The forecasted data for final consumption of coke oven coke in Italy indicates a consistent decline from 2024 to 2028, starting at 461.23 thousand metric tons in 2024 and dropping to 322.64 thousand metric tons by 2028. This translates to a Compound Annual Growth Rate (CAGR) of approximately -8.5% over this period.
Key year-on-year percentage decreases are:
- 2025: -7.6%
- 2026: -8.2%
- 2027: -8.8%
- 2028: -9.6%
In 2023, the consumption stood slightly higher, initiating this downward trend. The market for coke oven coke will likely experience further contractions. Keep an eye on Italy's energy transition policies and industrial fuel shifts, as well as global steel production trends, which could impact domestic demand for coke oven coke significantly. Additionally, technological advancements in metallurgical processes and green energy alternatives may accelerate the decline.
