In the period from 2013 to 2023, the coking coal energy supply in Sweden fluctuated significantly, with a peak in 2015 at 1.14 Million Tonnes Of Oil Equivalent (MTOE). As of 2023, the supply stood at 0.93651 MTOE, marking a year-on-year decrease of 1.85%. Notably, the compound annual growth rate (CAGR) over the last five years was -2.4%, reflecting a consistent decline. Observing recent trends between 2022 and 2023, a year-on-year shrinkage continued, highlighting ongoing supply challenges.
Looking forward, the forecast predicts a continuing downward trend, with a five-year CAGR of -1.53% and an overall reduction of 7.42% by 2028. Several factors can contribute to this decline:
• Increasing focus on alternative energy sources.
• Environmental regulations limiting coal energy production.
• Economic factors influencing the energy market dynamics.
Future trends to watch for include the pace of transition to renewable energy, potential technological advancements in coking coal production, and policy changes affecting the energy sector in Sweden.
