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