal worldwide in 2022 and 2023, with a forecast for 2026 (in million metric tons)

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Release date

December 2023

Region

Worldwide

Survey time period

2023

Special properties

2023 values are estimates

Supplementary notes

*Forecast based on a CAAGR of 0.5 percent between 2023 and 2026.

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Reserves

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Trade

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Companies

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Consumption

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Financials

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