The import of bituminous coal to the Philippines stood at 5.7 Billion Kilograms in 2023. Forecasted figures indicate a steady increase in imports, with values projected at 5.9446 billion kg in 2024, climbing incrementally to reach 7.0149 billion kg by 2028. The year-on-year growth rates are approximately 4.6% for 2025, 4.3% for 2026, 4.1% for 2027, and 3.8% for 2028. Overall, the compound annual growth rate (CAGR) over the next five years is expected to be around 4.2%.
Future trends to watch for include:
- Global shifts in coal prices and supply chain stability
- Domestic energy policy changes in the Philippines
- Potential increased investments in alternative energy sources
- Impact of international environmental regulations and agreements
