Between 2013 and 2023, Austria's coking coal imports exhibited fluctuating trends. The imports value in 2023 stood at 1.19 million tonnes of oil equivalent, reflecting a -0.42% reduction from the previous year. Over the last two years, the import value declined by -0.5% in 2022 and -0.42% in 2023. The five-year CAGR from 2018 to 2023 reveals an average annual decline of -0.64%. For future projections, the import value is expected to decrease gradually, reaching 1.16 million tonnes by 2028, with a projected five-year CAGR of -0.32%.
Future trends to watch for:
- Potential shifts in global coking coal markets and prices.
- Changes in Austrian industrial demand driven by economic and environmental policy adjustments.
- Technological advancements in alternative materials or fuel sources.