Current World and Russian Markets for Coal: An Analysis

Abstract— The current state of the global and Russian coal industry is analyzed, and its prospects are assessed. Global trends in coal extraction and consumption are considered, with an emphasis on the major producing and consuming nations. Attention focuses on Russia’s global position, its contribution to coal extraction and exports, and the problems and prospects associated with the changing global energy balance. The analysis rests on information from open sources, including scientific articles, specialized reports, statistical data, and the predictions of international experts. The variation in the output, exports, and profits of the Russian coal industry between 2012 and 2023 is compared. The key factors affecting the competitiveness of coal are identified, and the basic trends in global prices and demands are noted. The influence of geopolitical factors and environmental requirements on the coal industry is analyzed, and the importance of new technologies and increased production efficiency in ensuring stable development is emphasized. The role of the coal industry in the energy security and economic development of nations is studied, and the need to develop strategies for adaptation to changing market conditions is stressed.