In 2023, Germany's imports of coke oven coke were approximately 2.29 million metric tons. From the forecasted data for 2024 through 2028, a gradual annual decrease of 0.05 million metric tons is anticipated. The year-on-year decrease from 2023 to 2024 is about 2.18%, with consistent declines projected each subsequent year. Over the five-year period from 2024 to 2028, a Compound Annual Growth Rate (CAGR) of -2.24% is expected, highlighting an ongoing downward trend in coke oven coke imports.
Future trends to watch for include:
- Germany's transition towards greener alternatives influencing further decline in imports.
- Economic factors and potential regulatory changes that could impact coke demand and trade dynamics.
- The effects of global steel production and demand fluctuations, affecting coke consumption patterns.