【Ministry of Natural Resources: Ocean Shipbuilding Industry Value Adde

Published: Mar 22, 2024 13:14

Save

【Ministry of Natural Resources: Ocean Shipbuilding Industry Value Added Increased by 17.6% in 2023】 According to the Ministry of Natural Resources, in 2023, the value added of the marine manufacturing industry was 2.9861 trillion yuan, an increase of 7.0% over the previous year, and 2 percentage points higher than the growth rate of the national manufacturing industry. Among them, the value added of the marine shipbuilding industry was 115 billion yuan, an increase of 17.6% over the previous year. Shipbuilding has made solid progress in high-end, intelligent, and green development, entering a new period of full spectrum product development. The marine engineering equipment manufacturing industry has developed well, maintaining a leading position in the international market share, achieving a value added of 87.2 billion yuan for the whole year, a 5.9% increase over the previous year. The demand for chemical products in both domestic and international markets is strong, leading to increased production and sales, with the value added of the marine chemical industry reaching 434.3 billion yuan, a 10.0% increase over the previous year.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

44 mins ago

Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]

44 mins ago

1 hour ago

[ Canada to Impose 50% Retaliatory Tariff on US Steel ]

The Canadian government announced a 50% retaliatory tariff on United States exports of steel and aluminum, scheduled to take effect on September 8, 2026. The aggressive trade measure directly responds to the recent collapse of bilateral metal trade negotiations and the implementation of US tariffs. The cross-border penalties threaten to heavily disrupt integrated North American steel supply chains ahead of the fast-approaching deadline.

1 hour ago

[ Bharat Coking Coal Output Grows 2.8% in August ]

Bharat Coking Coal Limited (BCCL) announced that its coking coal production increased by 2.8% year-on-year to 2.18 million tonnes in August 2026. Despite a sharp 65.9% drop in non-coking coal output, the core metallurgical segment drove total raw coal production to 2.21 million tonnes for the month. Opencast mining operations were the primary contributors to this volume, generating 2.19 million tonnes of the total yield.

1 hour ago