Garlic exports from China hit record low in February

Published 2022년 3월 25일

Tridge summary

China, the world's leading garlic supplier, has seen a significant decrease in garlic exports, hitting a record low in February 2022 with a 49.7% monthly and 21.8% annual drop. This decline, the most severe in nearly six years, is attributed to various factors including the disruption caused by the pandemic, increased shipping risks, labor costs, and return rates. The average export price of fresh or chilled garlic has risen by 2.5% from the previous month. Meanwhile, the average export price of dried garlic has surged by 2.9% monthly and 7% annually.
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. Most of all garlic in the world comes from China. But garlic exports hit a new low in February 2022, with much less fresh or chilled garlic exports. Garlic exports hit record lows in February According to customs data, fresh or chilled garlic exports reached 69,900 tons in February 2022, and cumulative exports were 208,900 tons; the export value was €67 million and the cumulative export value was €196 million; the average export price was €959/tonne, exports decreased by 49.7% month-on-month and by 21.8% year-on-year. The data shows that exports this month hit a new low in nearly six years. The traditional Chinese festival of Spring Festival also falls in February. Most packing company workers return to their home towns for the festival, so labor was hard to find and export orders tended to decline. Moreover, the quota for Indonesia has not yet been allocated and exports continue to shrink. While not high in ...
Source: AGF

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
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.