In 2023, the kerosene consumption in China's agriculture, forestry, animal husbandry, fishery, and water conservancy sectors was at 13.8 thousand metric tons. Looking forward from 2024 to 2028, consumption is expected to rise from 14.2 to 15.52 thousand metric tons. The forecasted year-on-year increases are relatively moderate, ranging between 2.84% and 1.51% for this period. Observing a longer-term trend from 2023 to 2028, the compound annual growth rate (CAGR) is approximately 2.33%, indicating steady yet modest growth in kerosene consumption.
Future trends to watch for include technological advancements that may lead to more efficient energy usage in these sectors, potential policy shifts encouraging alternative energy sources, and any economic developments that could impact funding or activity levels in agriculture and related areas.
