The data on the availability of coking coal for final consumption in the Netherlands shows significant fluctuations over the years. In 2023, the volume stood at 124.17 Gigawatthours. The year-on-year variation for 2023 was 2.45%, reflecting modest growth. Over the last five years, the Compound Annual Growth Rate (CAGR) indicates an average annual decrease of 10.51%. Despite a peak in 2018, subsequent years exhibited sharp declines and mild recoveries.
Looking ahead to the forecasted data from 2024, the year-on-year variations suggest a steady, albeit slow, upward trend with annual increases ranging from 2% to 3%. The forecasted CAGR over the next five years stands at 1.77%, projecting a modest growth rate of 9.18% by 2028.
Future trends to watch for:
- Market adjustments in response to shifts in global coking coal demand and supply.
- Impact of policy changes targeting transitions to greener energy sources.
- Technological advancements that may alter coking coal consumption patterns in industries.