In 2023, diesel oil consumption in the manufacture of metal products in China stood at 17.3 ten thousand metric tons. From 2024 to 2028, a declining trend is forecasted, with consumption dropping from 17.0 to 15.97 ten thousand metric tons. This represents an average annual decrease of approximately 1.56% over the period.
Key variations between each year are as follows:
- 2024 to 2025: A decrease of 2.06%
- 2025 to 2026: A decrease of 1.68%
- 2026 to 2027: A decrease of 1.34%
- 2027 to 2028: A decrease of 1.12%
The predicted decline can be attributed to efficiency improvements and potential shifts towards alternative energy sources within the industry. Future trends to monitor include advancements in energy-efficient technologies, the impact of government regulations on emissions, and the adoption of cleaner energy solutions by manufacturers.