Key Market Indicators
China is set to become the leader in pipeline transport volume by 2026. Over the next five years, the Chinese demand for pipeline transport is projected to grow by an average of 2.9% per year. Since 1985, Chinese demand has increased by an average of 7.2% each year. In 2021, China was the third-highest in pipeline transport volume, behind the United States and Kazakhstan. The United States overtook China in 2021, ending the year with 593 million tonne kilometers. Yet, China is expected to reclaim its number one spot by 2026.