From 2019 to 2020, the production volume of medical grade (75 percent) alcohol was estimated to increase by 20 percent. In the years prior, the average annual growth rate was between seven and eight percent. The spike in annual growth in 2020 was most likely due to the increased demand created by COVID-19.
Annual growth rate of production volume of medical grade alcohol in China from 2016 to 2020
Characteristic
Output volume growth rate
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Forward Intelligence (Qianzhan). (March 16, 2020). Annual growth rate of production volume of medical grade alcohol in China from 2016 to 2020 [Graph]. In Statista. Retrieved September 07, 2024, from https://www.statista.com/statistics/1125351/china-growth-rate-of-output-volume-of-medical-grade-alcohol/
Forward Intelligence (Qianzhan). "Annual growth rate of production volume of medical grade alcohol in China from 2016 to 2020." Chart. March 16, 2020. Statista. Accessed September 07, 2024. https://www.statista.com/statistics/1125351/china-growth-rate-of-output-volume-of-medical-grade-alcohol/
Forward Intelligence (Qianzhan). (2020). Annual growth rate of production volume of medical grade alcohol in China from 2016 to 2020. Statista. Statista Inc.. Accessed: September 07, 2024. https://www.statista.com/statistics/1125351/china-growth-rate-of-output-volume-of-medical-grade-alcohol/
Forward Intelligence (Qianzhan). "Annual Growth Rate of Production Volume of Medical Grade Alcohol in China from 2016 to 2020." Statista, Statista Inc., 16 Mar 2020, https://www.statista.com/statistics/1125351/china-growth-rate-of-output-volume-of-medical-grade-alcohol/
Forward Intelligence (Qianzhan), Annual growth rate of production volume of medical grade alcohol in China from 2016 to 2020 Statista, https://www.statista.com/statistics/1125351/china-growth-rate-of-output-volume-of-medical-grade-alcohol/ (last visited September 07, 2024)
Annual growth rate of production volume of medical grade alcohol in China from 2016 to 2020 [Graph], Forward Intelligence (Qianzhan), March 16, 2020. [Online]. Available: https://www.statista.com/statistics/1125351/china-growth-rate-of-output-volume-of-medical-grade-alcohol/