Indonesian coal market

Indonesia is the world’s largest seaborne exporter of coal, accounting for 33.6% of the global seaborne coal market in 1H 2023. Export volumes from Indonesia were relatively depressed during 2020 and 2021, due to disruption from Covid-19 and from government policies favouring domestic consumption, but bounced back to an all-time record high in 2022. Total seaborne coal exports from Indonesia in the 12 months of 2022 reached 387.6 mln tonnes, according to Refinitiv vessel tracking data. This was up +20.8% y-o-y from the 320.9 mln tonnes of 2021, and +24.9% from the low of 310.3 mln t in 2020, and […]