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Freight Transport by Sea in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Freight Transport by Sea Market Research Report | Mar 2014

IBISWorld’s Freight Transport by Sea market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$33bn
Annual Growth 09-14
12.2%
Annual Growth 14-19
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Profit
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Employment
251,149
Businesses
715
Industry Analysis & Industry Trends

The Freight Transport by Sea industry in China is mainly engaged in shipping exported items to their destination countries and territories from China. Therefore, industry performance is extremely sensitive to the global economic climate, which determines the demand for Chinese goods.

Over the five years through 2013, industry revenue has been increasing at an annualized rate of 12.2%. In 2014, industry revenue is set to reach $33.1 billion, up 8.9% from 2013. A new round of oil price increases was announced in 2013 by the National Development and Reform Commission (NDRC), which has created a more challenging environment for industry enterprises. In addition, the appreciation of the yuan will limit export growth and industry demand, and subject industry players to exchange losses.... purchase to read more

Industry Report - Industry Analysis Chapter

Compared to by rail or air, transportation by sea is a more economic way to deliver freight to countries worldwide, especially for international large-quantity cargo transportation. Therefore, the industry shoulders a significant responsibility for transporting goods exported from China to their destination countries. However, it also makes the industry vulnerable to global economic fluctuations.

Since China's accession into the World Trade Organization (WTO), the industry has shipped an increasing amount of domestic products to other countries by sea. Before 2009 and the global economic downturn, the Freight Transport by Sea industry was on a remarkable growth trend... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Freight Transport by Sea Industry?

Businesses in the Freight Transport by Sea industry provide cargo transportation services between China and other countries, including leasing ocean-going freighters equipped with operators. This industry only includes businesses that make trans-oceanic journeys using ships of Chinese nationality. Passenger delivery and coastal freight transportation are excluded.

Industry Products
Dry bulk shippingContainer shippingLiquid bulk shippingOther activities
 
Industry Activities
Dry bulk shipping Liquid bulk shippingContainer shippingShip chartering with operators


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