The forecast for Coke Oven Coke final consumption in the machinery sector in France indicates a significant downward trend from 2024 to 2028. In 2023, the consumption was documented as being higher than the forecasted figures for 2024, which then consistently decline each year. The anticipated decrease from 2024 to 2025 is 16.4%, followed by a 19.1% drop from 2025 to 2026. The decline persists with a substantial 22.9% reduction from 2026 to 2027, and ultimately a 28.9% plummet from 2027 to 2028. Over the five-year span, the Compound Annual Growth Rate (CAGR) indicates an average reduction of 21.3% per year.
Future trends to watch:
- Potential impacts of energy transition policies might further reduce reliance on coke oven coke in machinery.
- Technological advancements in energy efficiency and alternative fuels could accelerate the decline.
- Global economic factors, such as steel demand and production changes, could influence consumption patterns.