In 2023, the value for petroleum coke final consumption in the non-metallic minerals sector in Germany stood above projected values for subsequent years. From 2024 to 2028, the consumption is expected to decrease steadily. The year-on-year percentage reduction indicates a declining trend, with a notable compound annual growth rate (CAGR) decline over the five-year forecast period. This suggests a consistent decrease in consumption rates.
Future trends to watch for:
- Potential shifts towards alternative energy sources due to sustainability goals.
- Regulatory changes impacting the use of petroleum coke.
- Technological advancements in the non-metallic minerals industry that may reduce reliance on petroleum coke.
