The forecast for natural gas consumption in the smelting and pressing of ferrous metals in China indicates a steady annual growth from 2024 to 2028. Based on the provided data, in 2023, consumption stood at 196.78 hundred million cubic meters. Year-on-year growth from 2024 to 2028 shows an average increase, reflecting increasing industrial demands and potential shifts towards cleaner energy. The compound annual growth rate (CAGR) over this five-year period suggests a consistent upward trend.

Future trends to watch for:

Increased emphasis on reducing emissions may drive further demand for natural gas as a cleaner alternative.
Technological advancements in energy efficiency could impact consumption rates.
Government policies and economic conditions could alter trends significantly, affecting future forecasts.