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Oil Wholesale in China: Market Research Report

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

Oil Wholesale Market Research Report | Jul 2015

The Oil Wholesale market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$803bn
Annual Growth 10-15
5.3%
Annual Growth 15-20
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Profit
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Employment
521,567
Businesses
1,934
Industry Analysis & Industry Trends

Over the five years to 2015, revenue for the Oil Wholesale industry in China is expected to have grown at an annualized rate of 5.3% to total $802.7 billion. In 2015, industry revenue is anticipated to fall 6.0% due to declining oil prices.

The proportion of imports satisfied by domestic demand has been decreasing, suggesting a descending reliance on foreign oil. Industry imports are estimated to total $35.6 billion in 2015. Moreover, exports are estimated to reach $12.0 billion in 2015, accounting for 1.5% of total industry revenue.

The Commerce department will continue to issue qualification certificates for crude oil and refined oil wholesalers in China.... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Oil Wholesale industry in China is subject to a medium level of concentration with top four enterprises accounting for about 77.5% of industry revenue in 2015. Industry concentration has declined over the past five years, as more enterprises have been allowed to enter the industry.

Oil serves as a national strategic energy and its business performance is under the strict control of the government. Access to crude oil sales and refined oil wholesale operations must be approved by the Commerce department and currently, certificates are extremely limited to several state-owned oil companies.

In 2007, the Commerce department began to open the Oil Wholesale industry to private and foreign capital... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Oil Wholesale Industry?

The Oil Wholesale industry in China is mainly engaged in wholesale and international trade of crude oil and its products, including fuel gas. Business concerning pipeline gas and natural gas is excluded from this industry.

Industry Products
Crude oilGasolineDiesel Fuel oilKerosene
 
Industry Activities
Crude oilRefined oil


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