The output of coal mining in Brazil has shown fluctuating trends over the past decade. From 2013 to 2023, there have been various periods of growth and decline. In 2023, the output stood at 21.8 billion Brazilian Reals. While the production experienced a significant boost in 2020 at a year-on-year growth rate of 14.11%, it saw a subsequent decline in 2021 by -9.33%. However, the years that followed showed a stabilization phase with minor positive growth rates of 1.75% in 2022 and 1.7% in 2023. The CAGR for the last five years (2018-2023) stood at 1.73% indicating a modest upward trend.

Future trends to watch for:

The forecast for 2024-2028 presents a gradual increase with an estimated 5-year CAGR of 1.24%.
Sustained growth is expected to continue, amounting to a total increase of 6.35% over the next five years.
Economic factors, environmental regulations, and international demand for Brazilian coal will significantly influence future output trends.
Technological advancements and investments in more efficient mining processes could bolster production capabilities.