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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

IBISWorld’s Oil Wholesale market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Investment Chapter

The Oil Wholesale industry is subject to a high level of investment. For every dollar spent on labor, $1.43 are spent on capital within the industry.

Depreciation represents merely 1.0% of industry revenue in 2015. The Oil Wholesale industry does not need large manufacturing or service facilities for operation. The depreciation here caters mostly to the maintenance and replacement of oil distribution facilities as well as oil depots.

The labor cost of this industry is $5.4 billion, with employment of over 521,567 in 2015. Most employees are in sales and distribution, so average wages are relatively low... 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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