The European Iron and Steel Sector sees Ukraine leading the hard coal consumption share at 56.48 thousand metric tons, followed by Germany at 19.27. Notable variations include significant increases in consumption in Ukraine (5.17%) and Poland (6.47%), while Slovakia and the Czech Republic faced notable decreases of 5.0% and 14.24%, respectively. Most countries show minor adjustments with exceptions like Kosovo (61.35% increase) and France (-28.27%).
Future trends to watch:
- An increasing shift towards cleaner energy sources may continue to impact hard coal consumption.
- Potential fluctuations in Eastern European countries due to economic and geopolitical factors.
- Ongoing technological advancements in steel production could influence reliance on hard coal.
Top countries in Iron and Steel Sector Final Consumption of Hard Coal Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 56.48 | 2023 | +2.28% | +5.17% | View data |
| 2 | 2 Germany | 19.27 | 2023 | +7.4% | +0.75% | View data |
| 3 | 3 Slovakia | 6.87 | 2023 | -1.07% | -5% | View data |
| 4 | 4 Norway | 4.87 | 2023 | +1.2% | -0.63% | View data |
| 5 | 5 Romania | 3 | 2023 | +1.19% | -1.25% | View data |
| 6 | 6 Poland | 3 | 2023 | +11.32% | +6.47% | View data |
| 7 | 7 Spain | 1.76 | 2023 | 0% | -1.47% | View data |
| 8 | 8 Bosnia and Herzegovina | 0.71 | 2023 | +24.35% | +6.81% | View data |
| 9 | 9 Serbia | 0.67 | 2023 | +3.99% | +1.09% | View data |
| 10 | 10 Czech Republic | 0.63 | 2023 | -58.8% | -14.24% | View data |