Sweden's hard coal trade balance is projected to decline gradually from 0.25 metric tons per capita in 2024 to 0.23 metric tons per capita by 2028. In comparison, the value stood at 0.26 metric tons per capita in 2023, showing a slight decrease over the period. Year-on-year variations reveal a consistent annual decline of approximately 4% between 2023 and 2028, with a Compound Annual Growth Rate (CAGR) depicting an average yearly decrease of 1.6% over the five-year period.
Future trends to watch for include continued efforts towards energy sustainability and a gradual shift to renewable energy sources, which may further reduce Sweden’s reliance on hard coal, aligning with the country's environmental targets and policies. Additionally, global market dynamics and geopolitical factors influencing coal supply and prices should be monitored closely.