$116.2bn
$X.Xbn
347k
590
$X.Xbn
The Coke Smelting industry in China has experienced difficult operating conditions over the past five years. This result has been due to changing demands from downstream industries, increasing level of environmental protection requirements and fluctuation in the prices of industry products. Industry revenue is expected to increase at an annualized 5.0% over the five years through 2022, to total $116.2 billion. This trend includes an anticipated revenue increase of 6.4% in the current year. In the first half of 2022, affected by Russia Ukraine conflict, the Spring Festival, the Winter Olympics, production restrictions in autumn and winter and the COVID-19, the supply of coking coal was tight. Price of the coking smelting products continued to increase.
Industry revenue has grown at a CAGR of 5.0% over the past five years, to reach an estimated $116.2bn in 2023.
Company
2022 | Market Share (%)
2022 | Revenue ($m)
2022 | Profit ($m)
2022 | Profit Margin (%)
2022 |
---|---|---|---|---|
Shanxi Meijin Energy Co., Ltd | ||||
China National Coal Group Corp. | ||||
China Baowu Steel Group Corporation Limited |
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Industry revenue is measured across several distinct product and services lines, including Coke, Coke oven gas and Coal tar. Coke is the largest segment of the Coke Smelting in China.
<B>Coke</B>
The Coke Smelting industry in China has experienced difficult operating conditions over the past five years. This result has been due to changing demands from downstream industries, increasing level of environmental protection requirements and fluctuation in the prices of industry products. Industry revenue is expected to increase at an annualized 5.0% over the five years through 2022, to total $116.2 billion. This trend includes an anticipated revenue increase of 6.4% in the current year. In the first half of 2022, affected by Russia Ukraine conflict, the Spring Festival, the Winter Olympics, production restrictions in autumn and winter and the COVID-19, the supply of coking coal was tight. Price of the coking smelting products continued to increase.
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2520 - Coke Smelting in China
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<B>Coke</B>
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Must have a license. Only companies with licenses are legally approved to produce coking products. As a result, companies in the industry must obtain licenses from governmenta...
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Shanxi Meijin Energy Co., Ltd. (Meijin Energy) was founded in 1992 in Taiyuan city, Shanxi province. Meijin Energy is mainly engaged in the manufacturing of coke and coking pr...
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Including values and annual change:
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The market size of the Coke Smelting industry in China is $116.2bn in 2023.
There are 590 businesses in the Coke Smelting industry in China, which has declined at a CAGR of 0.0% between 2018 and 2023.
The market size of the Coke Smelting industry in China has been at a CAGR of 5.0% between 2018 and 2023.
The Coke Smelting in China market is forecast to over the five years from 2023 to 2028
The biggest companies operating in the Coke Smelting market in China are Shanxi Meijin Energy Co., Ltd, China National Coal Group Corp. and China Baowu Steel Group Corporation Limited
Production of coke and Production of coal tar are part of the Coke Smelting industry.
The company holding the most market share in China is Shanxi Meijin Energy Co., Ltd.
There are 347k employed in the Coke Smelting industry in China 2023.