Key Market Indicators
Venezuelan coal production has hit rock bottom in 2023, registering at zero exajoules. This marks a significant drop from the 0.01 exajoules recorded in 2022, representing a sharp 40% decrease compared to the previous year. The decline is part of a longer-term trend. Since 1986, Venezuela's coal supply has been falling steadily, with an average annual decrease of over 32%. The latest figures underscore the ongoing challenges facing the country's coal industry.
