The forecast for coking coal available for final consumption in Italy shows a declining trend from 2024 to 2028, starting from 29.66 thousand tonnes of oil equivalent in 2024 to 21.28 by 2028. Evaluating the year-on-year variations, there is a consistent decrease, indicating a diminishing reliance or availability of coking coal.
From 2023, where availability stood at a higher level, the compound annual growth rate (CAGR) illustrates a significant decline over these forecast years. The last two years showed a sharper decrease compared to the initial years, further indicating a persistent downward momentum.
Future trends to watch for include the potential impact of Italy’s energy transition policies and the global movement towards sustainable energy sources which might accelerate the reduction in coking coal consumption. Additionally, any developments in alternative metallurgical processes or economic shifts could influence demand dynamics.