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Hard Coal Mining in the UK - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

UK-B051 August 2024 Factsheet

Revenue

£211.4m

2019-2024 7.4 %
2024-2029 X.X %

Employees

1,464

2019-2024 5.9 %
2024-2029 XX.X %

Businesses

14

2019-2024 1.7 %
2024-2029 XX.X %

Wages

£XX.Xm

2019-2024 X.X %
2024-2029 XX.X %

Hard Coal Mining in the UK market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in United Kingdom compared to Europe?

Country Benchmarking

Industry Data United Kingdom

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#5 In Europe
Business
#5 In Europe
Employees
#5 In Europe
Wages
#4 In Europe

The Hard Coal Mining in the UK ranks 5 in Europe with regards to its 2024 revenue (£211.4m). Revenue received by operators in United Kingdom has been high in volatility over the past five-year period, with the average annual change in revenue (7.4 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Hard Coal Mining in the UK industry in United Kingdom in 2024?

The market size of the Hard Coal Mining in the UK industry in United Kingdom is £211.4m in 2024.

How many businesses are there in the Hard Coal Mining in the UK industry in 2024?

There are 14 businesses in the Hard Coal Mining in the UK industry in United Kingdom, which has grown at a CAGR of 1.7 % between 2019 and 2024.

Has the Hard Coal Mining in the UK industry in United Kingdom grown or declined over the past 5 years?

The market size of the Hard Coal Mining in the UK industry in United Kingdom has been declining at a CAGR of 7.4 % between 2019 and 2024.

What is the forecast growth of the Hard Coal Mining in the UK industry in United Kingdom over the next 5 years?

Over the next five years, the Hard Coal Mining in the UK industry in United Kingdom is expected to decline.

What does the Hard Coal Mining in the UK in United Kingdom include?

Underground coal mining and Opencast coal mining are part of the Hard Coal Mining in the UK industry.

How competitive is the Hard Coal Mining in the UK industry in United Kingdom?

The level of competition is moderate and decreasing in the Hard Coal Mining in the UK industry in United Kingdom.

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Table of Contents

About this industry

Industry definition

Companies in this industry mine black coal from underground or opencast mines. Mining includes the extraction of coal and the associated activities, such as washing, grading, pulverising and compressing, which are necessary to prepare the coal for sale.

What's included in this industry?

Underground coal miningOpencast coal mining

Industry Code

ISIC 2006

051 - Mining of hard coal in United Kingdom

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Hard Coal Mining in the UK
  • Employees in the Hard Coal Mining in the UK
  • Business in the Hard Coal Mining in the UK
  • Profit in the Hard Coal Mining in the UK

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Hard coal miners must follow strict regulations. Miners must follow a range of regulations relating to safety and environmental standards, which are enforced by the government and regulatory bodies.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Hard Coal Mining in the UK industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Commodity prices are a key driver of profitability. Once a mine is operating at full capacity, mine operators have limited scope to cut operating costs, so profitability is heavily dependent on the price of commodities on the open market.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Hard Coal Mining in the UK industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.