Here is the analysis of the forecasted coal exports from Canada to the US based on the given data:
Year | Value (Million USD) | Year-on-Year Variation (%) |
---|---|---|
2024 | 126.27 | N/A |
2025 | 122.57 | -2.93% |
2026 | 118.95 | -2.96% |
2027 | 115.40 | -2.98% |
2028 | 111.91 | -3.02% |
Average annual variation (CAGR) over the last 5 years: -2.97%
The trend of Canadian coal exports to the US indicates a gradual decline over the forecast period. Factors influencing this downturn could include shifts in energy policy, increased competition from renewable resources, and potential trade regulations. Monitoring policy changes in both Canada and the US, as well as market demand for alternative energy sources, will be crucial in understanding future market behavior.