Forecast: Coal Production in Brazil

Brazil's coal production has experienced various fluctuations over the past decade. In 2013, it stood at 0.15 Exajoules and remained constant in 2014. However, it saw a decline from 2015 through 2017, reaching 0.091 Exajoules in 2017. The production slightly recovered to 0.099 Exajoules in 2018 but dropped again in 2019, reaching 0.091 Exajoules. The year 2020 saw a positive change, increasing to 0.1 Exajoules, followed by a significant rise in 2021 to 0.12 Exajoules. In 2022, it decreased to 0.11 Exajoules and remained the same through 2023.

Year-on-year variations showcase notable fluctuations: a 24.59% increase in 2013, a -0.66% drop in 2014, a steep -19.21% reduction in 2015, and a -18.75% decline in 2017. Positive growth was observed in 2018 and 2020 with 8.79% and 10.99%, respectively. However, 2022 experienced an -11.48% decline. The average annual growth rate over the last five years until 2023 is 1.76%.

Future trends from 2024 onwards forecast a steady production level at 0.11 Exajoules annually until 2028, implying a forecasted 5-year CAGR of -0.19% and a total growth rate of -0.93%.

Future trends to watch for:

• The global shift towards renewable energy sources and its impact on coal demand.
• Technological advancements in coal mining and production efficiency.
• Environmental policies and regulations affecting coal production and consumption.
• Geopolitical factors influencing Brazil's coal export markets.
• Economic considerations within Brazil impacting the domestic coal industry.