In 2023, China's average daily coal consumption stood at 1.12 ten million metric tons. The forecast from 2024 through 2028 predicts a stable consumption rate identical to 2023 levels, indicating no year-on-year variation in percentage. Consequently, the compound annual growth rate (CAGR) over the past five years will reflect zero growth.
Future trends to watch include potential policy changes regarding environmental regulations, shifts in energy demand driven by economic growth or transitions to renewable energy, and international pressure affecting coal-related emissions. These factors could disrupt the otherwise stable projections for coal consumption.
