In 2023, the UK's coking coal gross inland consumption stood at 13.9 thousand Gigawatthours. From 2024, a declining trend is projected as consumption decreases consistently over the next five years. The year-on-year decrease from 2024 to 2028 shows significant drops: 20.63% from 2024 to 2025, 25.26% from 2025 to 2026, 33.24% from 2026 to 2027, and 48.73% from 2027 to 2028. The compound annual growth rate (CAGR) from 2023 to 2028 indicates an average decline of approximately 27.16% per annum.
Key future trends to monitor include technological advancements in steel production, shifts towards greener energy sources, and government policies on reducing carbon emissions, which may accelerate the decline in coking coal consumption and influence the wider energy market landscape in the UK.
