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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 | May 2016

IBISWorld’s Freight Transport by Sea market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$36bn
Annual Growth 11-16
4.8%
Annual Growth 16-21
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Profit
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Employment
260,051
Businesses
741
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 as it determines demand for Chinese goods.

Over the five years through 2016, industry revenue has been increasing at an annualized rate of 4.8%. In 2016, industry revenue is expected to increase to $35.6 billion, up 2.5% from 2015. Slowing global trade volume growth has created a large challenge for the development of the industry.

Over the five years through 2021, ACMR-IBISWorld projects that revenue will grow at the slower rate of of 2.7%.... purchase to read more

Industry Report - Industry Products Chapter

Dry bulk shipping

Dry bulk shipping is the largest contributor to industry revenue, representing an estimated 54.0% in 2015. International freight transportation by sea is estimated at 710.1 million tons over the year, 50.0% of which is from dry bulk shipping.

This segment is characterized by large loading capacity and relatively low prices compared to container shipping. Coal, grain, and iron ore are the most frequently transported dry bulk goods.

Container shipping

The industry's container shipping segment has been developing rapidly over the past decade due to strong growth in international trade in China. It represents about 28.5% of industry revenue in 2015... 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 the leasing of ocean-going freighters equipped with operators. This industry only includes businesses that make trans-oceanic journeys using ships made in China. 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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