Forecasted coal exports from Chile to Spain show a steady year-on-year increase from 2024 to 2028, starting at 8.95 million USD in 2024 and reaching 9.95 million USD by 2028. The year-on-year growth rate is approximately 2.9% for each year during this period. It's important to note that the value stood at 8.70 million USD in 2023.
Key variations observed over the last two years and the future years are as follows:
- 2024: 2.8% increase from 2023
- 2025: 2.9% increase from 2024
- 2026: 2.8% increase from 2025
- 2027: 2.6% increase from 2026
- 2028: 2.5% increase from 2027
The Compound Annual Growth Rate (CAGR) over the last 5 years indicates an average annual growth rate of around 2.7%.
Future trends to watch for include potential changes in the global energy market, particularly a shift towards renewable energy sources, which could impact coal demand. Additionally, geopolitical factors and trade policies could influence the export dynamics between Chile and Spain.
