The 32nd China (Guangzhou) International Health Industry Expo 2024

14-16 June 2024

China Import and Export Fair Complex

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China Oilseed Production Falls

Time: 2013-07-23

CHINA - Total market year (MY) 13/14 oilseed production is forecast at 54.9 million tons from a planted area of 24.7 million hectares (MHa), both down 0.5 per cent and 2.2 per cent from MY12/13, respectively. Rising consumer affluence is driving demand for animal and fish protein and consumption of vegetable oils.

In response, advancements in concentrated animal and aquatic production, growth in the feed industry and expansion in the crushing sector are spurring demand and need for imports to supply feed protein sources, such as soybeans and rapeseed.

Total oilseed imports in MY13/14 are forecast to reach 68.9 million tons from 66.1 million tons in MY12/13.

Specific MY13/14 forecasts for oilseed categories include: