Analysis on Production Volume, Consumption, Import and Export of Soybeans in China in 2018

China is a major soybean consumer in the world, with the consumption increasing steadily. In 2017, the soybean consumption in the country exceeded 0.11 billion tons, ranking first in the world. Meanwhile, 83% of the domestic soybeans consumed were used for crushing, 14% for food, and only 2% for feed. The consumption structure of soybeans has shown a concentrated trend in the past five years. Crushing is more dominant with a slight increase in the share of consumption, which is currently about...
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Research Report on China Soybean Industry, 2018-2022

According to CRI, the annual production volume of soybeans is estimated to be lower than 13 million tons in China in recent years. However, as the economy develops and the living standards increase in China, the annual demand for soybeans keeps rising, exceeding 100 million tons in 2017. Obviously, the homegrown soybeans cannot satisfy the domestic market demand, so China has to import numerous soybeans every year. In 2017, the import volume of soybeans in China totaled 95.535 million tons, incr...
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Research Report on China Soybean Industry, 2017-2021

Source: http://www.shcri.com/agriculture/33352-research-report-on-china-soybean-industry-2017-2021.html 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. The domestic output volume of soybeans started to decline from 1996. The import volume of soybeans increased while the export volume d...
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