The forecast for natural gas consumption within China's agriculture-related sectors shows a steady increase from 2024 to 2028. Starting from a value of 1.61 hundred million cubic meters in 2024, it is expected to reach 1.84 by 2028, marking an annual compounded growth rate (CAGR) of approximately 3.4% from 2023 to 2028. Year-on-year growth rates are consistent, indicating a positive trend of roughly 3.7% each year from 2024 onwards. In 2023, the baseline stood at 1.56, showing robust sectoral expansion.
Future trends to watch for include potential impacts of policy changes promoting cleaner energy use, technological advancements in energy efficiency, and fluctuations in global natural gas prices that could alter consumption patterns in the agricultural sectors.
