China's garlic exports are recovering, and the outlook for international demand is promising

Published 2023년 1월 10일

Tridge summary

In November 2022, China saw a significant increase in garlic exports, with a total of 233,200 tons, up by 63,500 tons from the previous month and 24.48% year-on-year. The cumulative export volume from January to November reached 2.0365 million tons, marking a 5.35% increase over the same period in the previous year. Despite this, the total export value in November decreased by 12.87% year-on-year due to a drop in price. The peak demand was driven by Indonesia, with Vietnam and Malaysia also significant importers. The export price has decreased by over 30% compared to the previous year, but it is expected to rise modestly starting from late December. China's garlic export volume has increased due to low prices and high demand, with around 3.5 million tons of garlic in inventory.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to customs statistics, the total export volume of garlic in China in November 2022 was 233,200 tons, an increase of 63,500 tons month-on-month and 24.48% year-on-year. The cumulative export volume from January to November was 2.0365 million tons, an increase of 5.35% compared with the same period last year. In November 2022, the total export value of Chinese garlic was 216.7143 million US dollars, a month-on-month decrease of 3.8313 million US dollars, a decrease of 1.74%. A year-on-year decrease of 32.0027 million US dollars, a decrease of 12.87%. November is the peak season for garlic export. Indonesia concentrates on stocking and demand increases. China's export volume is at a relatively high level in six years. The main reason is that this year's low price has brought some positive support to exports, which has led to an increase in garlic export volume. In addition, the international market The demand for Chinese garlic is increasing day by day, coupled with the ...
Source: Guojiguoshu

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