In 2023, the fuel oil consumption in the wholesale, retail trade, and hotel, restaurants sectors in China stood at an unspecified level just before the forecast begins. The forecast data from 2024 to 2028 shows a stable pattern in consumption, with minimal yearly increments. The compound annual growth rate (CAGR) over this period is expected to be tiny, indicating stagnation in demand. Increases from 2024 to 2028 are minor, each year adding an additional 0.01 ten thousand metric tons until 2026, then flattening out through 2028.

Future trends to watch for:

Potential shifts in energy sources driven by environmental policies could alter fuel oil consumption.
Technological advancements in efficiency might reduce dependency on fuel oil in these sectors.
Economic changes and consumer behavior post-pandemic can impact energy needs and consumption patterns.