In 2023, China's main coastal ports handled approximately 197.08 million metric tons of coal and its products. The forecasts for the years 2024 to 2028 reveal a steady increase in volume. Starting at 203.31 million metric tons in 2024, it is expected to reach 229.31 million metric tons by 2028. The year-on-year growth rates are consistently positive, indicating robust demand: 3.3% in 2024, 3.3% in 2025, 3.1% in 2026, 3.0% in 2027, and 2.9% in 2028. The compound annual growth rate (CAGR) over the five-year period is approximately 3.12%.
Future trends to watch for include:
- Potential impacts of China's environmental policies on coal demand.
- Global shifts towards renewable energy, which may influence coal consumption.
- Evolving trade relations that could affect coal exports and imports.
