Based on the data provided, the final consumption of hard coal in Germany is forecasted to decline progressively from 2024 to 2028. In 2023, the final consumption was 1.69 million metric tons. The year-on-year variations indicate a consistent downward trend:
- 2024: -1.78%
- 2025: -1.81%
- 2026: -1.84%
- 2027: -1.25%
- 2028: -1.27%
The CAGR for the period 2024-2028 is -1.59%, signaling an average annual decrease in hard coal consumption over these years.
Future trends to watch for include potential policy shifts towards renewable energy, developments in energy efficiency technologies, and market reactions to regulatory changes. Germany's commitment to reducing carbon emissions will likely accelerate the decline in hard coal consumption.