The forecast for kerosene consumption in the manufacture of general-purpose machinery in China from 2024 to 2028 shows a consistent decline. Starting at 1.45 in 2024, it is expected to gradually decrease each year, reaching 1.32 in 2028. In comparison, the consumption was higher in 2023, implying a downward trend. Year-on-year percentage decreases are noted, with significant reductions over the five-year forecast period, indicating a clear negative CAGR in kerosene consumption.

Future trends to watch:

An accelerating shift towards more energy-efficient machinery.
Government policies aimed at reducing fossil fuel reliance.
Increased adoption of alternative, sustainable energy sources in manufacturing processes.