Compared to other coals like bituminous, lignite, and sub-bituminous, anthracite releases minimal smoke when burned, offering an environmental advantage. It contains over 80% fixed carbon and has a high calorific value, typically between 6000-8000 kcal/kg. This enables long combustion duration and high thermal efficiency, making it suitable for high-temperature and low-pollution applications like industrial boilers, metallurgy, and domestic heating. Its low sulfur and ash content further reduce pollution, cutting costs for desulfurization and dust removal in industrial use.
Anthracite is widely used as a reducing agent in steel and metal smelting, as an additive in foundry molding sand, and as a fuel in cement production. The analysis highlights its role in the chemical industry, where anthracite is used to produce activated carbon, calcium carbide, and carbon electrodes and to treat wastewater and industrial water. Due to its high density and energy characteristics, power plants often utilize anthracite in high-efficiency power generation. Its smokeless and low-odor properties also make it a preferred fuel for heating and in the catering industry.
The upstream sector for anthracite includes coal mining and transport, often near mining areas, requiring advanced mining technologies and support networks. Downstream sectors span industries such as steel, chemicals, power, cement, and domestic use. The publisher notes that China, Russia, Australia, and South Africa are leading global anthracite producers and exporters. Vietnam, however, is heavily dependent on imported anthracite due to limitations in its domestic coal reserves and mining conditions.
In Vietnam, the anthracite market's demand centers on power generation and industry, which have rapidly expanded in recent years, driving a surge in imports. With accelerated industrialization, the Vietnamese government has actively promoted infrastructure development, expanded the power grid, and added power plants, all of which have further raised energy demand and import volumes. Although Vietnam has coal resources, primarily in Quang Ninh Province, technological constraints and environmental concerns make large-scale extraction and transport challenging, leaving local demand unmet.
The data shows that in 2023, Vietnam imported approximately USD 460 million worth of anthracite, and imports from January to August 2024 had already exceeded USD 330 million, indicating steady growth. Vietnam's anthracite imports are expected to continue increasing in the coming years.
According to the publisher, from 2021 to 2024, key anthracite suppliers to Vietnam included Australia, Russia, and Laos, with major exporting companies such as Yarrabee Coal Company Pty Ltd, Xekong Power Plant Company Limited, and SC Kuznetskinveststroy. Vietnam's main anthracite importers are companies in the steel, minerals, and power generation sectors, including Hoa Phat Dung Quat Steel JSC, Hoanh Son Group JSC, and TECHCOM MINERAL TRADING CO, LTD.
Overall, as Vietnam's economy grows, industrialization advances, and infrastructure improves, anthracite demand will continue expanding. Given Vietnam's limited anthracite production, the publisher anticipates a sustained rise in anthracite imports in the coming years.
Topics covered:
- The Import and Export of Anthracite in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Anthracite in Vietnam (2021-2024)
- Total Import Value and Percentage Change of Anthracite in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Anthracite in Vietnam (2024)
- Total Import Value and Percentage Change of Anthracite in Vietnam (2024)
- Average Import Price of Anthracite in Vietnam (2021-2024)
- Top 10 Sources of Anthracite Imports in Vietnam and Their Supply Volume
- Top 10 Suppliers in the Import Market of Anthracite in Vietnam and Their Supply Volume
- Top 10 Importers of Anthracite in Vietnam and Their Import Volume
- How to Find Distributors and End Users of Anthracite in Vietnam
- How Foreign Enterprises Enter the Anthracite Market of Vietnam
- Forecast for the Import of Anthracite in Vietnam (2024-2033)
Table of Contents
Companies Mentioned
- YARRABEE COAL COMPANY PTY LTD
- XEKONG POWER PLANT COMPANY LIMITED
- SC KUZNETSKINVESTSTROY
- HOA PHAT DUNG QUAT STEEL JSC
- HOANH SON GROUP JSC
- TECHCOM MINERAL TRADING CO LTD.
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | November 2024 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 495 Million |
| Forecasted Market Value ( USD | $ 894.84 Million |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Vietnam |
| No. of Companies Mentioned | 6 |
