2007-2008 Annual Report on China Refined Oil Market

http://www.chinaccm.com 2008-5-8 16:36

Published:           April 2008
Price (USD):        $2,000 / Hard Copy
                               $2,400 /single user PDF licence

Report Highlights

Against a background of soaring international oil prices, the shortage of refined oil supply in China becomes more acute in 2007. There is a more apparent trend of China's fast economic growth turning overheated. GDP growth for the whole year is expected to be higher than last year. Fast economic growth will shore up the demand for refined oil. Gasoline consumption in the whole year is expected to amount to 52.50 million tons, up by 3.96% year-on-year. Diesel oil consumption will reach 116.948 million, up by 2.91% year-on-year.

The market-oriented reforms of energy price needs to be subject to the country's strategic goals and livelihood goals. As far as the market structure for 2007 is concerned, there is too much talking on wholesale price greater than retail price and oil shortage. As the Crude Oil Cost Law and the Energy law are about to be introduced, reforms of the refined oil market are now an urgent task ahead¡­

In the face of competitions as well as market changes and challenges, the 2007-2008 Annual Report on China's Refined Oil Market released by our team will help enterprises, investors and industry persons to more accurately grasp the growth pattern of China's refined oil market, and make forward-looking forecasts for market development directions:
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More in-depth and detailed market research data. Based on its in-depth research on the refined oil market, our team offers a detailed analysis of market changes from the various perspectives of oil production, import and export, wholesale, storage, sales and marketing channels.
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More comprehensive and in-depth analysis of brand competitions. In addition to summing up enterprises' performances from such diversified dimensions as competition pattern in market segments, competition strategies and SWOT analysis, our team draws upon its profound understanding of the energy market to establish a CMP matrix system with 31 items in six major categories to assess the elements for market successes and reach valuable analytical and quantitative forecasts based on factoring analysis.
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More scientific and comprehensive forecast for future growth. Develop regression models, carry out expert validation for all key market segments and perform linkage analysis with related industry processes to ensure to make valuable trend analysis and quantitative forecast results and provide practical and feasible strategies for reference use by industry participants.

Report Framework

Table of Contents
Main Conclusions
Key Findings

Chapter I    Overview of the Global Refined Oil Market in 2007

(I) Market Size and Growth
1. Oil refinery capacity grew for six consecutive years.
2. New capacities came from capacity extension.
3. Rankin of oil refinery companies and oil refineries.
4. Dwindling profit margin became the overall trend for oil refineries worldwide.
(II) Basic Characteristics
1. The opening of the refine oil distribution industry became a main trend.
2. Macro regulation by the government did not relax.
3. Big companies were in the dominant position in the refined oil distribution market in various countries.
4. Growing bigger and more competitive and expanding international operations was the logic road for oil sales enterprises to grow.
(III) Major Countries and Regions
1. The United States
2. Germany
3. Japan
4. South Korea

Chapter II    Overview of China's Refined Oil Market in 2007

(I) Market Size and Growth
1. Market size and growth, 2005-2007
2. Price trend
(II) Basic Characteristics
1. Industry prosperity slowed down.
2. Demand stagnated.
3. Prices and operating revenues were both sluggish.
4. There were consistent fluctuations in refined oil and crude oil pieces.
5. The oil refinery structure was adjusted in an orderly manner.
(III) Market Structural Analysis
1. Product structure
2. Province/municipality structure
3. Brands' market shares

Chapter III    Forecast for China's Refined Oil Market, 2008-2012

(I) Forecast for Market Size
1. Companies will expand their production capacities.
2. The industry layout will become rational.
3. Oil refineries will partially improve their losses.
4. The fate of private enterprises is still serious cause for concern.
5. Oil output and demand
(II) Forecast for Market Structure
1. Product structure
2. Regional structure
3. Channel structure

Chapter IV    Trend of China's Refined Oil Market, 2008-2012

(I) Driving Factors for Growth
1. Policy factors
2. Economic factors
3. Resources factors
4. Technological factors
(II) Development Trend
1. Trend of production and consumption
2. Product development trend
3. Trend of technological innovations
4. Trend of competitions
5. Downward tariff adjustment will ease refined oil supply shortages.
(III) Price
1. Crude oil price trend
2. Gasoline price trend
3. Kerosene price trend
4. Diesel oil price trend
5. Fuel oil price trend
6. Lubricating oil price trend

Chapter V    Research on China's Refined Oil Market Segments

(I) The Gasoline Market
1. Competition pattern
2. Driving forces
3. Obstructive factors
(II) The Diesel Oil Market
1. Competition pattern
2. Driving forces
3. Obstructive factors
(III) The Kerosene Market
1. Competition pattern
2. Driving forces
3. Obstructive factors
(IV) The Fuel Oil Market
1. Competition pattern
2. Driving forces
3. Obstructive factors
(V) Status of Lubricating Oil Consumption
1. Competition pattern
2. Driving forces
3. Obstructive factors

Chapter VI    Competitions in China's Petroleum Market

(I) Overall Competition Pattern
1. Competitions between domestic enterprises
2. Competitions between domestic and foreign enterprises
3. Potential entrants and substituting products
(II) Key Enterprises' Competition Strategies
1. CNPC
2. SINOPEC
3. CNOOC

