B2B drives market demand, with B2B spending representing 80.9% of total demand in 2022. China Petrochemical Corp is the largest company in China, generating 33.8% of the industry’s total turnover value in 2022. The industry is concentrated, with the top five companies generating 86.3% of total production value in 2022. The total number of companies decreases in 2022, to 2,126,687 units. The costs of the industry increase by 1% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 19.6% of turnover in 2022, the 14th highest regionally. With turnover of USD342 billion, China accounts for 44.4% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in China: ISIC 50. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sale, Maintenance and Repair of Motor Vehicles, Retail Sale of Automotive Fuel in China: ISIC 50 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of retail, sale, maintenance and repair of motor vehicles, retail sale of automotive fuel, and wholesale trade.
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