Forecast: Average per Capita Liquefied Petroleum Consumption of Households in China

The forecasted data for average per capita liquefied petroleum consumption in China from 2024 to 2028 shows a gradual decline, starting from 19.8 kg and decreasing slightly each year to 19.59 kg by 2028. The year-on-year decline between 2024 and 2025 is approximately 0.35%, while between 2025 and 2026, it declines by around 0.3%. Between 2026 and 2027 and between 2027 and 2028, the consumption trends downward further by roughly 0.2% each year. The Compound Annual Growth Rate (CAGR) over the five-year period is a slight negative value, indicating a consistent, albeit modest, decrease in consumption.

Future trends to watch include:

  • Government policies encouraging alternative energy sources, which might accelerate the decline in liquefied petroleum consumption.
  • Technological advancements in energy efficiency that could further decrease household reliance on traditional fuels such as liquefied petroleum.
  • Changes in household sizes and cooking habits impacting overall energy consumption patterns.

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