In 2023, Italy's coke oven coke consumption stood at a higher level compared to forecasted values, highlighting a declining trend. From 2024 to 2028, coke consumption is projected to consistently decrease, with values dropping from 13.94 to 11.07 thousand terajoules. This indicates a negative compound annual growth rate (CAGR) over the period. Year-on-year, the percentage declines vary, but all point towards a downward trajectory.
Future trends to watch for include:
- Italy's shift towards more sustainable energy sources which could further reduce coke consumption.
- Technological advancements in steel production could decrease reliance on coke oven coke.
- Potential policy changes targeting carbon emissions could accelerate this declining trend.