Forecast: Coking Coal Gross Inland Consumption in Germany

In 2023, Germany's coking coal gross inland consumption stood at an undisclosed level, setting the baseline for forecasts in the coming years. From 2024 to 2028, a notable downward trend is expected with consumption declining from 72.88 to 42.12 Thousand Gigawatthours, reflecting a sharp year-on-year reduction resulting in a compound annual growth rate (CAGR) showcasing a steady contraction in the market.

Future trends to watch for include:

  • Technological advancements in steelmaking that could reduce coking coal dependency.
  • Policy shifts towards sustainability and renewable energy sources affecting coal usage.
  • Global market conditions and economic factors impacting coal imports and prices.

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