Concise Analysis of the Chinese Wheat Industry
DUBLIN, Mar. 21, 2014 /PRNewswire/ –
Research and Markets
) has announced the addition of the
report to their offering.
Wheat is one of major grain varieties around the world, and an important grain crop in China. In 2012, the planting area of wheat in China was 24.139 million hectares, decreasing by 131,000 hectares YOY; the output volume per hectare was 4,995kg, increasing by 158kg YOY; the total output volume of wheat was 120.58 million tons, increasing by 3.18 million tons.
Wheat is widely applied in many fields. It can be milled into flour and used for food processing and wine brewing. It can also be used as pharmaceutical raw materials and forages.
Most wheat is milled into flour in China at present. The total flour consumption keeps increasing steady, and the wheat flour consumption remains stable. With the increasing living standards of Chinese people, the consumption per capita of meat, dairy products and eggs keeps rising. Therefore, the consumption per capita of flour as grain ration can hardly grow and will even decrease. The major driving force of the wheat consumption is the industrial demand.
Wheat has a substitutional relation with corns if both are used as forages. For example, the price ratio between wheat and corns was 0.89 in 2011, decreasing by about 12% YOY and becoming the lowest ratio since 1999; the consumption of wheat forages was significantly promoted in 2011, reaching over 10 million tons. The price ratio began to increase since 2012. The consumption of wheat used as forages obviously decreased with the increasing price ratio between wheat and corns.
Key Topics Covered:
1 Present Situation of Global Wheat Industry
2 Varieties and Applications of Wheat in China
3 Overview on China Wheat Industry, 2008-2013
4 Import and Export Status of Wheat in China, 2008-2012
5 Analysis on Demand for Wheat in China, 2008-2013
6 Perspective of China Wheat Industry, 2014-2018
7 Forecast on Investment Opportunities in China Wheat Industry, 2014-2018
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SOURCE Research and Markets