Based on available data, Vietnam's coal exports to India are expected to see a gradual decline from 2024 through 2028. The forecasted values are as follows: $13.809 million in 2024, $13.563 million in 2025, $13.322 million in 2026, $13.086 million in 2027, and $12.855 million in 2028. Noticeably, the value for 2023 was not provided in the given data, which impedes a comparison to understand the trend pre-2024.
Year-on-year variation indicates a consistent decrease, with percentage drops from 1.78% between 2024 and 2025, 1.78% between 2025 and 2026, 1.78% between 2026 and 2027, and 1.77% between 2027 and 2028. Over the last two years, the trend remains downward with a steady rate.
Future trends to watch for include global shifts in energy demand, India’s potential movement towards renewable resources, and Vietnam’s economic policies affecting coal production and export capabilities. These factors could significantly impact the forecasted export values and overall market dynamics.
