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Oil Wholesale in China Industry Data and Analysis
Revenue for the Oil Wholesale industry in China is expected to increase at an annualized 15.4% over the five years through 2025, to $1.2 trillion. Industry revenue is anticipated to rise by 7.1% in the current year due to increasing international oil prices. Imports have satisfied an increasing proportion of domestic demand over the past five years, indicating increasing reliance on foreign oil. Industry imports are estimated to total $52.9 billion in 2025. Profit was estimated 3.3% of total revenue.
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What's included in this industry analysis
IBISWorld's research coverage on the Oil Wholesale industry in China includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released April 2025.
About this industry
What's this industry report about?
The Oil Wholesale industry in China operates under the industry code 6362. Operators in the Oil Wholesale industry in China are mainly engaged in wholesale and international trade of crude oil and its products, including fuel gas. Pipeline gas and natural gas operations are excluded from the industry. Related terms covered in the Oil Wholesale industry in China include terminal, diesel and kerosene.
What's included in this industry?
Products and services covered in Oil Wholesale industry in China include Crude oil, Gasoline and Diesel .
What companies are included in this industry?
Companies covered in the Oil Wholesale industry in China include China National Petroleum Corporation , China Petrochemical Corporation and China National Offshore Oil Corporation.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Oil Wholesale industry in China.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Oil Wholesale industry in China.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Oil Wholesale industry in China.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Oil Wholesale industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Oil Wholesale industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Oil Wholesale industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Oil Wholesale industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Oil Wholesale industry in China.
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Frequently Asked Questions
What is the market size of the Oil Wholesale industry in China in 2026?
The market size of the Oil Wholesale industry in China is $1.2tr in 2026.
How many businesses are there in the Oil Wholesale industry in China in 2025?
There are 2,118 businesses in the Oil Wholesale industry in China, which has grown at a CAGR of 0.6 % between 2020 and 2025.
How may import tariffs affect the Oil Wholesale industry in China?
The Oil Wholesale industry in China is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Oil Wholesale industry in China?
The Oil Wholesale industry in China is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Oil Wholesale industry in China grown or declined over the past 5 years?
The market size of the Oil Wholesale industry in China has been growing at a CAGR of 15.4 % between 2020 and 2025.
What is the forecast growth of the Oil Wholesale industry in China over the next 5 years?
Over the next five years, the Oil Wholesale industry in China is expected to grow.
What are the biggest companies in the Oil Wholesale industry in China?
The biggest companies operating in the Oil Wholesale industry in China are China National Petroleum Corporation , China Petrochemical Corporation and China National Offshore Oil Corporation
What does the Oil Wholesale industry in China include?
Crude oil and Gasoline are part of the Oil Wholesale industry in China.
Which companies have the highest market share in the Oil Wholesale industry in China?
The company holding the most market share in the Oil Wholesale industry in China is China National Petroleum Corporation .
How competitive is the Oil Wholesale industry in China?
The level of competition is moderate and increasing in the Oil Wholesale industry in China.
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