The final consumption of petroleum coke in the UK industry is forecasted to rise steadily from 2024 to 2028, reaching 186.35 thousand tonnes of oil equivalent by 2028. This trend shows a consistent increase with an average Compound Annual Growth Rate (CAGR) of around 0.9% from 2024 to 2028. Comparatively, there is no available data on the consumption for the year 2023, which could provide more context to these forecasts. Tracking the percentage variation year-on-year gives insights into the stability and gradual growth of consumption.
Future trends to watch for include potential policy changes geared towards greener energy sources and their impact on the industrial consumption of petroleum coke, as well as technological advancements that might affect energy efficiency in the industry.
