Key Market Indicators
Colombian coal production is projected to experience a significant decline over the next five years. By 2028, output is expected to drop to approximately 1 exajoule, down from the 1.5 exajoules recorded in 2023. This represents an average annual decrease of 5.7%. The downward trend is not new for Colombia; since 1986, the country's coal supply has been decreasing at an average rate of nearly 10% per year. Such a decline highlights ongoing challenges within the industry and raises questions about the future of Colombia's energy sector.