The market is dominated by domestic suppliers, as imports account for 4.7% of total market size in 2020. B2B drives market demand, with B2B spending representing 100% of total demand in 2020. China has the largest market size for quarrying of stone, sand and clay in the region, with demand reaching USD215 billion in 2020. Yongxiu County Silicon Sand Mine is the largest company in China, generating 0.2% of the industry’s total production value in 2020. The industry is fragmented, with the top one company generating 0.2% of total production value in 2020. The total number of companies decreases in 2020, to 110,935 units. The costs of the industry increase by 1.8% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 18.3% of production value in 2020, the 17th highest in the region. With production value of USD193 billion, China accounts for 80.7% of the Asia Pacific total in 2020.
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This Euromonitor industrial report provides unique information on Quarrying of Stone, Sand and Clay in China: ISIC 14. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Quarrying of Stone, Sand and Clay in China: ISIC 14 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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