In 2023, coal consumption in China's manufacture of communication equipment, computers, and other electronic equipment was at 451.5 ten thousand metric tons. The forecast from 2024 to 2028 indicates a steady year-on-year increase, with consumption expected to grow from 463.23 ten thousand metric tons in 2024 to 514.01 ten thousand metric tons by 2028. This represents a compound annual growth rate (CAGR) of approximately 2.6%. This consistent rise reflects ongoing industrial demand and possibly enhanced reliance on coal in the sector despite global trends toward renewable energy.
Future trends to watch for include potential policy shifts in China's energy strategy aiming at carbon neutrality that might impact coal usage. Additionally, advancements in energy-efficient technologies and alternative energy sources could further influence coal consumption in this industry.
