Forecast: Coal Consumption in Manufacture of Foods in China

Based on the provided data, the forecast for coal consumption in the manufacture of foods in China shows a steady increase from 1.88 ten million metric tons in 2024 to 2.11 ten million metric tons in 2028. Compared to 2023, the actual value was 1.82 ten million metric tons, indicating a consistent upward trend.

Year-on-year variations from 2024 to 2028 show incremental increases:

  • 2024: +3.3%
  • 2025: +3.2%
  • 2026: +3.1%
  • 2027: +3.0%
  • 2028: +2.4%
The compounded annual growth rate (CAGR) over the 5-year period from 2024 to 2028 is approximately 2.95%.

Future trends to watch for in this sector include advancements in energy efficiency technologies, policies promoting renewable energy sources, and potential regulatory changes on emissions. These factors could significantly impact coal consumption in the food manufacturing industry in China in the coming years.

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