Household coal consumption in China is forecasted to decline steadily from 2024 to 2028. The consumption in 2024 stands at 5.22 million metric tons and is expected to decrease to 4.2 million metric tons by 2028. For comparison, consumption in 2023 was 5.49 million metric tons. The year-on-year variation indicates a consistent reduction: -5% from 2024 to 2025, -5% from 2025 to 2026, -6% from 2026 to 2027, and -6% from 2027 to 2028. CAGR over the last five years is -6.3%. This continual decline reflects a strategic shift towards cleaner energy sources and policy measures aimed at reducing air pollution.
Future trends to watch for include:
- Government policies promoting renewable energy adoption.
- Technological advancements in energy efficiency.
- Economic factors influencing energy consumption.
- Public awareness and behavior change toward sustainable practices.