Study On China Oilseeds And Vegetable Oils Import

As the income rises, consumption of vegetable oils increases obviously. Oilseeds and vegetable oils have became one of the greatest kind of importing agricultural products, and more and more lie on the world market. The consumption mainly relies on great amount of imports, while domestic production of main oilseeds stands and indigenous processing enterprises have gradually been controlled by foreign capital. As an important part of CPI, vegetable oils' prices are influenced by world prices, which is disadvantegeous to people's life and macroeconomy. The problem of edible oil supply is more and more important as it is the part of food supplies security.The disadvantegeous of oilseeds and vegetable oils import arouse the government recogniton. Chinese government gives out some policies in order to develop oilseeds production and control domestic prices. However, openness of oilseeds and vegetable oils' markets makes greater import, which leads greater reliance on world market. So we also face a grime situation. In order to develop domestic vegetable oil industry and improve autarky ratio, this paper concetrate on oilseeds and vegetable oils' import, analyses the factors which influence import and some problems, give some contermeasures.This paper chooses soybean, rapeseed, palm oil, soybean oil and rapeseed oil to represent the whole oilseeds and vegetable oils. The whole paper is composed of seven chapters, which are as follows.The first chapter is introduction of the paper, which includes the background and meaning, objects and the main content, analyse path and methods, data resouces, correlative disquisition, some innovation and scarcity of this paper, and the research expectation.The second chapter introduces Chinese oilseeds and vegetable oils' import situation, which mainly includes the import and export volume during 1987-2008, breed composition of import, main products' import volume and sources, China status on the world market. We find that China is a net import country of oilseeds and vegetable oils, with a high concentration of import sources, and have an important status of oilseeds and vegetable oils' production, consumption and import. China has become the greatest import country of soybean, palm oil and soybean oil. The third chapter analyses the influence factors of import. The factors are analysed qualitatively at first, and then constructs models. The conclusion is that soybean and palm oil have great influence on other products' import, rapeseed import is complementarity of domestic production, soybean oil and rapeseed oil are substitution of soybean and palm oil import, and tariff reduction of soybean in 1996 changed soybean and palm oil import structure, entering the WTO has great influence on rapeseed oil import.The forth chapter is an analysis of import soure places. This chapter introduces the main import and export countries of world, which tells us that the seller's and buyer's markets are oligarchically monopolized, but monoplization degree is higher for the front one. An Almost Ideal Demand System is used to estimate expenditure and price elasticities in the Chinese oilseeds and vegetable oils import market to assess the comparative position of the market participants. Results for expenditure elasticities indicate that the Brazil soybean and soybean oil, Canada rapeseed, Indonesia palm oil and Germany rapeseed oil gains over imports when Chinese consumers' total expenditures increase. In order to analyze the reliability of importing source, we calculated some index. The conclusion is that soybean and soybean oil have the greatest reliability of importing source, rapeseed and rapeseed oil have the lowest, and palm oil is between them. In one word, the importing source of oilseeds and vegetable oils is ultimately reassuring.The fifth chapter analyses market integration of intra- and inter-national oilseeds and vegetable oils' markets. Our results confirm market integration in long-term and in short-term except international peanut price and rapeseed price. International prices have strong influences on intranational prices, while intranational prices have a little influence on international prices. After analysing the relationship of import prices and quantities, we find they are positively correlated, which is because we don't have the pricing right.The sixth chapter is an analysis of import influences. The industry of palm oil, soybean and soybean oil are in crisis, rapeseed is not safe, and rapeseed oil is basically safe. The huge import makes the whole industry in crisis. In order to judge the consequences for domestic production and welfare, this chapter calculates the Armington substitution elasticity and import welfare fluctuation value. In short-term, import has a little shock on domestic production. Long-term elasticity is so huge that import would have struck domestic production and reduced welfare if we didn't develop production. Reduction of import welfare is mainly caused by lack of pricing right. The huge import reduces the producers' and consumers' welfare.The last chapter is conclusion and policy advice. On basis of the fomer conclusions, we bring forward the whole policy design path and particular countermeasures. The policy must put the producers' benefit first. Domestic policy is the main part, while the trade policy assists domestic policy. If government put these policies in practice, the social welfare would have been improved.In a word, this paper find some rules of oilseeds and vegetable oils' import. Such as import influence factors and resouce places' status in Chinese market. Also this paper brings forward some problems of import. Such as high concentration of import source places, development of bio-energy reduce the security of world market, lack of pricing right. The huge import make the vegetable oil industry in crsis, and reduce the social welfare. So we must develop domestic production and improve autarky ratio.