Chapter VII    User Demand for Refined Oil in China

(I) Petroleum Consumption Makeup
1. Influential factors
2. Current status of consumption
(II) Analysis of Related Industries
1. The chemical industry
2. Agriculture
3. The transportation industry

Chapter VIII    Recommendations

(I) Recommendations to the Government
1. Short-term measures
2. Long-term measures
(II) Recommendations to Enterprises

Figures

Fig.1 Statistics on the Number of Oil Refineries and Their Refinery Capacities in the World
Fig.2 Status of Refined Oil Circulation in South Korea in Recent Years
Fig.3 Changes in Apparent Refined Oil Consumption in China in Recent Years
Fig.4 Changes in No.93 Gasoline Price in Beijing, January 2003-June 2007
Fig.5 Accumulated Oil Outputs of Different Structures in China, January-November 2007
Fig.6 China's Top 10 Crude Oil-Producing Regions, January-November 2007
Fig.7 China's Top 10 Gasoline-Producing Regions, January-November 2007
Fig.8 China's Top 10 Kerosene-Producing Regions, January-November 2007
Fig.9 China's Top 10 Diesel Oil-Producing Regions, January-November 2007
Fig.10 Changes in International Crude Oil Prices, 2000-2007
Fig.11 Average Trend of International Crude Oil Prices in Recent Years
Fig.12 Benchmark Prices for Crude Oil in China, 2004-2006
Fig.13 Changes in International No.95 Lead-Free Gasoline Prices in Recent Years
Fig.14 Comparison Between International Crude Oil Price and International Gasoline Price
Fig.15 Changes in No.93 Lead-Free Gasoline Prices (Wholesale Price) in China in Recent Years
Fig.16 Distribution of Changes in International Crude Oil Price and Gasoline Price in China in Recent Years
Fig.17 Changes in International Aviation Kerosene Prices in Recent Years
Fig.18 Distribution of Changes in International Crude Oil Price and International Kerosene Price in Recent Years
Fig.19 Distribution of International Diesel Oil Price Changes in Recent Years
Fig.20 Distribution of Changes in International Crude Oil Price and International Diesel Oil Price in Recent Years
Fig.21 Changes in No.0 Diesel Oil Prices in China in Recent Years
Fig.22 Changes in International Crude Oil Prices and No.0 Diesel Oil Prices in China in Recent Years
Fig.23 Changes in International No.180 Fuel Oil Prices in Recent Years
Fig.24 Changes in International Crude Oil and No.180 Fuel Oil Prices in Recent Years
Fig.25 Changes in Lubricating Oil Prices (CD30 Gasoline Engine Oil) in China, 2006-2007
Fig.26 Changes in Lubricating Oil Prices (CD30 Diesel Engine Oil) in China, 2006-2007
Fig.27 Changes in Apparent Gasoline Consumption in China in Recent Years
Fig.28 Structure of China's Gasoline Consumption
Fig.29 Monthly Passenger Car Sales Volume in Recent Years
Fig.30 Changes in China's Monthly Auto Output in 2006
Fig.31 Changes in Apparent Diesel Oil Consumption in China in Recent Years
Fig.32 Structure of China's Diesel Oil Consumption
Fig.33 Changes in Apparent Kerosene Consumption in China in Recent Years
Fig.34 Structure of China's Kerosene Consumption
Fig.35 Changes in Apparent Fuel Oil Consumption in China in Recent Years
Fig.36 Structure of China's Fuel Oil Consumption
Fig.37 Changes in Apparent Lubricant Oil Consumption in China in Recent Years
Fig.38 Structure of SINOPEC's Refined Oil Sales in China, 2006-2007Q1-Q3
Fig.39 Makeup of Crude Oil Consuming Sectors

Tables

Table 1 Germany's Refined Oil Trade, 2004-2006
Table 2 Makeup of Japanese Refined Oil Wholesale Enterprises' Sales
Table 3Main Steps Taken by Japan to Open its Refined Oil Market
Table 4 Steps Taken by South Korea to Gradually Open its Refined Oil Market
Table 5 Process of Refined Oil Price Adjustment in China
Table 6 Makeup and Percentages of Refined Oil Consumption in China
Table 7 Top 10 Oil and Petrochemical Enterprises in 2006¡ªBy Operating Revenues
Table 8 List of Enterprise Groups Whose Oil and Natural Gas Extraction Operating Revenues Are Over RMB1 Billion in 2005
Table 9 List of Enterprise Groups Whose Oil Processing, Coking and Nuclear Fuel Processing Operating Revenues Are Over RMB1 Billion in 2005
Table 10 Forecast for Regional Oil Supply and demand in China
Table 11 Prices of SINOPEC's Self-Produced Crude Oil in April 2007
Table 12 SWOT Analysis of State-Owned Oil Giants in China
Table 13 SWOT Analysis of Private Oil Enterprises in China
Table 14 Chronicle of Major Events in 2007-CNPC
Table 15 Changes in the Number of SINOPEC's Fuelling Stations, 2006-2007Q1-Q3
Table 16 Chronicle of Major Events in 2007-SINOPEC
Table 17 Chronicle of Major Events in 2007-CNOOC
Table 18 Comparison of Growth Rates of Gasoline, Kerosene, Diesel Oil and Chemical Industry-Use Oil Consumption