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China Fishmeal Supply & Demand Estimates (July, 2019)

2019-07-25 www.cofeed.com
Fishmeal Supply & Demand Estimates (July, 2019)
Item/Year 2011 2012 2013 2014 2015 2016 2017 2018 2019
Est. Est. Est. Est. Est. Est. Est. Est. July Proj.
Beginning Stocks 18.2 18.8 13.1 16.15 8.18 16.8 10.8 9 17
Imports 121 125 98 104 103 104 158 145 142
Production 70 78 58 50 44 17 27 38 43
Total Supply 209.2 221.8 169.1 170.15 155.18 137.8 195.8 192 202
Consumption 190 208.6 152.85 161.87 138.28 125.5 186.7 174.9 184.9
Exports 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Total Use 19.01 208.7 152.95 161.97 138.38 125.6 186.8 175 185
Ending Stocks 18.8 13.1 16.15 8.18 16.8 10.8 9 17 17
Stock-to-use Ratio 9.87% 6.28% 10.56% 5.05% 12.14% 8.60% 4.82% 9.71% 9.19%
Remarks Marketing Year: January to December; Unit: 0'000 tonnes