The observed energy consumption in the recycling and disposal of waste in China has been on a significant upward trajectory from 2013 to 2023, starting at 169.0 (in ten thousand tons of standard coal equivalent) and reaching 991.24 in 2023. The period saw varying year-on-year growth rates, with notable spikes in 2018 (76.13%) and 2019 (62.4%), while maintaining a steady acceleration in recent years. Last year witnessed an 11.37% rise, with a 5-year CAGR of 20.45%, underlining robust growth. Looking forward, the forecast data from 2024 onwards predicts continued incremental increases, with energy consumption expected to hit 1490.0 by 2028.
Trends to watch for:
- Technological advancements in recycling processes which could potentially reduce energy consumption per unit.
- Government policies aimed at sustainability and energy efficiency which might either curb growth rates or drive further increases in efficiency.
- Potential fluctuations in the waste generation rates which will directly influence the energy consumption trends.
