The soybean industry involves departments and industries of national economy related to soybean production, trade, processing, logistics, R&D and relevant services. The soybean industry possesses a leading chain of bulk farm-products in China, including planting, processing, supply of edible oil, forage and breeding. The soybean industry experienced huge changes and difficulties after the entrance in WTO.
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Research on Key Geographical Markets of China Soybean Industry
1. Research Report on China Soybean Industry,
2017-2021
Published on – 18 September, 2016 | Number of pages : 50
Single User Price: $ 2200
The soybean industry involves departments
and industries of national economy related
to soybean production, trade, processing,
logistics, R&D and relevant services. The
soybean industry possesses a leading chain
of bulk farm-products in China, including
planting, processing, supply of edible oil,
forage and breeding.
2. On the one hand, domestic soybean production shrank with a rising
import dependence ratio up to over 80%. On the other hand, key links
of Chinese soybean industry were controlled by foreign capitals with
their strength in funds and technologies.
China was a leading producer of soybeans before. In the early 1990s,
the highest export volume exceeded 1 million tons in China as a net
exporter of soybeans. However, soybean becomes a kind of
agricultural product with the largest import volume in China.
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3. The domestic output volume of soybeans started to
decline from 1996. The import volume of soybeans
increased while the export volume declined from
1995 to 2002. It was 13.94 million tons in 2002
which was close to the domestic output volume of
soybeans and reached 20.74 million tons in 2003,
first exceeding the domestic output volume.
Meanwhile, it was up to 81.69 million tons in 2015.
As a world leading soybean importer, the import
volume of soybeans in China accounted for over
60% of the global soybean trade. However,
Chinese enterprises have no international pricing
rights but to accept prices set by CBOT.
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From 2004, soybean processing enterprises experienced
comprehensive loss in China while international grain businesses
entered China and occupied over half of the market shares with this
opportunity, which was followed by the transfer from trade
businesses to processing enterprises. The procurement of
soybeans was at high costs in 2004 while the soybean price
declined sharply from then on, leading to the closing down of
numerous Chinese importers.
In the processing of soybeans, major evaluation indexes include
the self-support degree and domestic prices of soybeans. The self-
support degree of soybeans was less than 40% and it presented a
trend of decline. The price of soybeans experienced a sharp
fluctuation especially due to the imported soybeans.
5. Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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6. Research Report on China Soybean Industry, 2017-2021
A detailed qualitative analysis of the factors responsible for driving and restraining growth
of the Research Report on China Soybean Industry, 2017-2021
Market Shares, Strategies, and Forecasts, Worldwide, 2016 to 2022 and future
opportunities are provided in the report.
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