Analyzing the forecasted data for Indonesian coal exports to India, we observe a consistent upward trend from 2024 through 2028. In 2023, Indonesian coal exports to India stood at 6.1057 billion USD. The year-on-year percentage variation shows modest but steady growth: 2024 (3.12%), 2025 (3.02%), 2026 (2.87%), 2027 (2.73%), and 2028 (2.61%). The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 2.87% per annum.
Future trends to watch for include:
- Geopolitical shifts that could affect trade agreements between Indonesia and India.
- Technological advancements in renewable energy sources potentially reducing dependency on coal.
- Economic policies and environmental regulations impacting coal production and export incentives.
- Market demand fluctuations in India based on industrial growth and energy consumption patterns.
