Energy consumption in the manufacture of paper and paper products in China showed fluctuating trends from 2013 to 2023. It stood at 3.93 million tons of standard coal equivalent in 2023. The consumption saw significant declines in 2014 and 2019, with year-on-year variations of -2.67% and -6.22%, respectively. This was followed by minor increases and decreases in subsequent years, stabilizing from 2020 onwards. The Compound Annual Growth Rate (CAGR) over the last five years stood at -0.86%, reflecting a slight overall decline in energy consumption.
Future trends to watch:
- Minimal forecasted growth with a five-year CAGR of 0.02% through 2028.
- Emergence of sustainable practices and energy-efficient technologies potentially impacting future consumption patterns.
- Government policies promoting eco-friendly production methods.