Over the past decade, exports of hard coal in Germany have experienced significant fluctuations. Between 2013 and 2018, there was a notable decline in exports, with reductions in volumes each year except for 2016. A sharp increase occurred in 2019, followed by continuous growth through 2023. In 2023, Germany exported 969.35 thousand metric tons of hard coal. Year-on-year growth rates for 2022 and 2023 were 4.39% and 1.08% respectively, with a substantial five-year CAGR of 36.84% from 2018 to 2023.
Looking ahead, forecast data suggests a moderate increase, with the five-year CAGR for 2024 to 2028 expected to be a modest 0.47%, indicating an overall growth rate of 2.37% by 2028. Future trends to watch for include the impact of global energy policies, shifts towards renewable energy sources, and economic factors influencing international coal demand.
