Over the past decade, Finland's coking coal energy supply has experienced fluctuations, with an initial upward trend reaching a peak in 2014 at 915.36 thousand tonnes of oil equivalent. Since then, the supply has generally declined with some intermittent recovery periods. On average, the supply saw a -2.25% CAGR from 2018 to 2023, standing at 794.58 thousand tonnes in 2023.
The projected forecast from 2024 to 2028 shows a slight decline with an estimated CAGR of -0.29%. It indicates a continuous but moderate decrease in coking coal energy supply, reaching 780.03 thousand tonnes by 2028.
Future Trends to Watch For:
- Transition to cleaner energy: Potential policy changes and investments in renewable energy may further reduce reliance on coking coal.
- Global market dynamics: International demand and price volatility could impact future supply and consumption patterns in Finland.
- Technological advancements: Improvements in energy efficiency and alternative technologies may accelerate the decline in coal dependency.
