Forecast: Gas Consumption in China

The gas consumption in China is forecasted to steadily increase from 2024 to 2028, starting at 14.98 Exajoules in 2024 and reaching 17.84 Exajoules by 2028. Compared to the actual data from 2023, this growth shows a significant upward trend.

Year-on-year variations indicate a gradual increase: 4.8% in 2025, 4.6% in 2026, 4.3% in 2027, and 4.1% in 2028. Over a five-year period, the compound annual growth rate (CAGR) averages around 4.5%.

Future trends to watch for include:

  • Government policies on energy consumption and their impacts on natural gas demand.
  • The role of renewable energy sources and how they might alter the consumption patterns of traditional gas.
  • Technological advancements in energy efficiency and their potential effect on reducing gas usage.

Top Countries about Natural Gas