The export volume of anthracite from China displayed significant fluctuations over the past decade, peaking in 2016 at 3.6933 billion kilograms before entering a steady decline. In 2023, exports stood at 1.1245 billion kilograms, showing a consistent downward trend. Notably, the year-on-year decline from 2022 to 2023 was 12.61%, with a 5-year average annual decrease (CAGR) of 8.44%, illustrating the sector's ongoing contraction.
Future projections suggest a continued decrease in exports, expecting the volume to fall to 0.26828 billion kilograms by 2028. This represents a drastic 71.34% contraction over five years, accompanied by an annual average decline rate (CAGR) of 22.11%.
Trends to watch for:
- The impact of global energy transitions towards greener alternatives on anthracite demand.
- The emergence of stricter environmental regulations both domestically and internationally.
- Fluctuations in global market prices for anthracite and potential shifts in trade policies.