The forecasted liquefied petroleum gas (LPG) consumption in China's agriculture, forestry, animal husbandry, fishery, and water conservancy sectors shows a modest increase from 2024 to 2028. From 2024 to 2025, the predicted increase is 1.23%, followed by a 1.10% rise from 2025 to 2026, and another growth of 0.96% from 2026 to 2027. The growth rate slightly decelerates to 0.83% from 2027 to 2028. This gradual increase reflects a compound annual growth rate (CAGR) of approximately 0.93% throughout the forecasted period.
Future trends to watch for include potential shifts in policy affecting energy sources in agriculture, fluctuating economic factors influencing energy prices, and the impact of technological advancements in sustainable energy practices which might alter the demand for LPG in these sectors.
