In 2023, the coal consumption in China's farming, forestry, animal husbandry, fishery, and water conservancy sectors stood at approximately 2.42 ten million metric tons. The forecasted data indicates a consistent annual growth rate, with coal consumption expected to rise from 2.48 in 2024 to 2.69 ten million metric tons by 2028. The year-on-year growth ranges from 2.4% to 1.9%, reflecting stable increases in reliance on coal within these sectors. The compound annual growth rate (CAGR) over this forecast period is about 2.1%.
Future trends to watch for:
- Government policies on renewable energy adoption, which could impact coal consumption rates.
- Technological advancements in these sectors impacting efficiency and fuel usage.
- Global economic factors affecting China's agricultural and water resources sectors, influencing coal demand.
