The non-metallic minerals sector's final consumption of hard coal in France is on a declining trajectory from 2024 to 2028. The consumption is forecasted to decrease year-on-year by a steady margin each year: 2.76% from 2024 to 2025, 2.76% from 2025 to 2026, 2.76% from 2026 to 2027, and another 2.76% from 2027 to 2028. Over a five-year span from 2024 to 2028, the compound annual growth rate (CAGR) suggests an average annual reduction of approximately 2.76% in consumption, indicating a consistent shift away from hard coal consumption in this sector.
Future trends to watch for include:
- Further advancements in alternative technologies that could accelerate the decline in hard coal usage.
- Regulatory changes aiming for carbon reduction which may impact coal consumption rates.
- Shifts in economic conditions affecting the industrial demand for minerals, subsequently impacting energy consumption patterns.