Base Year
Historical Year
Forecast Year
Value in
2024-2032
Australia Coal Market Outlook
*this image is indicative*
Based on end use, the Australia coal market is being driven by increasing demand for power generation for residential, commercial, and industrial consumption
Coal reserves provide a reliable and cost-effective energy source for power generation. Coal-fired power plants offer stable baseload power essential for meeting electricity demand across various sectors. The affordability of coal compared to alternative fuels makes it preferable over other types of energy sources thus boosting the Australia coal market growth.
| Australia Coal Market Summary | Description | Value |
| Base Year | Million Tonnes | 2023 |
| Historical period | Million Tonnes | 2018-2023 |
| Forecast Period | Million Tonnes | 2024-2032 |
| Market Size 2023 | Million Tonnes | 104.2 |
| Market Size 2032 | Million Tonnes | 121.3 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 1.7% |
| CAGR 2024-2032 - Market by Region | New South Wales | 1.9% |
| CAGR 2024-2032 - Market by Region | Queensland | 1.8% |
| CAGR 2024-2032 - Market by Type | Anthracite | 1.9% |
| CAGR 2024-2032 - Market by Mining Technology | Surface Mining | 2.1% |
| Market Share by Region | Victoria | 12.4% |
Despite environmental concerns, technological advancements have improved efficiency and reduced emissions. Coal power plants are equipped with advanced technologies to reduce environmental impact. According to the Minerals Council of Australia, in 2019, coal accounted for a significant portion of energy production, at 69%.
Australia's coal is preferred for process heat in various industries including alumina production, chemicals, machinery, asphalt, cement, and steel making. Its quality matches the needs of modern, high-efficiency coal-fired power plants in Asia, while its metallurgical coals are top-grade for steel production globally.
By the end of 2020, Australia’s recoverable Economic Demonstrated Resources were 74,147 million tons of black coal and 74,039 million tons of brown coal, according to Australian government (Geoscience Australia).
Australia Coal Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Mining Technology
Market Breakup by End Use
Market Breakup by Region
Surface mining is predominantly used in the coal market. This method involves the extraction of coal deposits that are close to the surface, typically through open-pit mining or strip-mining techniques. Surface mining is favoured due to Australia's geology, which often features large, shallow coal reserves that are economically viable to extract using heavy machinery and equipment. This approach allows for efficient extraction of coal with lower operational costs compared to underground mining, making it the preferred choice for many coal mining operations across the country.
| CAGR 2024-2032 - Market by | Region |
| New South Wales | 1.9% |
| Queensland | 1.8% |
| Australian Capital Territory | 1.5% |
| Victoria | XX% |
| Western Australia | XX% |
| Others | XX% |
The growth of the coal market is fuelled by increasing demand for coal for power generation as well as increasing production.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
The market is projected to grow at a CAGR of 1.70% between 2024 and 2032.
Based on the type, the coal market is bifurcated into bituminous coal, sub-bituminous coal, lignite coal, anthracite, and others.
Key players in the industry are Bloomfield Group, BHP Group Limited, Yancoal Australia Ltd., Banpu Public Company Limited (Centennial Coal), Glencore Australia Pty Ltd., Jellinbah Group, Peabody Energy, Inc., Whitehaven Coal Limited, and Hunter Valley Operations, among others.
Based on mining technology, the coal market is divided into surface mining, underground mining, and others.
The different end use in the coal market includes power generation, steel, cement, residential and commercial, and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Mining Technology |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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