Starch World "Network Enterprise's Journey Across Ten Thousand Miles - Overview of Xinjiang Potato Industry

1、 Geographical location: Xinjiang is located in the northwest region of China, in the hinterland of the Eurasian continent, with an area of 1.665 million square kilometers and a population of 26 million. It borders eight countries including Russia, Kazakhstan, and Pakistan;

2、 Potato production: In 2024, the potato planting area will be about 300000 mu, and the potato production will be about 1.5 million tons (of which, the production in Zhaosu County may exceed 1 million tons), with a year-on-year increase of 100%;

3、 Potato prices: Currently, there are contract orders of 800-850 yuan/ton in the northern Ili region, while there are no orders of 500-600 yuan/ton (priced by variety). In the southern region, the price ranges from 600-700 yuan/ton;

4、 Starch factories: There are about 13 potato starch factories in production in the autumn of 2024, including two large factories (Tianshan Snow and Wannong), whose output accounts for more than 47% of the total output;

5、 Factory overview: 1. Most of the factory equipment has undergone technical transformation and upgrading in recent years. The equipment is mainly domestic, and the progressiveness is at the middle level in China. 2. The product mainly produces potato starch, with a low proportion of deep processing. Regarding paid products, most companies mainly sell potato chips, and only a few large enterprises produce protein powder. 4. The automation and intelligence level of large enterprises is relatively good, but that of small and medium-sized enterprises is relatively poor. 5. The overall enterprise management and employee quality are average. 6. The average monthly salary of frontline employees is between 10000 and 12000 yuan, which is significantly higher than the average of peers;

6、 Starch production: Currently, there are sufficient raw materials, normal production, and maximum production capacity. 2. The powder content of raw materials is mostly between 15-18%, with some reaching as high as 22%, but the proportion is not high. 3. The average flour yield is between 15-16% (6-7 tons of potatoes per ton of flour), with moderate electricity and water consumption, but the overall cost is relatively high.

7、 Environmental protection situation: Currently, relevant environmental protection facilities are in operation, among which large enterprises have better operating quality, and the treated wastewater is mostly used for agricultural irrigation;

8、 Starch production: It is expected that the total potato starch production in Xinjiang this year will reach a historical high of about 170000 tons, with the largest production area being Zhaosu County, with a production of about 100000 tons;

9、 Product sales: Currently, the ex factory price of potato starch is 5600-5800 yuan/ton, with average shipment volume and high inventory;

10、 Factory benefits: The economic benefits have significantly declined compared to last year, and currently most enterprises are only in a state of low profit;

11、 Overall evaluation: The potato industry in Xinjiang is thriving and promising, and may become a rising star in the future! (You can wait and see)

(For reference only, please revise accordingly, thank you)   

  Starch World Network          

  2024.10.16