The market is dominated by foreign suppliers, as imports account for 93.6% of total market size in 2022. B2B drives market demand, with B2B spending representing 87.2% of total demand in 2022. China has the second largest market size for weapons and ammunition regionally, with demand reaching USD6.3 billion in 2022. China Aerospace Science & Technology Corp is the largest company in China, generating 76.4% of the industry’s total production value in 2022. The industry is concentrated, with the top two companies generating 97.8% of total production value in 2022. The total number of companies decreases in 2022, to 1,084 units. The costs of the industry decrease by 9.2% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 11.0% of production value in 2022, the 11th highest regionally. The industry’s exports share decreases in 2022 to 87.8% of total production output. With production value of USD3.0 billion, China accounts for 16.6% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Weapons and Ammunition in China: ISIC 2927. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Weapons and Ammunition in China: ISIC 2927 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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