In 2023, national railway freight ton-kilometers traffic of petroleum in China was 713.76 hundred million tonne kilometers. From 2024 onwards, a downward trend is forecasted; values decrease annually, with a 2028 forecast of 632.29. Year-on-year, the values represent modest decreases, evidencing a continued decline from previous years - the compound annual growth rate (CAGR) over the five-year period is negative.
Future trends to watch for include:
- Potential shifts in energy production and consumption patterns affecting transportation needs.
- Innovations and efficiencies in railway logistics and alternative transportation technologies.
- Policy changes impacting the railway transportation industry.