The natural gas consumption in wholesale and retail trades, hotels, and catering services in China indicates a steady upward trend from 2024 to 2028. In 2023, the actual consumption value stood at 66.2 hundred million cubic meters, marking the base for these projections.
Year-on-year variations illustrate a consistent growth trajectory: 1.27% increase in 2025, 1.22% in 2026, 1.17% in 2027, and 1.11% in 2028. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 1.2%.
Future trends to watch for include the impact of policy changes aimed at reducing carbon emissions and increasing energy efficiency. Additionally, shifting consumer behaviors and advancements in energy technologies may influence natural gas consumption patterns in these sectors.
