As of 2023, Italy's coking coal gross inland consumption was positioned at 1.44 million tonnes of oil equivalent. Forecasts indicate a steady decline, with consumption predicted to decrease to 1.35 in 2024 and further down to 1.0 by 2028.
The year-on-year percentage variations from 2024 to 2028 highlight a consistent decrease, with reductions of approximately 6.67%, 7.14%, 6.84%, and 8.26% annually. The compound annual growth rate (CAGR) over this forecasted period reflects an average yearly decrease of approximately 8.29%.
Future trends to watch for include technological advancements in energy efficiency, shifts in Italy's energy policy toward renewable sources, and changes in steel production levels, which could further influence the demand for coking coal. Additionally, global market volatility and regulatory changes could impact these forecasts.
