In 2023, the final consumption of hard coal in Norway stood at 713.94 thousand metric tons. The data for 2024 to 2028 shows a consistent slight increase in consumption year-on-year, with values ranging from 713.96 to 714.05 thousand metric tons. The year-on-year variations indicate a steady but marginal growth around 0.001% annually. Over the last two years, the increase has been minimal, maintaining less than 0.01% each year. Applying the CAGR method indicates a negligible growth rate overall, underscoring a very stable consumption pattern with practically no significant variation.
Future trends to watch for include potential shifts in energy policy, technological advancements in energy production, and increasing environmental regulations which may all impact coal consumption. Monitoring these factors is crucial for anticipating changes in the coal market landscape in Norway.