The supply of coal gas in Chinese cities in 2023 was approximately 23.60 hundred million cubic meters. The forecast from 2024 to 2028 indicates a consistent decline in supply, with a year-on-year decrease of approximately 4.85% in 2025, 4.06% in 2026, 3.41% in 2027, and 2.83% in 2028. This demonstrates an overall decreasing trend in supply with a compound annual growth rate (CAGR) of around -4.03% over the period from 2024 to 2028.
Future trends to watch for:
- Policy shifts towards renewable energy impacting coal gas demand.
- Technological advancements potentially increasing efficiency in gas production.
- Fluctuations in demand due to urbanization and industrial changes.
