DUBLIN, Aug. 28, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/98hm7g/research_report) has announced the addition of the "Research Report on China's Wheat Industry, 2015-2019" report to their offering.
The major consumption of wheat comes from flour processing. As flour consumption grows steadily, the consumption of wheat in flour processing is stable too. With the improvements in living standards, the average consumption of meat, dairy products and egg keeps rising, resulting in the unlikely increase or even a possible decline in average consumption of flour as ration. Therefore, industrial use has become the major booster of wheat consumption.
As domestic wheat yield hardly meets market demand, China has begun to import wheat largely in recent years. Wheat import was 3.689 million tons in 2012 with a year-on-year increase of over 100% and 5.50 million in 2013. In the first half of 2014, this figure reached 2.56 million tons due to the poor quality of domestic wheat. Later as domestic high- quality wheat came into the market, the import declined sharply. Hence a sum of only 2.97 million tons in 2014 with a year-on-year decrease of 46%.
Australia replaced the US as China's largest wheat supplier in 2014, exporting 1.4 million tons which accounted for 47% of China's total wheat import. While the US only exported 0.83 million tons, a 29% of the sum.
In 2014, wheat import in China hit a record low since 2012, lagging far behind that in 2012 and 2013. And in 2015, wheat import into China might reach 2.5 - 3 million tons.
By analyzing the development of the wheat flour market and wheat industrial chain, operation and development trends of the Chinese wheat industry, wheat price, yield, import and export as well as competition in wheat market comprehensively, this report serves as an important reference for investors.
Key Topics Covered:
1 Status of Wheat Industry in the World
2 Wheat Variety and Application in China
3 Overview of Wheat Industry in China, 2010-2014
4 Wheat Import and Export in China, 2010-2014
5 Demand Analysis of Wheat in China, 2010-2014
6 Expectation to Wheat Industry in China, 2015-2019
7 Forecast of Investment Opportunity in Wheat Industry in China
- COFCO Limited
- Yihai Kerry
For more information visit http://www.researchandmarkets.com/research/98hm7g/research_report
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SOURCE Research and Markets