Forecast: Final Consumption of Hard Coal in Spain

The forecasted final consumption of hard coal in Spain shows a consistent decline from 360.0 Thousand Metric Tons in 2024 to 250.0 Thousand Metric Tons in 2028. This represents a year-on-year decline of approximately 7.8% on average from 2024 to 2028. The actual consumption measured in 2023 stands at 388.0 Thousand Metric Tons, indicating a 7.2% decrease from 2023 to 2024. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 demonstrates a negative growth around 9.4%.

Future trends to watch for include the impact of environmental policies, the transition to renewable energy sources, and the development of technologies for cleaner coal usage. Monitoring these factors will be crucial in understanding the continued decline of hard coal consumption in Spain.