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China Sugar Manufacturing Industry, 2013-2017

  • Date Submitted: 10/10/2013 01:43 AM
  • Flesch-Kincaid Score: 49.5 
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Analysis and Forecast of China Sugar Manufacturing Industry, 2013-2017

Sugar manufacturing industry takes sugarcane, beets and other crops as raw materials to produce raw sugar, sugar, as well as refined sugar. The sugar crops grow in spring generally, and the harvest begins in October. The sugar manufacturers squeeze sugar in October or November and halt the production in March or April of the next year; this period is a production cycle which is known as a squeeze season. Raw material procurement and production present seasonal and phased features, while the marketing is conducted throughout the year. In 2012, there are 48 sugar manufacturing enterprises (groups) and 270 sugar mills came into operation, and the industrial total asset reached CNY 139,126,125,000, increased by 19.1% over the last year; the sales revenue reached CNY 109,165,081,000, increased by 11.12%; total profit was CNY 6,955,888,000; the number of participators reached 145,017.00, increased by 1.5%. In the sugar squeeze season from 2012 to 2013, China’s sugar output reached 13,883,600 tons. At present, China’s sugar consumption shows three distinct characteristics: firstly, industrial consumption develops rapidly, the proportion of industrial sugar consumption reaches 65% to 70%; secondly, the consumption has obvious seasonal and regional features; thirdly, it presents substitutability and sucrose consumption is affected by starch sugar to some extent. In recent years, the rapid increase of industrial consumption has been the main driving force for China’s sugar consumption’s increase. Stimulated by the industries of dairy products, beverage, candy, canned food and pastries, the sugar consumption of China’s food industry has been increasing year-by-year. China’s per capita annual sugar consumption is less than 11 kilograms, and this number is less than 2 kilograms in rural areas, which is much lower than the level in medium and high-income countries of...

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