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This hints at what some analysts have referred to as a "structural decline in the global seaborne thermal coal market".
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Of course, just as there is a structural decline in some industries, others enjoy structural growth (the "creative" part of "creative destruction").
Globally, nuclear energy is facing a structural decline.
Over the longer term, he dismissed the idea of a structural decline and predicted yearly gains in the "midsingle digits".
Analysts at the Carbon Tracker thinktank reported earlier this year that the US coal sector has entered a "structural decline" because of cheap shale gas and ever-heavier regulatory pressure.
Looking around the world, it is easy to see why the former US treasury secretary Larry Summers talks about secular stagnation, a structural decline in the trend rate of growth.
The US coal sector is in a "structural decline" which has sent 26 companies bust in the last three years, according to financial analysts.
We think that it's in a structural decline.
But the report warned that financial services appeared to have suffered a structural decline.
Yes, this may be a sharp cyclical rise masking a gradual structural decline.
And as coal enters structural decline, clean energy is booming.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com