Forecast: Coal Consumption in Production and Distribution of Water in China

Coal consumption in the production and distribution of water in China has experienced significant fluctuations over the past decade. From 2013 to 2023, there was an overall downward trend with notable year-on-year declines such as -56.86% in 2016. The consumption stood at 18.37 ten thousand metric tons in 2023, a continued decrease from previous years, reflecting a -6.36% year-on-year reduction. The recent five-year period manifesting an average annual decline (CAGR) of -7.42% indicates persistent efforts towards reducing coal dependency. Forecasted data suggests a continuation of this downward trajectory with an anticipated -6.52% CAGR from 2024 to 2028, aiming for a total reduction of -28.6% over these years.

Future trends to watch include the development and implementation of cleaner energy sources, policy changes favoring sustainable water production systems, and advancements in technology aimed at reducing coal usage even further.