The finalized consumption of anthracite in the European iron and steel sector reveals that Ukraine remains the dominant consumer with 1.47 million metric tons recorded in 2023, reflecting a growth of 7.31% over the previous year, and maintaining a notable lead over Germany, which showed a moderate growth of 4.23% to 0.81761 million metric tons. Romania and the Czech Republic displayed noticeable increases with 1.95% and 18.98% respectively, while countries like Slovakia and Poland experienced declines of 2.64% and 3.43%. France, despite its lower consumption levels, demonstrated a significant surge of 66.3%.
Key future trends to monitor include the impact of increasing environmental regulations on anthracite consumption, especially in higher consuming countries like Ukraine and Germany. The shift towards alternative energy sources and technological advancements in steel production could also play significant roles, potentially reducing the reliance on anthracite. Additionally, economic factors such as regional demand fluctuations and infrastructure developments should be observed as they might influence consumption patterns across Europe.
Top countries in Iron and Steel Sector Final Consumption of Anthracite by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 1,470 | 2023 | +2.01% | +7.31% | View data |
| 2 | 2 Germany | 817.61 | 2023 | +7.97% | +4.23% | View data |
| 3 | 3 Romania | 133.86 | 2023 | +6.19% | +1.95% | View data |
| 4 | 4 Czech Republic | 129.63 | 2023 | +2.78% | +18.98% | View data |
| 5 | 5 Spain | 77 | 2023 | +6.94% | +1.92% | View data |
| 6 | 6 Slovakia | 56 | 2023 | +7.69% | -2.64% | View data |
| 7 | 7 Poland | 46.7 | 2023 | +8.34% | -3.43% | View data |
| 8 | 8 Serbia | 27.01 | 2023 | +3.99% | +1.09% | View data |
| 9 | 9 France | 14.24 | 2023 | +9.2% | +66.3% | View data |
| 10 | 10 Belgium | 11.6 | 2023 | +2.65% | -2.99% | View data |