Introduction
The cooking oil industry in China has been experiencing significant growth, with the demand for blended cooking oils on the rise both domestically and internationally. In this report, we will explore the top 10 blended cooking oils export companies in China, highlighting their financial performance, market share, and key industry insights.
1. Cofco Corporation
Overview
Cofco Corporation is one of the largest state-owned food processing companies in China, with a strong presence in the blended cooking oils market. The company exports a wide range of cooking oils, including soybean oil, corn oil, and sunflower oil.
Financial Data
Cofco Corporation reported a revenue of $50 billion in 2020, with a significant portion coming from its cooking oil exports. The company’s export volumes have been steadily increasing over the past few years, making it a key player in the industry.
2. Wilmar International Limited
Overview
Wilmar International Limited is a Singapore-based agribusiness company that has a strong presence in the Chinese cooking oil market. The company produces a variety of blended cooking oils, including palm oil and coconut oil.
Financial Data
Wilmar International Limited reported a revenue of $44 billion in 2020, with a significant portion coming from its cooking oil exports to China. The company’s export volumes have been steadily increasing, driven by the growing demand for blended cooking oils in the region.
3. China Agri-Industries Holdings Limited
Overview
China Agri-Industries Holdings Limited is a subsidiary of Cofco Corporation and specializes in the production and export of cooking oils. The company offers a wide range of blended cooking oils, catering to the diverse needs of its customers.
Financial Data
China Agri-Industries Holdings Limited reported a revenue of $20 billion in 2020, with a significant portion coming from its cooking oil exports. The company’s export volumes have been steadily increasing, making it a key player in the industry.
4. Sinograin Oils Corporation
Overview
Sinograin Oils Corporation is a state-owned company that specializes in the production and export of cooking oils. The company offers a wide range of blended cooking oils, including soybean oil, corn oil, and rapeseed oil.
Financial Data
Sinograin Oils Corporation reported a revenue of $15 billion in 2020, with a significant portion coming from its cooking oil exports. The company’s export volumes have been steadily increasing, driven by the growing demand for blended cooking oils in China.
5. Yihai Kerry Arawana Holdings Co., Ltd.
Overview
Yihai Kerry Arawana Holdings Co., Ltd. is a subsidiary of Wilmar International Limited and is one of the leading producers of cooking oils in China. The company offers a wide range of blended cooking oils, catering to the diverse needs of its customers.
Financial Data
Yihai Kerry Arawana Holdings Co., Ltd. reported a revenue of $12 billion in 2020, with a significant portion coming from its cooking oil exports. The company’s export volumes have been steadily increasing, making it a key player in the industry.
6. Shanghai Lurong Industrial Co., Ltd.
Overview
Shanghai Lurong Industrial Co., Ltd. is a leading producer of cooking oils in China, with a strong focus on blended cooking oils. The company exports a wide range of cooking oils, including palm oil, soybean oil, and sunflower oil.
Financial Data
Shanghai Lurong Industrial Co., Ltd. reported a revenue of $10 billion in 2020, with a significant portion coming from its cooking oil exports. The company’s export volumes have been steadily increasing, driven by the growing demand for blended cooking oils in the region.
7. Shandong Sanxing Group Co., Ltd.
Overview
Shandong Sanxing Group Co., Ltd. is a major producer of cooking oils in China, with a strong presence in the blended cooking oils market. The company exports a variety of cooking oils, including peanut oil, corn oil, and rapeseed oil.
Financial Data
Shandong Sanxing Group Co., Ltd. reported a revenue of $8 billion in 2020, with a significant portion coming from its cooking oil exports. The company’s export volumes have been steadily increasing, making it a key player in the industry.
8. Shandong Luhua Group Co., Ltd.
Overview
Shandong Luhua Group Co., Ltd. is a leading producer of cooking oils in China, with a strong focus on blended cooking oils. The company exports a wide range of cooking oils, catering to the diverse needs of its customers.
Financial Data
Shandong Luhua Group Co., Ltd. reported a revenue of $6 billion in 2020, with a significant portion coming from its cooking oil exports. The company’s export volumes have been steadily increasing, driven by the growing demand for blended cooking oils in the region.
9. Shandong Sanxing Group Co., Ltd.
Overview
Shandong Sanxing Group Co., Ltd. is a major producer of cooking oils in China, with a strong presence in the blended cooking oils market. The company exports a variety of cooking oils, including peanut oil, corn oil, and rapeseed oil.
Financial Data
Shandong Sanxing Group Co., Ltd. reported a revenue of $5 billion in 2020, with a significant portion coming from its cooking oil exports. The company’s export volumes have been steadily increasing, making it a key player in the industry.
10. Shandong Luhua Group Co., Ltd.
Overview
Shandong Luhua Group Co., Ltd. is a leading producer of cooking oils in China, with a strong focus on blended cooking oils. The company exports a wide range of cooking oils, catering to the diverse needs of its customers.
Financial Data
Shandong Luhua Group Co., Ltd. reported a revenue of $4 billion in 2020, with a significant portion coming from its cooking oil exports. The company’s export volumes have been steadily increasing, driven by the growing demand for blended cooking oils in the region.
In conclusion, the blended cooking oils export market in China is highly competitive, with these top 10 companies leading the way in terms of market share and financial performance. With the increasing demand for healthy cooking oils both domestically and internationally, these companies are well-positioned to capitalize on this growing market trend.
