Indonesia's coal exports to Thailand are forecasted to increase gradually from 2024 to 2028, reflecting a consistent upward trend. In comparison to the actual figures of 1.05 billion USD in 2023, the value in 2024 is projected at 1.0693 billion USD, marking a year-on-year increase of approximately 1.84%. The subsequent years show further steady increases: 2.42% from 2024 to 2025, 2.31% from 2025 to 2026, 2.21% from 2026 to 2027, and 2.12% from 2027 to 2028.
The compounded annual growth rate (CAGR) over this five-year period is approximately 2.18%, indicating a modest but persistent growth in Indonesia's coal exports to Thailand.
Future trends to watch for include increasing demand for cleaner energy sources, regulatory changes, and market diversification strategies employed by Indonesian exporters. It will be critical to monitor energy policies in Thailand and regional economic dynamics that could impact the coal trade between these two nations.
