News

Chinese garlic exports hit record high in March

Updated May 4, 2022
In March, the garlic stock showed an unclear recovery, but the price increase was not clear and the market fluctuated at a low level throughout the month. With the arrival of new garlic, the amount of garlic in storage is eagerly reduced and the pressure on the supply side cannot be underestimated. At the same time, quality issues such as frozen toes, softness and budding in storage surface in an endless stream.
Some sellers with less good garlic take the initiative to lower the price in order to sell. Due to the pandemic, demand in the domestic market is limited and traders with rigid demand are cautiously buying up the goods. Although exports gave the market a boost in the second half of the season, market growth is weak. Overall, the price this month is still at a new low since the store opened. Export Summary China's total exports of garlic were 191,900 tons in March 2022, with a total value of €208,463,567 (including fresh or chilled garlic, dried garlic, pickled garlic, garlic preserved in vinegar or acetic acid). The quantity of fresh or chilled garlic was about 164,200 tons, an increase of about 27.4% compared to the same period last year (128,900 tons). Total export value was €141,107,235, an increase of approximately 10.6% yoy compared to the value of €127,483,322 in the same period last year. In March 2022, the top ten countries/regions receiving China's fresh or chilled garlic ...
Source
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.