The forecasted data indicates a declining trend in kerosene consumption in households in China from 2024 to 2028. In 2023, the consumption stood at 22.34 Ten Thousand Metric Tons. Year-on-year variations show a gradual reduction:
- 2024 to 2025: -1.61%
- 2025 to 2026: -1.32%
- 2026 to 2027: -1.11%
- 2027 to 2028: -0.84%
The Compound Annual Growth Rate (CAGR) over this period is approximately -1.22%, indicating an average yearly decline. Future trends to watch include potential shifts towards cleaner energy alternatives and government policies promoting energy efficiency, which could further reduce kerosene demand in households.
