The July 2022 Coal Market Update provides the IEA’s latest analysis of global coal demand, trade and prices, as well as updated forecasts through 2023. Since the release last December of the IEA’s most recent annual market report, Coal 2021, Russia’s invasion of Ukraine has resulted in significant disruptions to global energy markets. The Coal Market Update dissects the shifting trends in coal demand, trade and prices in the midst of the current global energy crisis.