Forecast: Non-Ferrous Metals Sector Final Consumption of Hard Coal in Germany

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.

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