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Annual Report 2010 - Verein der Kohlenimporteure eV

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of world production was traded internationally in <strong>2010</strong>,<br />

a significantly greater share than for steam coal.<br />

Differences in trends were observed in the two segments<br />

of world coal trade. The following comments refer only<br />

to seaborne hard coal trade.<br />

The major import countries are found mainly in<br />

Southeast Asia. In addition to Japan, South Korea and<br />

Taiwan, China has also become a major coal importer.<br />

India also pushed its way further up the ranking. In<br />

Europe, Germany and the United Kingdom imported<br />

most coal.<br />

Ten Largest Hard Coal Importing<br />

Countries 1)<br />

2008<br />

Mt<br />

2009<br />

Mt<br />

<strong>2010</strong><br />

Mt<br />

Japan 190 162 184<br />

China 41 127 166<br />

South Korea 100 103 111<br />

Taiwan 65 59 64<br />

India 54 59 86<br />

Germany 48 40 40<br />

United Kingdom 48 37 26<br />

Spain 33 25 13<br />

USA 34 21 15<br />

Italy 26 20 22<br />

Total 639 653 727<br />

Share of World Trade 76% 76% 75%<br />

EU-27 217 189 182<br />

Share of World Trade 25% 21% 19%<br />

1) <br />

HT-W11<br />

Steam Coal Market Continues to Grow<br />

Atlantic Region<br />

The Atlantic region includes the east coasts of North,<br />

Central and South America, Europe, including the<br />

countries bor<strong>der</strong>ing the Mediterranean, and the northern<br />

and western coasts of Africa.<br />

The Atlantic region was hit especially hard by the<br />

world economic crisis. This affected demand in North,<br />

Central and South America and also in Europe. Demand<br />

dropped in <strong>2010</strong> by a further 15 million tonnes or 9%<br />

<br />

its exports. South Africa found compensation for the<br />

shortfall in European quantities on the Asian and Indian<br />

markets. Russia’s exports to meet power plant demand<br />

on the Atlantic market remained stable. Colombia<br />

exported for the first time to China. The Atlantic market<br />

accounts for 25% of global steam coal trade.<br />

<br />

The Pacific region continued to grow dynamically, and<br />

<br />

million tonnes to 541 million tonnes or 15%. Almost<br />

all of the Asian economies increased their purchases.<br />

A sharply increasing market, driven mainly by demand<br />

from China and India, can also be expected over the<br />

coming years. <strong>2010</strong> in the Pacific region was marked<br />

in particular by the further rise in steam coal imports<br />

<br />

<br />

to increase their exports. Russia also covered China’s<br />

<br />

the “special economic situation” in China, prices on<br />

the steam coal market would probably have decreased<br />

much more steeply. The Pacific market accounts for<br />

<br />

Weltsteinkohlenför<strong>der</strong>ung: 6,7 Mrd. t<br />

19

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