The coke consumption in construction in China was 8.71 ten thousand metric tons in 2023. Forecasted data indicates a consistent decline over the next five years from 8.43 in 2024 to 7.35 in 2028. Year-on-year variation shows a steady decrease, with the largest drop of approximately 3.28% anticipated from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 reflects an average yearly decline in coke consumption of 3.38%.
Future trends to watch for:
- Impact of China's environmental policies aiming to reduce carbon emissions, which may further influence coke demand.
- Technological advancements in alternative construction materials that could replace or reduce coke usage.
- Changes in the real estate and infrastructure sectors, as economic shifts may affect metal production and thereby coke consumption.