Consumption of Coal in Japan reached 176.00 Million Tonnes in 2020
Consumption declined by a CAGR of 3.28% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Consumption to decline at a CAGR of ...
Market analysis
After a period of steep fluctuations both in value and volume terms, the Japanese coal market expanded in value achieving strong overall growth in the past five years. This expansion, with a minor overall deceleration, is expected to continue through to the end of the forecast period.
Market segmentation
Japan accounts for a significant share of the Asia-Pacific coal market value.
China accounts for a further position of the Asia-Pacific market.
Five force analysis
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.
Competition within the market is boosted by the presence of large multinationals, i.e., BHP Billiton, Glencore and Anglo American. The size and strength of buyers in this market grants them significant leverage; however, the high level of dependency on coal as a vital energy source restrains buyer power somewhat.
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. The large scale of many of the buyers in this market enhances their power. However, coal is a vitally important product to buyers in this market and as a result buyer are highly reliant on market players, diluting this power somewhat.
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.
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.
Degree of rivalry
The coal market is tending towards increased consolidation, with large multinationals, i.e. BHP Billiton, Glencore, Anglo American and Datong Coal dominating the scene. The presence of such players boosts the competition within the market.
Anglo American is one of the world's largest mining companies. The company operates in Africa, Europe, South and North America, Australia, and Asia.
In Brazil, Anglo American holds a interest in the Minas-Rio iron ore project. The company also holds shareholding in LLX Minas-Rio. Anglo American also holds a shareholding in Samancor Holdings, which owns Hotazel Manganese Mines and Metalloys, both in South Africa, and Australian-based Groote Eylandt Mining Company (GEMCO) and Tasmanian Electro Metallurgical Company (TEMCO).
The company's metallurgical coal segment operates six mines in Australia: one wholly owned and five mines in which the company has a controlling interest. Five of the mines (Moranbah North, Capcoal, Foxleigh, Dawson and Callide) are in Queensland. The sixth mine, Drayton, is in the Hunter Valley in New South Wales.
Switzerland
Japan
China
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