The import of anthracite to Saudi Arabia experienced fluctuations over the past years. From 2013 to 2014, there was a significant increase of 64.97%. However, this was followed by substantial declines, with a -43.38% drop in 2015. The year-on-year percentages continued to ebb and flow, with a notable decrease of -14.71% in 2020, followed by a recovery of 23.65% in 2021. By 2023, the value of imports stood at 18.352 million USD, reflecting a modest annual growth of 2.4% over 2022. The compounded annual growth rate (CAGR) over the last five years up to 2023 was 3%. Forecasted data suggests an average annual growth rate of 1.82% from 2024 to 2028, with an overall projected increase of 9.44% by 2028, reaching 20.601 million USD.
Future trends to watch for include potential fluctuations in global coal markets, shifts in Saudi energy policies favoring alternative sources, and technological advancements in anthracite alternatives. These factors may impact the import dynamics of anthracite in Saudi Arabia.
