The forecasted diesel oil consumption in China's wholesale, retail trade, and hotel industry shows a declining trend from 2024 to 2028, starting at 169.51 in 2024 and decreasing to 153.64 by 2028. The annual percentage decrease from 2024 to 2025 is approximately 2.8%, and the decline continues at similar rates, with a compound annual growth rate (CAGR) of roughly -2.5% across the forecast period. In 2023, the consumption was higher than in subsequent forecasted years, reflecting an ongoing downward trend in diesel use within these sectors.
Future trends to watch for include advancements in energy efficiency, shifts towards renewable energy sources in industrial sectors, and policy changes influencing fuel consumption patterns. Monitoring these factors will be crucial for understanding continued consumption declines or potential reversals driven by economic or technological developments.
