From 2013 to 2023, Finland's coking coal imports have fluctuated significantly. Initially, there was an uptick, with peak values in 2014 and 2018. However, a marked decline was seen between 2014 and 2017, followed by further dips in 2019 and 2020. The recent years (2022 and 2023) saw a modest recovery, though the compound annual growth rates (CAGR) suggest overall long-term stability (-1.94% in the last 5 years). The 2023 value stood at 865.36 Thousand Tonnes Of Oil Equivalent.
Looking ahead, forecasts indicate a slight decrease, with the expected volume in 2028 at 864.35 Thousand Tonnes Of Oil Equivalent. The forecasted CAGR over the next five years is -0.02%, showing minimal change.
Future trends to watch for include global market influences on coking coal pricing, shifts in Finland's industrial demands, and potential moves towards sustainable energy sources that could impact coking coal import reliance.
