Forecast: Coal Production in Turkey

In 2023, Turkey's coal production stood at 0.84 Exajoules, reflecting a marginal 0.6% year-on-year increase from 2022. Over the past two years, from 2021 to 2023, the year-on-year variations have been 14.13% and 10.92%, indicating strong growth. The average annual growth rate (CAGR) over the last five years (2019-2023) is 3.87%, showcasing an overall steady increase in coal production.

Looking ahead, forecasted data suggests a slower growth rate with a CAGR of 1.06% from 2024 to 2028, translating to an estimated total growth of 5.41% over the five-year period. By 2028, coal production is anticipated to reach 0.90 Exajoules.

Future trends to watch for include:

  • Government policies affecting coal production and consumption.
  • Technological advancements in mining and energy production.
  • Global market demands and environmental regulations influencing coal production.
  • Turkey’s energy policy shifts towards more sustainable sources.

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