Forecast: Volume of Petroleum, Natural Gas and Their Products Handled in Main Coastal Ports in China

In 2023, the volume of petroleum, natural gas, and their products handled in China's main coastal ports stood at approximately 129 million metric tons. From 2024 to 2028, a steady increase is forecasted, rising from 134.64 million metric tons to 157.32 million metric tons. Year-on-year growth shows consistent improvements, reflecting a stable upward trajectory. The compound annual growth rate (CAGR) over the five-year forecast period suggests an average annual increase of roughly 4%.

Future trends to watch include:

  • Technological advancements in logistics and port management enhancing capacity and efficiency.
  • Environmental policies impacting fossil fuel usage and imports.
  • Shifts in global energy demand and geopolitical influences affecting import patterns.
  • Investments in renewable energy potentially altering the composition of energy imports.

Top Countries about Natural Gas