The electricity consumption in the manufacture of paper and paper products in China is forecasted to grow from 864.87 hundred million kilowatt-hours in 2024 to 947.55 hundred million kilowatt-hours by 2028. When reviewing trends from the past year, the consumption stood at "X" in 2023, representing a continued growth trend.
Year-on-year analysis indicates a steady increase: 2024-2025 (2.4%), 2025-2026 (2.4%), 2026-2027 (2.3%), and 2027-2028 (2.2%). The five-year compound annual growth rate (CAGR) stands at approximately 2.3%.
Future trends to monitor include:
- Technological advancements improving energy efficiency.
- Shifts in global and domestic demand for paper products.
- China's energy policy and its impact on industrial consumption.
