Hard Coal Mining in the UK - IBISWorld Industry Market Research

Hard Coal Mining in the UK

Hard Coal Mining in the UK - IBISWorld Industry Market Research
Hard Coal Mining in the UK
Published May 20, 2015
27 pages — Published May 20, 2015
Price US$ 875.00  |  Buy this Report Now

About This Report


In both European and global terms the United Kingdom is a minor producer of coal. Production has fallen sharply since the early 1970s, plunging as mines were closed in the mid-1980s. This trend has continued in the past decade, although it reversed slightly between 2009 and 2011. Industry revenue is estimated to decrease at a compound annual rate of 17.3% over the five years through 2015-16, reaching £392.5 million. During the current year, revenue is anticipated to drop by 33.2%. The fall over the past five years largely reflects the impact plummeting global coal prices have had on industry operators since 2011.

Firms in this industry mine black coal from underground or opencast mines. Mining includes the extraction of the coal and the associated activities, such as washing, grading, pulverising and compressing, which are necessary to prepare the coal for sale. The industry does not include support activities, test drilling or the manufacture of hard coal briquettes.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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IBISWorld Industry Market Research. "Hard Coal Mining in the UK" May 20, 2015. Alacra Store. Oct 28, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Hard-Coal-Mining-in-the-UK-2042-2304>
IBISWorld Industry Market Research. (2015). Hard Coal Mining in the UK May 20, 2015. New York, NY: Alacra Store. Retrieved Oct 28, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Hard-Coal-Mining-in-the-UK-2042-2304>
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