Forecast: Average Daily Gasoline Consumption in China

The average daily gasoline consumption in China shows a decreasing trend from 2024 to 2028, with a slight annual decline each year. Specifically, consumption is projected to fall from 35.07 million metric tons in 2024 to 34.27 million metric tons by 2028. This trend indicates a continuous decline in usage, with a slight yearly percentage decrease. In 2023, the consumption was marked at 35.29 million metric tons, highlighting a negative shift year-on-year.

Future trends to watch for:

  • Increasing adoption of electric vehicles potentially reducing gasoline demand.
  • Government policies promoting renewable energy and efficiency improvements.
  • Potential shifts in consumer behavior and preferences towards sustainable transportation.

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