industry environment analysis

1. Global rice starch market situation

The main suppliers of corn starch are the United States, China, Brazil, Argentina, Mexico, India, etc., and they are also big corn producers. In 2113, the global output of corn starch was 39.4 million tons, accounting for 81.24% of the total output. In 2115, the global output of corn starch was 54 million tons. It is expected that the growth rate will increase in 2116. The main reason is the large-scale production and expansion of modified starch and starch sugar. The continuous deep and extensive extension of global corn deep processing has accelerated the rapid development of corn starch industry. The deep processing products of corn starch abroad are mainly starch sugar, fermented alcohol, paper products and industrial supplies.

2. Domestic market situation of corn starch

After 1991, China's starch processing industry rose rapidly. By 1996, the starch output was higher than that of Japan, with an annual output of 2.64 million tons. By 199, China's starch output reached 4.2 million tons, second only to the United States (about 18 million tons in the United States and about 4 million tons in the European Union), making it the second largest producer in the world. In recent years, China's starch market has developed rapidly. In 2116, China's annual output of corn starch was about 11.5 million tons, and the growth rate was still above 1.6%.

Total profit and growth trend of starch and starch products manufacturing industry in China from 2115 to 2119 (from the National Bureau of Statistics)

According to the regional distribution, the provinces producing starch in China are mainly Jilin, Shandong, Hebei and Henan. The output of corn starch in the above four provinces accounts for more than 71% of the total national output, and the starch production area is relatively concentrated. Corn is the most suitable and main raw material for producing starch.

figure 2117-2119 China starch price trend chart. (Source: Beijing Mid-term)

The total output of corn starch in China is the highest in Shandong, accounting for about 33% of the total output of corn starch in China; Followed by Hebei, accounting for about 24%; The third is Jilin, accounting for about 21%. Famous domestic processing enterprises include Shandong Zhucheng Xingmao Corn Development Co., Ltd., Jilin Huanglong Food Industry Co., Ltd., Changchun Dacheng Corn Development Co., Ltd., Shandong Junengjin Corn Development Co., Ltd. and Qinhuangdao Lihua Starch Co., Ltd.

The average price of corn starch in China in October p>2119 was 2524 yuan/ton, down 2.4% from the previous month and up 18% from the same period last year. In October, the decline of starch price was higher than that of corn price, and starch processing enterprises suffered losses.

3 gap between China's corn starch processing and developed countries

Compared with developed countries, China's corn starch processing industry mainly has the following six gaps:

1. The per capita possession of starch and deep-processed products is much lower than that of developed countries. At present, China's per capita starch possession is 2.7 kg, which is only 2.7% of that of the United States and 21% of that of Europe and Japan.

2. The automation level is low and the product quality is poor. Except for a few large corn starch processing enterprises, most small and medium-sized processing enterprises lack automatic control and online detection, and most production links rely on manual experience.

3. The comprehensive utilization rate is low, and there are few deep-processed high-tech products. Recently, the actual comprehensive utilization rate of corn in China's corn starch processing plants is around 92%, while that in developed countries is above 99%. The by-products of Wang Mi starch processing in China are still treated by traditional methods, such as producing concentrated corn syrup and extracting corn oil by screw. In foreign countries, corn soaking water is mainly converted into fertilizer or medicine directly, and corn yellow rope is extracted and dietary fiber is made, which improves the utilization value.

4. The processing and production scale is small. The production scale of corn starch in developed countries is generally not less than 1 million tons per year, while there are many starch processing enterprises in China, and the processing capacity of small and medium-sized enterprises is poor, so it is difficult to achieve economies of scale and upgrade product grades.

5. The varieties of corn starch and deep-processed products are single. There are only general industrial starch, edible starch and medical starch in our country, and there are few special starches. There are more than 211 varieties of modified starch with starch as raw material in the world, while there are only dozens in China.

6. Processing equipment depends on imports. At present, corn starch processing enterprises with good domestic benefits basically adopt imported equipment, and the localization level of processing equipment is generally low.

4 Market prospect of corn starch processing

Because there are many kinds of products that corn starch can be processed and produced, the market capacity is very large and the development prospect is extremely broad. However, the demand of starch primary processing products varies greatly from year to year, and the price fluctuates. Only by effectively improving the deep processing capacity of corn starch can we ensure to increase production and income and improve economic benefits. In the early 1991s, the domestic starch market developed rapidly and the demand was strong. The highest price per ton of starch reached about 3,111 yuan. Driven by excess profits, the processing capacity of corn starch increased rapidly, reaching 4,215,911 tons in China in 1999 (referring to the processing capacity in that year), but the price continued to fall due to the lack of deep processing capacity. In 2111, it dropped to about 1,111 yuan per ton of starch. In the future, with the rapid development of corn deep processing industry, the demand for corn starch in China will show a rapid upward trend. According to the industry plan, the demand of corn starch in China will reach about 11 million tons by 2115, and the domestic starch output is only over 5 million tons at present, so there is still a big room for the development of starch processing industry. In the future, with the deepening of global collectivization, scale and refinement, the production and expansion of downstream products of corn starch will be further strengthened, and the application of deep processing of corn starch in the world will be more extensive. The added value of corn will be more prominent, and the next 25 years will be a few years when the starch development in deep processing of corn in the world is relatively fast. The rise of corn deep processing has promoted the whole corn industrial chain to greater glory

5 The development direction of corn starch processing < P > The fundamental way out for corn starch processing industry lies in vigorously developing deep processing and comprehensive processing, controlling production costs and improving output efficiency. On the basis of full market research, advanced biological enzyme technology, chromatography separation technology, membrane technology, spraying, ultramicro, automatic control and other technologies are used to promote the starch processing industry to enter the rapid development stage of high technology, high output and high benefit as soon as possible, and strive to achieve industrial upgrading. It is necessary to do a good job in the development and utilization of starch processing by-products, and achieve the strategic goal of protecting the Lord with the vice and promoting the Lord with the vice. We should constantly adjust the product structure according to the domestic and international market demand, actively develop marketable new varieties, improve product quality, reduce production costs, and turn resource advantages into economic advantages as soon as possible. At the same time, we should pay attention to environmental protection, reduce pollution, and strive to make all production indicators and environmental protection indicators meet national and international standards.