Burned out: Volatile global conditions increased industry revenue and export prices

Operators in the Coal Mining industry in Canada have experienced wild fluctuations in prices of industry goods over the five years to 2019. The industry has two primary products, which include metallurgical coal used for steel production and thermal coal used in energy generation. While an imbalance between global supply and demand decreased prices previous to the reporting period, subsequent growth in prices helped to push revenue up overall. Notably, the price of industry products can be significantly influenced by idiosyncratic external factors. The industry is expected to experience declining revenue over the five years to 2024. Coal prices are forecast to decrease during the outlook period and slowing economic growth in major global markets is likely to constrain demand...read more.

Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 14-19
3.7%
Forecast Growth 19-24
Profit
Employment
5,888
Businesses
7

Industry Threats & Opportunities

  • Rising global coal production will put pressure on industry exports
  • The share of electricity generated from coal has been declining in certain regions
  • Decline in prices are forecast due to slowing growth alongside rising production
  • Industry Report - Industry Products Chapter

    In the Coal Mining industry in Canada, there are two main types of coal. This includes brown coal, also known as lignite, and black coal, or bituminous, subbituminous and anthracite coals. Black coal can be further broken down into thermal coal and metallurgical coal. Coal is categorized based on its content of carbon, or its content of energy, and moisture, which determine its value.Bituminous and subbituminous thermal coalThermal coal which is the dense coal with well-defined black bands of bright and dull material that usually is used to produce electricity. Its moisture content is less than 20.0%. Thermal coal generally contains less carbon than metallurgical coal, making it unsuitable for making steel. Instead, it has a relatively high energy content. In ...purchase to read more.

    Additional Insights for the Coal Mining Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Coal Mining Industry are

  • Availability of resource
  • Ability to find new resource deposits
  • Economies of scale
  • IBISWorld analysts also discuss how external factors such as World price of coking coal and World price of steaming coal in the Coal Mining industry impact industry performance..

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    What's in this report

    What is the Coal Mining Industry?

    This industry mines bituminous, anthracite and lignite varieties of coal. Mining occurs underground and in surface pits. Industry operators may also develop coal mine sites and prepare the coal for sale by washing, screening and sizing it.

    Industry Products
  • Bituminous and subbituminous thermal coal
  • Metallurgical coal
  • Lignite thermal coal
  • Industry Activities
  • Bituminous coal and lignite surface mining
  • Bituminous coal and lignite underground mining
  • Anthracite mining
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • World price of coking coal
  • World price of steaming coal
  • Canadian effective exchange rate index
  • GDP of mainland China

  • Current Performance
  • Metallurgical push
  • Global pressure
  • Natural gas gaining
  • Chart: Revenue Growth

  • Industry Outlook
  • Price complications
  • Greenhouse gas concerns
  • Table: Coal Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Coal Mining Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Cement Manufacturing in Canada
  • Iron & Steel Manufacturing in Canada
  • Thermal Power in Canada

  • Key Selling Industries
  • Chemical Product Manufacturing in Canada
  • Construction & Forestry Equipment Wholesaling in Canada
  • Gasoline & Petroleum Wholesaling in Canada
  • Mining, Oil & Gas Machinery Manufacturing in Canada

  • Products & Services
  • Metallurgical coal
  • Bituminous and subbituminous thermal coal
  • Lignite thermal coal
  • Chart: Coal Mining Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • Coke plants and other industrial markets
  • Power producers
  • Chart: Major Market Segmentation for the Coal Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesDepreciationMarketingRentUtilitiesOther costs
  • Chart: Cost Structure Benchmarking – Sector vs Coal Mining

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Coal Mining Industry

  • Industry Globalization
    Teck Resources Limited, Westmoreland Coal Company,
  • Table: Teck Resources Limited - financial performance
  • Table: Westmoreland Coal Company - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Coal Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Coal Mining Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • World price of steaming coal (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Coke
  • The solid residue remaining after certain types of coal are heated to a high temperature out of contact with air until nearly all components that easily vaporize have been driven off.
  • Longwall Mining
  • A form of underground mining in which large blocks or panels of coal are excavated using a shearer. The mine roof collapses as the shearer retreats.
  • Metallurgical Coal
  • Coal with a high carbon content used to produce coke for steel making. This type of coal is also referred to as coking coal.
  • Open Cut Mining
  • A type of surface excavation in the form of an inverted cone. The shape of the mine opening varies with the shape of the mineral deposit.
  • Thermal Coal
  • Coal with a high energy content burned as fuel in power stations. This type of coal is also referred to as steaming coal.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Coal Mining market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Coal Mining:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Coal Mining market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Coal Mining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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