In 2023, China's diesel oil consumption in the transport, storage, and post sectors stood at 8.13 million metric tons. The year-on-year variation for this year was a decrease of 5.38%, continuing the declining trend observed over the last two years, with 2022 seeing a 5.15% drop and 2021 a 4.94% drop. Over the past five years, the consumption has experienced an average annual decrease of 6.15% (CAGR), highlighting a steady downward trend.

This declining pattern is forecasted to continue, with the consumption expected to drop to 5.88 million metric tons by 2028. The forecasted five-year CAGR is -5.17%, indicating a projected total reduction of 23.31% from 2024 levels.

Future trends to watch for include:

Technological advancements in transportation leading to more fuel-efficient vehicles.
Government policies encouraging the adoption of alternative energy sources.
Evolving logistics practices reducing overall diesel consumption in transport and storage sectors.