Forecast: Calculated Inland Consumption of Coking Coal in the UK

In 2023, the inland consumption of coking coal in the UK stood at 1.8 million metric tons. From 2024 to 2028, forecasts indicate a continuous decline in coking coal consumption, with a steep year-on-year decrease rate of approximately 21-55%. Over the forecast period, the compounded annual growth rate (CAGR) is expected to be -29.2% as the shift towards renewable energy and regulatory pressures mount.

Future trends to watch for include:

  • Advancements in alternative steelmaking technologies reducing coking coal dependency.
  • Government policies encouraging carbon neutrality and their impact on coal usage.
  • Potential economic factors affecting energy resource decisions.

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