Forecast: Calculated Inland Consumption of Coking Coal in Germany

In 2023, Germany's inland consumption of coking coal stood at a calculated 10.2 million metric tons. The forecast from 2024 to 2028 suggests a consistent decline, from 9.4 million metric tons in 2024 to 6.37 million metric tons in 2028. This indicates a year-on-year decrease, with a notable contraction in demand. Calculating the Compound Annual Growth Rate (CAGR) from 2024 to 2028 reflects an average annual decrease.

Future trends to watch for:

  • Potential shifts in Germany's energy policy and industrial strategies that may further impact coal consumption.
  • Technological advancements in steelmaking that may reduce reliance on coking coal.
  • Increasing regulatory pressures towards sustainable energy sources.
  • Possible changes in the global coking coal market influencing prices and availability.

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