China: Garlic exports have reached a new minimum in 6 years

Published 2022년 4월 1일

Tridge summary

China, the global leader in garlic supply, consumption, and export, experienced a significant drop in garlic exports in February 2022, with a 49.7% monthly and 21.8% annual decrease, reaching a six-year low. The exports, which amounted to 208,900 tonnes, saw a total value of EUR 196 million. Despite the decline, the average export price for fresh or chilled garlic rose by 2.5% monthly and 1.5% annually to EUR 958 per tonne, and for dried garlic, it increased by 2.9% monthly and 7% annually to EUR 2,606 per tonne, marking a consistent upward trend since September 2021.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China is the world's largest supplier, consumer and exporter of garlic. Garlic in the world comes mainly from China. However, garlic exports hit a new low in February 2022, with much less fresh and chilled garlic exports. Garlic exports hit a record low in February According to customs data, fresh or chilled garlic exports in February 2022 were 69,900 tonnes and total exports were set at 208,900 tonnes; which amounted to EUR 67 million and EUR 196 million, respectively. The average export price was EUR 959 / t. The data shows that exports decreased by 49.7% month on month and by 21.8% year on year. This month's exports hit a new low for almost six years. Average export price of garlic continues to rise The average export price of fresh or chilled Chinese garlic was EUR 958 / tonne in February, up 2.5% per month (in the currency it is EUR 23.79 / tonne). On the other hand, the annual increase was EUR 14.30 / tonne, an ...

Source: E-warzywnictwo