Market Research Report on China Shipbuilding Industry [2010-2019]

Dec., 18, 2015, Mumbai, India: Market Reports on China presents the report, on “Market Research Report on China Shipbuilding Industry [2010-2019]”. Since the 1990s, the number of finished ship has kept increasing, making China one of the shipbuilding centers in the world.

Ever since Chinas entry into the WTO, shipbuilding industry has kept growing. And its direct contribution to many industries like water transport, fishing and ocean development has raised its status in national economy. "http://www.marketreportsonchina.com/industry-mfg-market-research-reports-3748/china-shipbuilding.html"

Since the 1990s, the number of finished ship has kept increasing, making China one of the shipbuilding centers in the world. In 2014, 39.05 million dwt of ships were built, decreasing 13.9% year on year. And 59.95 dwt of new vessels was ordered, decreasing 14.2% year on year.

By the end of 2014, 148.90 million dwt of ships were being handled by Chinese shipbuilding enterprises, increasing 13.7% year on year, 33.11 million dwt of ships had been finished and exported, decreasing 7.3% year on year, 55.51 million dwt of ships were ordered for export, decreasing 14.3% year on year and 142.80 million dwt of ships for export were being handled, increasing 23.7% year on year. And ships for export accounted for 84.8% of finished ships, 92.6% of newly ordered ships and 95.9% of ships being handled.

In 2014, Chinas ship export totaled USD 23.78 billion, decreasing 14.1% year on year while its ship import totaled USD 1.2 billion, decreasing 37.1% year on year.

According to the statistics, in 2014, ship export value hit its bottom since 2009 which reported USD 28.36 billion. Ever since export value reached its historical high of USD 43.69 billion in 2011, it has kept dropping with a decline of over 10% in 2012 and 25.3% in 2013 as a result of international financial crisis.

In 2014, although the new order showed a high-to-low trend in global ship market and the ocean...