Consumption of Coal in Germany reached 139.19 Million Tonnes in 2020
Consumption declined by a CAGR of 15% between 2017 to 2020, and is expected to decline by ...
GlobalData projects the Consumption to decline at a CAGR of ...
The coal market is defined as revenues due to the sale of coal for industry and power generation.
The German coal market expanded over the past five years. This trend, with a minor overall deceleration, is expected to continue through to the end of the forecast period. 7
Market segmentation
Germany accounts for the majority of share in the European coal market value. United Kingdom accounts for the second largest share in the European market.
Five force analysis
Coal is Germany's most abundant indigenous energy resource. However, its consumption has been historically decreasing over time. Competition within the market is boosted by the presence of large corporations, i.e., Vattenfall and RWE Power.
Coal, as an energy source, faces several possible substitutes, including oil, gas, nuclear fuels, wind power and solar power. Some are more beneficial for the environment; however, switching would involve high investment for traditional power generation companies.
The coal market will be analyzed taking coal mining companies as players. The key buyers will be taken as power generation companies, and mining equipment suppliers and landowners/regulators as the key suppliers.
Buyer power
Power generation companies are the key buyers of coal. Amongst buyers, there are also industrial and retail users, i.e., steel makers, who use coking coal in the manufacture of steel.
Supplier power
Suppliers in this market include producers of mining and production equipment and land owners, amongst others. In general, supplier power is weakened by the fact that the mining market is important to suppliers’ revenues. Mining equipment is often highly specialized and manufacturers are restrained by this dependency on what constitutes a niche demand.
New entrants
Large multinational mining companies act as the dominant players within the coal market. These companies derive great advantage from economies of scale, with bulk coal production translating into a minimal per unit selling price for coal. Smaller companies within the market may therefore struggle to compete on an equal footing.
Threat of substitutes
Coal, in principle, faces several possible substitutes in the power generation market, including oil, gas, and nuclear fuels. Other substitutes include renewable sources, i.e., wind power and solar power, geothermal energy, etc. These can be seen as quite a strong threat with the current emphasis on utilizing more environmentally friendly fuels but involve high investment for traditional power generation companies in order to make the transition to renewable energy sources.
Degree of rivalry
The coal market is tending towards increased consolidation, with large, diversified energy companies, i.e., Vattenfall and RWE Power dominating the scene. The presence of such players boosts the competition within the market.
Leading company
Mitteldeutsche Braunkohlengesellschaft mbH (MIBRAG) engages in the extraction and sale of raw brown coal. The company was founded in 1994 and is based in Theißen, Germany. Mitteldeutsche Braunkohlengesellschaft mbH operates as a subsidiary of Severoceske Doly AS and Energeticky a Prumyslovy Holding.
Switzerland
China
Japan
Luxembourg
South Korea
Japan
United Kingdom
Australia
Japan
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer