Forecast: Hard Coal Domestic Material Consumption in Finland

The forecast for Hard Coal Domestic Material Consumption in Finland shows a clear declining trend from 0.57 metric tons per capita in 2024 to 0.42 metric tons per capita in 2028. This reflects a continued year-on-year decrease of approximately -7% from 2024 to 2025, -8% from 2025 to 2026, -6% from 2026 to 2027, and -9% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be around -7.28%.

Future trends to watch include:

  • Increased adoption of renewable energy sources which could further accelerate the decline in hard coal consumption.
  • Governmental policies and regulations aimed at reducing carbon emissions which could play a significant role in the diminishing use of hard coal.
  • Technological advancements in energy efficiency that reduce reliance on hard coal.

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