In 2023, the UK imported an estimated 970 thousand metric tons of coke oven coke. Forecasts from 2024 to 2028 indicate a steady increase, with imports rising from approximately 982 thousand metric tons in 2024 to 1,040 thousand metric tons in 2028. Year-on-year growth rates show modest increases, averaging around 1.2% annually. Over this five-year period, the compound annual growth rate (CAGR) is projected to be around 1.45%.
Future trends to watch for include:
- The impact of shifts in UK steel production on coke import demands.
- Changes in global trade policies or economic conditions influencing import levels.
- Technological advancements in alternative energy sources potentially reducing coke consumption.