Based on the provided data, the forecasted imports of bituminous coal to Viet Nam from 2024 to 2028 are as follows (values in Billion US Dollars):
- 2024: $1.0702
- 2025: $1.1248
- 2026: $1.1783
- 2027: $1.2308
- 2028: $1.2822
The year-on-year percentage variations are:
- 2024-2025: (1.1248/1.0702 - 1) * 100 = 5.1%
- 2025-2026: (1.1783/1.1248 - 1) * 100 = 4.7%
- 2026-2027: (1.2308/1.1783 - 1) * 100 = 4.4%
- 2027-2028: (1.2822/1.2308 - 1) * 100 = 4.2%
The compound annual growth rate (CAGR) over the forecast period from 2024-2028 is calculated as follows:
CAGR = (1.2822/1.0702)^(1/4) - 1 = 4.6%
The import of bituminous coal to Viet Nam is projected to show a steady increase, with an average annual growth rate of approximately 4.6% over the next five years. Factors to monitor include global coal prices, Viet Nam's energy policies, and investments in alternative energy sources, which may impact the import trends of bituminous coal.
