People's Republic of China

Market Snapshot

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Coarse Grain S&D

  • DDGS imports began 2009; growing rapidly – 98 tmt in 2009, 2,177 tmt in 2010.
  • China corn imports projected to grow to 15 mmt in 5 years (industrial use 40 mmt, accounts for half of projected demand growth).
  • China corn yield growth unlikely to keep pace with demand.

Market Overview

  • Population: 1.337 billion
  • GDP growth: 10.3% (2010)
  • Number two importer of DDGS (2011, number one in 2010).
  • Number two corn producer in the world.
  • 90% of arable land in use.
  • Rural-urban migration 100 m/year.

Market Growth Potential

  • Population to reach 1.4 billion by 2030.
  • Domestic grain production near capacity.
  • Growing affluent population with a growing demand for meat protein.
  • Largest swine producer and consumer.
  • Will become consistent importer of feed grains and food.
  • Policy and infrastructure issues pose potential threat to imports.
  • Half of world pig population is in China.
R. Kevin

Office Contact Info

China World Office 1
Suite 1010C
No. 1 Jianguomenwai Ave.
Beijing 100004 China

Phone: 011-86-10-6505-1314
011-86-10-6505-2320
Fax: 011-86-10-6505-0236
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