The final consumption of sub-bituminous coal in Belgium has seen various fluctuations over the years, standing at 169.8 thousand metric tons in 2023. From 2013 to 2018, there was a general upward trend with notable rises in 2016 (57.12%) and 2018 (26.72%). However, the period witnessed slight downturns such as in 2015 (-15.8%) and 2017 (-8.63%). Between 2019 and 2023, the consumption displayed moderate growth with a consistent increase, peaking in 2022 at a 19.06% rise compared to the previous year. The last recorded CAGRs highlight the variations, with a 5.04% growth rate from 2018 to 2023.
Future trends to watch for:
- The forecast indicates a steady growth in coal consumption, with a five-year CAGR of 2.76%, projecting the value to reach 203.2 thousand metric tons by 2028.
- Economic and environmental policies may significantly impact future coal consumption trends.