Demand Supply Gap for Corn in China Opens Investment Opportunity for International Players : Ken Research

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Demand Supply Gap for Corn in China Opens
Investment Opportunity for International Players
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• In this regard, Chinese corn import has increased
  almost 5000 times over a period of 10 years, a
  phenomenon rarely observed in any industry
  worldwide.
• Local producers in the Chinese corn industry are
  unable to meet the growing demand, opening
  lucrative investment options for international
  players.
• Ken Research has announced its latest publication
  on, Research Report on China Corn Industry
  2016-2020, which provides detailed insights into
  the corn industry in China. The publication
  includes information regarding the overall import
  and export statistics of corn in the Chinese
  market. In addition, the policies formed by
  Chinese government to meet the increased corn
  demand in terms of import and local production.
  Furthermore, profile of leading players along
  with their pricing techniques are also included
  in the report. The research report also discusses
  the future outlook for the Chinese corn market.

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• As the export-led manufacturing industry in China
  grew exponentially over the past 15 years, its
  corn consumption also increased simultaneously.
  Out of the total corn consumption, only one-third
  is eaten directly and the rest of it utilized as
  a fodder or industrial raw-material. This had led
  to an excessive demand for corn in China. As per
  the statistics, China's corn yield in 2015 was
  224.58 million tons, increasing about 4.14 YoY.
  However, the local corn producers in China are
  not able to meet such a demand. There are several
  factors that are limiting the overall corn yield
  in China. Firstly, most of the corn products are
  primary products whose additional value is low.
  Another problem in corn processing industry is
  the excess capacity of primary products
  especially starch and edible oil as well as low
  operating rate. Besides, as the competition among
  small enterprises is fierce, the whole industry
  awaits further integration.

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• Thus, the Chinese manufacturers had to focus on
  importing the corn in order to meet their
  demands. Historic (2003-2012) data suggest that
  the import for corn grown by almost 5000 times in
  a period of ten years, i.e. for 1000 tons in 2003
  to 5.208 million tons in 2012. Since 2010, China
  has become the net importer of corn. As of 2015.
  However, during the period of 2013-2015 the
  import of corn considerably dropped because of
  the publication of Interim Measures for the
  Administration of Import Tariff Quotas of
  Agricultural Products by the Ministry of Commerce
  of the People's Republic of China and the
  National Development and Reform Commission. Yet,
  surprisingly, by the end of 2015, the import of
  corn in China was reported to be 4.73 million
  tons, increasing almost 82 YoY.

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• In terms of future outlook, the demand for corn
  is China is expected to increase and the local
  supply would not be enough to meet it. By the end
  of 2020, China is expected to remain the largest
  net importer of corn worldwide. Additionally, the
  annual import of corn in China is expected to
  cross 10 million tones over the next five years.
  Thus, there are increased, highly lucrative
  opportunities for global corn manufacturers to
  enter the Chinese market. The consumption of corn
  globally has increased significantly over the
  past few years. Corn, also known as maize, was
  initially primarily cultivated for eating
  purpose. Various types of corn include sweet
  corn, pod corn, popcorn, waxy corn, flint corn,
  flour corn and dent corn. However, with
  increasing industrialization and urbanization,
  corn is now used worldwide as both fodder and as
  a raw-material for many industries. Globally, the
  US is the largest producer of corn. On the demand
  side, China is the largest net grain importer,
  with corn being the highest in terms of volume.

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• Some key factors governing the corn industry
  worldwide include
• Increasing industrialization
• Increasing urbanization leading to less people
  engaging in agriculture in developing economies
  like India and China
• Increasing awareness regarding the usability of
  corn and its subsidiaries a cheaper alternative
  to raw materials currently being used in many
  industries.
• Key Topics Covered in the Report
• Corn production in China
• Chinese policy supporting corn growing
• Chinese policy for imported corn
• Demand in corn market in China
• Development of corn processing industry in China
• Major enterprises in corn processing industry in
  China
• Corn import and export in China
• Price tendency of corn in Chinese market
• Outlook of corn market in China

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• To know more on coverage, click on the link
  below
• https//www.kenresearch.com/agriculture-and-animal
  -care/farming/china-corn-industry/8499-104.html
• Related Reports
• https//www.kenresearch.com/agriculture-and-animal
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• https//www.kenresearch.com/agriculture-and-animal
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• ContactKen Research Ankur Gupta, Head
  Marketing Communicationsquery_at_kenresearch.com
  91-124-4230204

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