In 2023, the consumption of diesel oil in the mining and processing of non-metal ores in China was approximately 54.27 ten thousand metric tons. Forecasts for 2024 to 2028 indicate a slight annual increase, reaching 54.55 ten thousand metric tons by 2028. This represents a gradual year-on-year increase of around 0.2%, with a compound annual growth rate (CAGR) over the five years of approximately 0.11%.
Future trends to watch for include:
- Technological advancements in mining that may reduce diesel dependence.
- Stricter Chinese environmental regulations potentially impacting diesel use.
- Efforts towards cleaner energy alternatives and electrification in mining operations.