The forecasted usage of Coke Oven Coke in France's industry sector from 2024 to 2028 shows a consistent decline, with consumption expected to drop from 166.85 thousand metric tons in 2024 to 123.32 thousand metric tons by 2028. This represents a year-on-year decrease of approximately 6.6% each year. The overall compound annual growth rate (CAGR) of -6.6% indicates a continued downward trend in final consumption over the five-year period. In comparison, the actual consumption in 2023 was higher than 2024’s predicted level, though specific figures for 2023 aren't provided.
Future trends to watch for include:
- Potential shifts in energy policy that could further decrease reliance on coke.
- Technological advancements in steel production that reduce the need for coke.
- Rising adoption of renewable energy sources that might inversely impact coke demand.