Recently, the customs department announced the 2023 year in our countryImportsCornhas attracted widespread attention. According to the data, last year in our countryImportsCornThe volume reached 27.14 million tons, an increase of 316%, once again reaching the second-highest level in history. This figure is not only surprising, but also indicative of some new trends and situations.
However, whyImportsCornWhat about another big increase in 2023? We can explain this in two ways. The first is dip hunting**. Food prices have soared as a result of the turmoil in the international food market in the previous two years, especiallyCorn**Hit record highs multiple times. As the main planting crop in our country,CornSupply and demand are tightImportsCornCosts remain high. However, as international food prices return to normalcy,Corn**Rapidly**, there is a demand for dips in the domestic market. The second is to increase reserves. Over the past two years, our countryCorn**** is mainly affected by the international market, but also with the domesticHogsRapid recovery of production capacity andCornThe contradiction between destocking is related. Therefore, in order to stabilize the countryCorn**, increasing reserves became a necessary measure. When internationalCorn, our country has taken advantage of this opportunityImportsnumber, expanding the size of the reserves.
ExceptImportsCornA significant increase in the number of 2023ImportsThe data also shows some new "signs". The first is BrazilCornThe rise of . With the first BrazilianCornArrival of a cargo ship, BrazilCornStarted exporting to the Chinese market. In 2023, Brazil against ChinaCornExports reached 12.81 million tons, accounting for the totalImports47% of the amount. At the same time, the United StatesCornExports to China have dropped sharply, accounting for only 263%。This means that Brazil has replaced the United States as our countryImportsCornThe number one country. This is followed by UkraineCornBack to the Chinese market again. Due to the impact of the Russian-Ukrainian conflict, UkraineCornof exports to China have fallen sharply. However, with the stabilization of the conflict and the active recovery of UkraineCornExport, UkraineCornExports to China grew rapidly, accounting for 2045%, second only to the United States. In addition, our countryImportsCornCountries such as South Africa, Argentina, Russia and Myanmar have also entered the Chinese market. This means our countryImportsCornIt has moved away from dependence on the United States and is moving in the direction of diversification.
For 2024ImportsCornsituation, depending on the countryCornThe demand gap has narrowed significantly, and after more than three yearsImports, our countryImportsCornof stocks have also entered the safe zone. At the same time, international food prices have stabilized. Therefore, it is expected in 2024 in our countryImportsCornThe number will drop significantly.
In short, in 2023, our countryImportsCornNot only has the number grown significantly, but there are also some new "signs". BrazilCornRapid rise, UkraineCornReturn to the Chinese marketImportsMore diversification. However, with the balance of domestic supply and demand and the stabilization of international food prices, the futureImportsCornis expected to fall. These changes have not only affected our countryCornThe best pattern of the market is also for the domesticCornThe development of the industry and the strategic choice have brought new tests and challenges. I hope that the future can be reasonably guidedImportsCornof the scale and channels to ensure domesticCornStable and sustainable development of the market.
Introduction:CornIt is the main planting crop in our country, and the relationship between supply and demand is tense for the countryFood securitySignificant significance. In recent years, with the fluctuation of the international grain market and the changes in domestic supply and demand,ImportsCornThe number and ** have also undergone new changes. This article will provide a detailed review of the 2023 yearImportsCornData is analyzed and interpreted, and future trends are envisaged.
Summary of arguments:ImportsCornThe volume has increased significantly in 2023, which is related to the return of international food prices, the balance of domestic supply and demand, andImportsDiversification of channels. However, with the adjustment of domestic supply and demand and the stabilization of international food prices, the future is expectedImportsCornThe number will be reduced. For our countryCornThe stability and sustainable development of the market need reasonable guidanceImportsscale and channel, down pairImportsCorndependence.