The oil yield of 37 million 610 thousand tons, compared with the previous year increased 1 million 890 thousand tons, the total global consumption of 37 million 370 thousand tons of palm oil production was 45 million 130 thousand tons, representing an annual increase of 2 million 700 thousand tons, 44 million 280 thousand tons of annual global demand of 2013 rapeseed oil production was 21 million 920 thousand tons, representing an annual increase of 1 million 570 thousand tons, 21 million 450 thousand tons of demand. The main reason for the growing global vegetable oil production is due to a substantial increase in oilseed acreage.
Global vegetable oil consumption grew by 27% between 2011 and 2014. Global population growth and rising disposable income is the main factor in the growth of global vegetable oil, which ranks first in the world in China and India.
The increase in global population growth and per capita disposable income has increased 14% of global vegetable oil consumption and improved the biofuel industry by up to 13%. In addition, China and India and the largest population and economic growth. In 10 years, China's soybean oil and palm oil consumption will grow by an average of 140% and 200%, India's soybean oil and palm oil consumption will grow by up to 200%.
2014 global biodiesel production capacity will increase from 5 million 500 thousand tons in 2010 to 15 million tons, of which the EU will account for the global biodiesel production capacity of 70%. Biodiesel production is expected to increase in Asia, the United States and South america.
International monopoly has become a real threat to China's edible oil strategic security. At present, controlled by the world food trading volume 80%, China oil market of raw materials and processing and its four major multinational grain merchants "above 75% edible oil supply has been have a hundred years of history, ABCD, ADM (ArcherDanielsland), Bangee (Bunge), Cargill (Cargill) and Louis Dreyfus (LouisDreyfus). Multinational grain merchants 64 enterprises in the 97 major oil companies in China holding shares, the total share capital of 66% in ten edible oil processing enterprises, the annual output reached 1 million 500 thousand tons more than 3, respectively is the "sea", "Kerry", "food", the top 2 companies have foreign capital the background, and belong to one group, namely Malaysia Wilmar international, "Kerry" production arowana, orchid, edible oil and other brands, "Yi Hai" brand equity production luhua. Arawana and Fulinmen, Luhua three edible oil brand Chinese edible oil accounted for more than 70% market share, the "Feng Yi Kerry" exclusive Chinese edible oil market share of nearly 50%, while the food system mainly imports of edible vegetable oil is still the object ADM. With the advantages of capital and history and experience, the international giant has completed the absolute control over upstream raw materials, futures, midstream production and processing, brand and downstream market channels and supply.
Kerry and China in COFCO small package edible oil industry giant status absolutely, for many China small package edible oil enterprises, beyond them currently seems to be an impossible task, but this does not mean that these companies have no chance, because the future of small package edible oil competition is not only the quality of the competition. Is the category of the competition, the traditional salad oil, cooking oil market is almost saturated, the development of new edible oil is imperative, whether new edible oil can break success, still unknown.
At the end of June 2014, China's edible oil industry the number of above scale enterprises reached 2136, an increase of 15.9%. Total assets reached 231 billion 150 million yuan, an increase of 33.1%. Sales revenue reached 425 billion 91 million yuan, an increase of 7.5%. Production reached 26 million 780 thousand tons, an increase of 25.7%.
At present, China's per capita edible vegetable oil consumption of 18 kg, close to the world average of 20 kg.
In recent years, although China's soybean oil production increased year by year, but can not keep up with the growth rate of consumption, supply and demand gap can only rely on imports to balance. At present, soybean oil has become China's largest vegetable oil varieties.