Based on the data provided, East Africa's coal consumption in 2023 stood at 0.21 Exajoules. The consumption pattern has shown considerable fluctuations from 2013 to 2023. Early years witnessed higher variations, with significant increases in 2013 and 2014. However, the trend has become more stable over recent years with minor annual changes. For example, the last two years recorded slight variations with a -1.44% change in 2023 compared to 2022.
Over the last five years, the average annual change (CAGR) has been -1.48%, indicating a marginal decline. However, the forecast period from 2024 to 2028 is expected to see a modest growth with a forecasted CAGR of 0.76% and an overall 3.85% growth across the five years.
Future trends to watch for include the impact of renewable energy investments, potential regulatory changes, and shifts in industrial demand which could significantly affect coal consumption patterns.
