Between 2013 and 2023, the final consumption of hard coal in the UK construction sector saw a significant decline followed by relative stabilization. The highest consumption was noted in 2014 with a rise of 16.67% YoY. From 2015 onwards, consumption decreased sharply, ending with a small trend stabilizing around 5 thousand metric tons since 2017, with only a minor drop in 2020 before returning back to 5 thousand metric tons in 2021.
In 2024, the consumption dipped slightly to 4.94 thousand metric tons, with forecasts projecting a continuous yet gradual decline with a CAGR of -0.66% over the next five years through 2028. The projected final consumption in 2028 stands at 4.78 thousand metric tons, indicating a slow decrease in consumption rate.
Future Trends to Watch For:
- Increased adoption of renewable energy sources in the construction sector.
- Government regulations and policies towards reducing coal usage.
- Technological advancements promoting energy efficiency and alternative materials.