In 2023, coking coal for final consumption in the UK was at 19.30 thousand tonnes of oil equivalent. Forecasts indicate a declining trend from 2024 onwards, with an annual average contraction of 8.22%. The year-on-year decrease is notable, as 2024 sees a 6.3% drop, decreasing progressively to an 8.06% fall by 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -7.62%, highlighting a consistent reduction over these five years.

Future trends to watch for:

The impact of renewable energy policies on coking coal demand.
Technological advancements that could alter coking coal consumption patterns.
Economic factors and regulations affecting the steel industry, a major user of coking coal.