The market is dominated by domestic suppliers, as imports account for 46.6% of total market size in 2022. B2B drives market demand, with B2B spending representing 99.5% of total demand in 2022. China has the largest market size for mining of metal ores regionally, with demand reaching USD425 billion in 2022. Zijin Mining Group Co Ltd is the largest company in China, generating 6.3% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 19.9% of total production value in 2022. The total number of companies increases in 2022, to 22,143 units. The costs of the industry decrease by 5.5% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 13.8% of production value in 2022, the 19th highest regionally. The industry’s exports share decreases in 2022 to 1.8% of total production output. With production value of USD219 billion, China accounts for 72.2% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Mining of Metal Ores in China: ISIC 13. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mining of Metal Ores in China: ISIC 13 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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