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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 | Jun 2013

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
$992bn
Annual Growth 08-13
15.8%
Annual Growth 13-18
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Profit
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Employment
502,202
Businesses
1,872
Industry Analysis & Industry Trends

Revenue for the Oil Wholesale industry in China is estimated to total $991.6 billion in 2013, up 14.4% from 2012. Over the past five years, industry revenue has been growing at an annualized rate of 15.8%.

China has become one of world's leading oil importers, especially for crude oil, which accounted for over 70.0% of total oil imports in 2012. Imports of the industry are estimated at $38.1 billion in 2013, up 15.6% from 2012. The proportion of imports satisfied by domestic demand has been increasing slowly, suggesting an ascending reliance on foreign oil. With a share of about 1.4% of total revenue, exports are estimated at $13.5 billion in 2013, up 21.5% from 2012.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

Value-added of the Oil Wholesale industry is expected to increase at an annualized rate of 12.6% over the decade from 2008. The growth is higher than that of China's GDP over the same period (8.0%), suggesting that the industry is in a growth stage.

The number of enterprises is forecast to grow 2.1% annually over the next five years as the Chinese government loosens certificate limitations.

The government continues to support this industry with preferable policies. For instance, to lift cost burdens from crude oil imports, the government has substantially cut import tariffs of gasoline, diesel, fuel oil and aviation kerosene... 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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