Monday, November 18, 2013

Research Report on China Edible Vegetable Oil Industry, 2013 - 2017

With the increasing income per capita of Chinese people, the dietary structure has significantly changed. The demand for edible vegetable oil keeps growing. In 2012, the annual output volume of edible vegetable oil in China was about 22 million tons, increasing by about 6.7% YOY. An online post indicates that the output volume of edible vegetable oil in China in 2012 was over 50 million tons. This is wrong as the import volume of soybeans in China in 2012 is mistaken for 158.38 million tons, and the correct import volume is 58.38 million tons. In 2012, the annual consumption volume of edible vegetable oil in China was about 30.3 million tons, increasing by 4.6% YOY. Soybean oil, rapeseed oil, palm oil and peanut oil take up the most shares of China edible vegetable oil market, and palm oil is mainly used for the food industry. Niche products including corn oil and olive oil account for an increasing share in China edible vegetable oil market in recent years. The major reason is that Ch

Original Post Research Report on China Edible Vegetable Oil Industry, 2013 - 2017

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