From 2013 to 2022, natural gas consumption has shown significant fluctuation. Highlighted by a sharp increase in 2020 by 354.51% followed by a decrease of 56.35% in 2021. Recent data and forecasts suggest a steady rise, with a CAGR of 2.53% and a forecasted growth rate of 13.32% by 2028. Growth rates in the last two years (2022: 3.79%, 2023: 3.63%) indicate a more stabilized phase.
Watch for environmental policy impacts and technological advancements in gas distribution, which could significantly influence future consumption patterns. Sustainable energy initiatives and China's economic adjustments will also play critical roles in shaping trends.
