Between 2013 and 2023, Mexico's coal production showed significant fluctuation with a notable decline. Production in 2013 stood at 0.3 Exajoules and reached 0.14 Exajoules by 2023, decreasing by 53.33%. The Compound Annual Growth Rate (CAGR) over the last five years was -13.2%. Recent variations show stabilization with no year-on-year change from 2021 to 2023, following a steep decline of 28.12% in 2021.
Future Trends to Watch For:
- Stagnation in Mexico’s coal production at 0.14 Exajoules from 2024 to 2028, reflecting no significant expected growth or decline.
- Potential shifts in policy or energy strategies impacting coal production and usage.