In 2023, the consumption of hard coal in the UK's paper, pulp, and printing sector stood at 75.01 thousand metric tons. The forecast from 2024 to 2028 indicates a steady decline in hard coal consumption: 68.73 in 2024, 62.82 in 2025, 57.02 in 2026, 51.34 in 2027, and 45.77 in 2028. The year-on-year variations highlight a consistent decrease as follows:
- 2024: -8.36%
- 2025: -8.13%
- 2026: -9.24%
- 2027: -9.97%
- 2028: -10.86%
The compound annual growth rate (CAGR) over this period is approximately -10%. This trend indicates a significant move away from hard coal usage in favor of more sustainable or alternative energy sources.
Future trends to watch for include the impact of stricter environmental regulations and technological advancements in energy efficiency. The sector may increasingly adopt renewable energy sources, which could further accelerate the decline in hard coal consumption.
