Coal & Ore Wholesaling in the US - Industry Market Research Report

Coal & Ore Wholesaling in the US - Industry Market Research Report

Coal & Ore Wholesaling in the US

Coal and ore wholesalers primarily engage in wholesaling coal, coke, metal ores and some nonmetallic materials. Coal prices are determined mainly by demand from downstream markets, especially industries in the electric power and industrial sectors. The crisis caused by the COVID-19 pandemic contributed to a significant drop in industry revenue in 2020. Still, very high natural gas prices have made coal cost competitive recently, aiding the success of coal and coke wholesalers. Although, the increasing cost competitiveness of renewables, such as wind and hydropower, has enabled these sources to begin competing with coal on a national level. Overall, industry revenue has grown at an annualized rate of 2.6% to $33.0 billion over the five years to 2023, despite sinking an estimated 12.4% in 2023 alone.

This industry comprises establishments primarily engaged in wholesaling coal, coke, metal ores and some nonmetallic minerals (except precious and semiprecious stones and minerals used in construction, such as sand and gravel).

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