In 2023, electricity consumption in timber processing and related industries in China stood at 297.2 hundred million kilowatthours. Forecasted data indicates a steady growth from 2024 to 2028, with consumption increasing by approximately 0.74% each year, reaching 305.68 hundred million kilowatthours in 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is estimated at 0.53%, signifying a modest upward trend.
Future trends to watch for include technological advancements that improve energy efficiency, policy changes in emerging markets, and potential disruptions in global supply chains affecting the manufacturing of wood and related products.
