2012-09-10 06:25:29 -
ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –China Tomato Products Industry Report, 2011-2012
Currently, there are mainly three tomato-producing clusters worldwide, i.e. U.S. California Valley, the Mediterranean Coast and China’s Xinjiang, Inner Mongolia, etc., whose tomato production altogether accounts for roughly 85.0% of the world’s total. Affected by eating habits, Chinese tomato products are primarily export-oriented, largely subject to the global market.
Global tomato production and consumption in 2011 were respectively 37 million tons and 35 million tons, with the former slightly larger than the latter. By the end of 2011, the global tomato has still been a cumulative inventory of 20 million tons to meet consumption of seven months. This high inventory renders the global tomato product industry (including China) hard to get rid of loss-making situation. But in the long run,
tomato products pertain to fast-moving consumer goods with strong rigid demand, coupled with the adjustment of countries’ planting policies, the future market supply and demand will tend towards equilibrium.
In 2011, China’s tomato product output and export volume severally reached 1.29 million tons and 1.1315 million tons, with export ratio of 87.7%. It is expected that tomato output in 2012 will see a slight decline over the previous year to 1.25 million tons.
There are approximately 166 tomato sauce processing plants in China, but highly-concentrated. COFCO Tunhe and Xinjiang Chalkis, by dint of superiority in large-scale production, tomato planting bases, etc., retain leadership positions, respectively sharing 38.9% and 24.6% of China’s tomato production in 2011. However, COFCO Tunhe lays emphasis on the development of the upstream raw material market, while Xinjiang Chalkis gives priority to the downstream deep-processing market.
China Tomato Products Industry Report, 2011-2012 covers the followings:
Development status, market supply and demand, import and export trade, price trends, etc. of the global tomato production and tomato products;
Development status, market supply and demand, import and export trade, price trends, development prospects, etc. of tomato production and tomato products in China;
Competitive landscape, profit level, competitive advantages and disadvantages, etc. of the tomato product industry in China;
Operation, investment and M&A, business analysis, development forecasts, etc. of two worldwide and six Chinese tomato product enterprises.
For details of this report please visit:
www.researchinchina.com/Htmls/Report/2012/6508.html