In 2023, the import of coal to Saudi Arabia stood at 38.5 million US dollars. Moving forward, forecasted data indicates a steady upward trend in coal imports. By 2024, imports are expected to reach 39.071 million US dollars, representing a year-on-year increase of 1.48%. The growth continues with 39.89 million in 2025 (2.1% increase), 40.692 million in 2026 (2.01% increase), 41.478 million in 2027 (1.93% increase), and 42.248 million in 2028 (1.86% increase). The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is projected at approximately 1.87%.

Future trends to watch for:

Global coal market fluctuations due to geopolitical tensions and economic shifts.
Saudi Arabia’s potential increase in renewable energy investments affecting coal demand.
Technological advancements in coal utilization and their impact on import volumes.
Environmental regulations and international climate agreements influencing coal imports.