News

Chinese garlic has become even cheaper, the demand for it is increasing

Fresh Garlic
China
Published Dec 4, 2022

Tridge summary

Even last year's stocks weighed on the Chinese market when the new crop arrived. Europe is not China's most important buyer of garlic, but the cheap Asian product is now available for the local market.

Original content

In October 2022, China's garlic exports were 218,000 tons, of which fresh or chilled garlic accounted for about 192,000 tons. At this time last year, 178,000 tons of garlic left the Asian country, an increase of about 8 percent. However, the export revenue measured in dollars fell by more than 17 percent. The reason for this is that China started the sales season with large stocks from last year, which was also realized by this year's excellent harvest. Although in Europe we feel that the local market is flooded by Chinese garlic, the 8 most important target markets for Asian traders are located in neighboring regions: Indonesia, Vietnam, Malaysia, United Arab Emirates, Philippines, Thailand, Bangladesh, Pakistan, Russia. In Southeast Asian countries such as Vietnam, Malaysia, Bangladesh, Myanmar, demand increased by 40-170% year-on-year, and in the West Asian region by 30-40%. Traders also demanded more garlic from the Netherlands. In Europe, demand is motivated by two factors: ...
Source: MezoHir
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