Chinese garlic exports fall

게시됨 2021년 7월 19일

Tridge 요약

The article provides an overview of China's garlic market and export dynamics over the past six months, focusing on the period from May 2021. It highlights a slight market shift towards the new garlic crop and a decline in export volumes, with a 20.26% decrease in exports from January to May 2021 compared to the previous year. Despite increased supply and improved quality, international demand has been somewhat reduced, leading to higher prices but fewer orders. Factors such as shipping container shortages, increased shipping costs, and the depreciation of the Chinese Yuan have further challenged the export sector, contributing to a downward trend in both price and supply. The article notes that this situation is negatively impacting Chinese garlic export companies, indicating a challenging period ahead for the sector.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

The new garlic crop gradually entered the Chinese market in May. Both supply and trade have increased as the garlic drying process continued and quality improved. International garlic trade data shows that China exported approximately 634,700 tons of fresh and frozen garlic between January and May 2021. That is 161,300 tons less than the 796,000 tons of 2020. China's garlic exports have fallen by about 20.26%. The top ten export markets for Chinese garlic in May were Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Brazil, Bangladesh, Sri Lanka, Saudi Arabia and the United Arab Emirates. International garlic trade data also shows that China exported 118,600 tons of fresh and frozen garlic in May alone. That is less than the 145,000 tons in April. Chinese garlic exports fell 18.21%. The new crop of fresh garlic gradually started to take over the market in May and at the same time some of the better growing areas started to supply high quality dried garlic that meets export ...

출처: AGF