The forecasted total support on coal for all beneficiaries in China from 2024 to 2028 shows a gradual increase from $2.75 billion in 2024 to $3.32 billion in 2028, with the value in 2023 having been $2.75 billion. Year-on-year growth rates indicate a steady increase of approximately 5% annually, with a compound annual growth rate (CAGR) reflecting sustained growth in coal support over the forecast period.
Future trends to watch for include:
- Transition to cleaner energy sources and their impact on coal support.
- Potential regulatory changes affecting coal subsidies
- Emerging technologies that could influence the coal industry dynamics.
