China is a net exporter of corn strach

Published Nov 20, 2020

Tridge summary

China's corn starch production has seen a significant increase, with a average annual growth of 10% over the past three years, reaching a record 31 million tons in 2019. However, the domestic consumption of starch has grown at a slower pace of 8% annually, reaching 28.3 million tons in the same year. China is now the world's leading producer of various deep-processing corn products, accounting for over half of the global output for corn starch, 60% for lysine, 68% for monosodium glutamate, and 85% for maltitol.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Myande Group Co., Ltd estimates, over the past 3 years, China's corn starch production has increased by an average of 10% annually. At the end of 2019, the volume of production of this product reached 31 million tons, which became an absolute record and exceeded by 10% the figure for 2018 (28.2 million tons). At the same time, the domestic consumption of starch in China is increasing at a slower pace - on average by 8% annually over the past 3 years. In 2019, the volume of consumption of this product is estimated at 28.3 million tons. He also added that today China is the world's largest producer of major deep-processing corn products, providing more than half of their global output. The share of China in the world ...

Source: Apk-inform