Thursday, 25 July 2013

Recent Market Report: China Cold Chain Logistics Market Analysis Industry 2013


Description

The 12th Five-Year Planning concerning cold chain logistics was issued in 2011 following the release of Farm Produce Cold Chain Logistics Development Planning by National Development and Reform Commission (NDRC) in 2010. Thanks to these plannings, China cold chain logistics industry has seen exceedingly rapid development in recent years.




In 2012-2013, the development of cold chain logistics industry features:

1. Driven by preferential policies and soaring market demand, China’s demand for refrigerated vehicles saw an upward mobility year by year, with the output of heat preservation vehicles growing by 10% in 2005-2010 up to 13.8% in 2011-2012. In 2012, the heat preservation vehicle output in China hit 7,063. In particular, major heat preservation vehicle producers including FOTON, ZHENJIANG SPEED AUTOMOBILE CO., and CIMC all enjoyed the market share of at least  10%.

2. The cold storage presents unreasonable structure despite constant rapid progress. As of late 2012, the statistics showed that the gross volume of cold storage in China surged by roughly 20% year-on-year to 85.35 million sq meters, of which, congelation cold storage (including ice store)’s volume registered 55.02 million cubic meters, refrigerant cold storage (including air-conditioned cold store) 30.15 million cubic meters and ultra-low temperature freezer 180,000 cubic meters. In terms of cold storage construction, the nationwide top three comes to Henan Zhongpin Fresh Food Logistics Co., Ltd., Wuhan Wandun Cold Storage Logistics Co., Ltd. and Shandong Gaishi Agricultural Trade.



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