Forecast: Import of Coal to Canada

The import of coal to Canada is projected to decrease gradually from 2024 through 2028, with values declining from 722.15 million USD in 2024 to 710.92 million USD in 2028. The year-on-year variation for 2025 is anticipated to be a decrease of 0.40%, while 2026 is expected to see a further decrease of 0.39%. For 2027 and 2028, the downward trend continues with decreases of 0.39% and 0.38%, respectively. The compound annual growth rate (CAGR) over these five years is a negative trend, suggesting Canada’s decreasing reliance on coal imports.

Future trends to watch for include:

  • Shift towards renewable energy sources and its impact on coal demand.
  • Changes in international coal prices and their influence on Canadian imports.
  • Government policies favoring cleaner energy alternatives and potential impacts on coal import dynamics.

Top Countries about Coal