Commodity Market Report
India Coal December 2021 outlook to 2050
Report summary
Industrialisation, favorable demographics and urbanisation to anchor India as a key driver for thermal and metallurgical coal demand. Total power generation and crude steel production is expected to grow by 187% and 230%, respectively, by 2050. At COP26 summit, India has opted for “phasing down” rather than “phasing out” coal to control emissions. This means coal will remain in the country’s industrial demand mix. India’s thermal coal import share will be 27% of global seaborne market by 2050. Strong growth in BF-BOF dominated steel production to drive metallurgical coal import share to 43% of global seaborne trade by 2050.
Table of contents
- Dependence on thermal coal imports to continue despite surge in coal production
-
India to anchor global seaborne metallurgical coal demand growth with dominant BF-BOF steel production
- A comprehensive PowerPoint presentation and related Excel spreadsheets are available in the download section of this report, detailing December 2021 outlook to 2050.
Tables and charts
This report includes 2 images and tables including:
- Import mix of Metallurgical coal in the long term
- Thermal coal demand to reach 1 Btpa in 2023
What's included
This report contains:
Other reports you may be interested in
Insight
Europe levelised cost of electricity 2023 (LCOE)
This report provides an analysis and outlook to 2050 for power technology and generation cost trends in Europe.
$15,000
Commodity Market Report
Battle for the future 2023: Plummeting solar costs remake the power landscape in Asia Pacific
Analysis and outlook for APAC power technology and generation cost trends, including LCOE data and assumptions covering 26 technologies.
$15,000
Market Report
Europe levelised cost of electricity (LCOE) 2023
This report provides an analysis and outlook to 2050 for power technology and generation cost trends in Europe.
$5,990
