The coal consumption in China's agriculture, forestry, animal husbandry, fishery, and water conservancy sectors is forecasted to steadily rise from 2.52 ten million metric tons in 2024 to 2.77 by 2028. In 2023, it stood at 2.46 ten million metric tons. The year-on-year growth shows a consistent upward trend, with a CAGR of approximately 2.7% projected over the next five years, indicating ongoing reliance on coal in these sectors.
Future Trends to Watch:
- Potential shifts in policy towards renewable energy could impact coal dependency.
- Implementation of technology and innovation in these sectors may alter energy consumption dynamics.
- Review of China's environmental and economic strategies might affect the forecasted growth.
