Oil Wholesale in China - Industry Market Research Report

Oil Wholesale in China - Industry Market Research Report

Oil Wholesale in China

Revenue for the Oil Wholesale industry in China is expected to increase at an annualized 9.5% over the five years through 2023, to $1.1 trillion. Industry revenue is anticipated to rise by 14.7% in the current year due to increasing international oil prices. Imports have satisfied an increasing proportion of domestic demand over the past five years, indicating increasing reliance on foreign oil. Industry imports are estimated to total $45.2 billion in 2023. Profit was estimated 3.2% of total revenue.

Operators in the Oil Wholesale industry in China are mainly engaged in wholesale and international trade of crude oil and its products, including fuel gas. Pipeline gas and natural gas operations are excluded from the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.