The non-ferrous metals sector in Germany is forecasted to maintain a stable final consumption of hard coal from 2024 to 2028, hovering slightly below 29 thousand metric tons. This stability indicates a marginal decline from the actual 2023 consumption levels, reflecting a potential reduction in dependency or improved efficiency within the sector. The year-on-year variation remains minimal, indicative of a mature sector unlikely to experience drastic fluctuations. Over the five-year period, the compound annual growth rate (CAGR) suggests negligible change.
Future trends to watch for include:
- Potential shifts towards cleaner energy sources as Germany continues its energy transition efforts.
- Technological advancements in non-ferrous metallurgy that could affect the energy mix used within the industry.
- Changes in environmental regulations that might accelerate the reduction of hard coal consumption.