The import of coal other than anthracite or bituminous to India demonstrates a steady growth trend based on forecasts from 2024 to 2028. The value is projected to rise from $27.782 billion in 2024 to $32.082 billion by 2028, indicating year-on-year growth rates. From 2024 to 2025, there is an increase of approximately 3.98%, from 2025 to 2026, a 3.75% rise, from 2026 to 2027, a growth of 3.55%, and from 2027 to 2028, a 3.36% increase. The compound annual growth rate (CAGR) over this five-year period is 3.38%.
Looking forward, trends to monitor include domestic energy policy shifts towards sustainable sources, which could impact coal import reliance. Additionally, global coal pricing and regional geopolitical dynamics could affect import costs. Furthermore, technological advancements in cleaner coal technologies might also influence import demands in upcoming years.
