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Dried Ginseng Market Overview 2026

Raw Materials
HS Code
121120
Last Updated
2026-04-04
Key takeaways for search and sourcing teams
  • Dried Ginseng market coverage spans 116 countries.
  • 196 exporter companies and 189 importer companies are indexed in the global supply chain intelligence network for this product.
  • 483 supplier-linked transactions are summarized across the top 11 countries.
  • 0 premium suppliers and 0 catalog items are currently listed.
  • Wholesale sample entries: 2; farmgate sample entries: 0.
  • Latest reference year in this page dataset is 2026.
  • Page data last updated on 2026-04-04.

Global Supplier Transactions, Export Activity, and Price Benchmarks for Dried Ginseng

Analyze 483 supplier-linked transactions across the top 11 countries, with monthly unit-price benchmarks to track export competitiveness and sourcing risk for Dried Ginseng.

Dried Ginseng Country YoY Change in Supplier Transactions and Export Momentum

Compare positive and negative YoY shifts in Dried Ginseng to identify accelerating supplier markets and weakening export corridors.
Top YoY shifts for Dried Ginseng: South Korea (+104.9%), South Africa (+60.2%), India (+53.9%).

Dried Ginseng Country-Level Supplier Transaction and Unit Price Summary

As of 2025-05, benchmark Dried Ginseng country transaction counts with monthly unit price and volume to prioritize supplier and export markets.
In 2025-10, countries with visible Dried Ginseng transaction unit prices: Spain (58.58 USD / kg), United States (19.68 USD / kg), Canada (16.72 USD / kg), China (6.89 USD / kg), India (6.00 USD / kg), 1 more countries.
CountryYoY ChangeTransaction Count2025-052025-062025-072025-082025-092025-102025-112025-122026-012026-022026-032026-04
China-15.4%4316.43 USD / kg (96,780.5 kg)3.41 USD / kg (47,228.2 kg)2.64 USD / kg (48,838.9 kg)10.29 USD / kg (16,833 kg)13.76 USD / kg (56,380.4 kg)6.89 USD / kg (105,770.2 kg)
Canada-5.1%24- (-)- (-)9.17 USD / kg (-)- (-)37.81 USD / kg (762.035 kg)16.72 USD / kg (178,576.119 kg)
South Africa+60.2%3- (-)260.00 USD / kg (10 kg)- (-)- (-)- (-)- (-)
United States-15.6%9- (-)- (-)- (-)2.30 USD / kg (80 kg)116.90 USD / kg (400 kg)19.68 USD / kg (4 kg)
Taiwan-1- (-)- (-)- (-)- (-)- (-)- (-)
Peru-2- (-)19.23 USD / kg (53.82 kg)- (-)- (-)- (-)2.24 USD / kg (519.02 kg)
India+53.9%224.00 USD / kg (50 kg)- (-)- (-)- (-)- (-)6.00 USD / kg (350 kg)
Spain-2- (-)- (-)- (-)- (-)- (-)58.58 USD / kg (300 kg)
South Korea+104.9%2- (-)- (-)- (-)210.00 USD / kg (101 kg)13.84 USD / kg (6 kg)- (-)
Vietnam-0.5%61.38 USD / kg (28,000 kg)1.38 USD / kg (-)- (-)1.38 USD / kg (56,450 kg)- (-)- (-)
Dried Ginseng Global Supply Chain Coverage
385 companies
196 exporters and 189 importers are mapped for Dried Ginseng.
Exporters and importers can use Tridge Supply Chain Intelligence company profiles and analytics to identify counterparties for Dried Ginseng, benchmark reach, and prioritize outreach by market.

Dried Ginseng Export Supplier Intelligence, Trade Flows, and Price Signals

196 exporter companies are mapped in Tridge Supply Chain Intelligence for Dried Ginseng. Exporters and importers can use company profiles and analytics to evaluate supplier coverage, trading activity, and route opportunities.

Dried Ginseng Top Exporters and Supplier Profiles

Review leading exporter profiles while benchmarking against 196 total exporter companies in the Dried Ginseng supply chain intelligence network. Exporters and importers can unlock company profiles and analytics to qualify partners faster.
(Hong Kong)
Latest Export Transaction: 2026-03-04
Recently Export Partner Companies: 1
Employee Size: 51 - 100 Employees
Industries: Others
Value Chain Roles: Trade
(China)
Latest Export Transaction: 2025-08-27
Recently Export Partner Companies: 1
Industries: Crop Production
Value Chain Roles: TradeFarming / Production / Processing / Packing
(China)
Latest Export Transaction: 2026-03-04
Recently Export Partner Companies: 1
Industries: Crop ProductionFood ManufacturingOthers
Value Chain Roles: Farming / Production / Processing / PackingTradeFood Manufacturing
(Canada)
Latest Export Transaction: 2026-01-16
Recently Export Partner Companies: 1
Industries: Crop ProductionFood ManufacturingBeverage Manufacturing
Value Chain Roles: Food ManufacturingTradeFarming / Production / Processing / Packing
(China)
Latest Export Transaction: 2026-03-04
Recently Export Partner Companies: 1
Industries: Others
Value Chain Roles: Farming / Production / Processing / Packing
(Canada)
Latest Export Transaction: 2026-01-03
Recently Export Partner Companies: 1
Employee Size: 11 - 50 Employees
Sales Revenue: USD 1M - 5M
Industries: Others
Value Chain Roles: Logistics
Dried Ginseng Global Exporter Coverage
196 companies
Exporter company count is a key signal for Dried Ginseng supply depth and sourcing optionality.
Use Supply Chain Intelligence analytics to narrow Dried Ginseng opportunities by country, product, and value-chain role, then open company profiles to validate fit.

Top Exporting Countries for Dried Ginseng (HS Code 121120) in 2024

For Dried Ginseng in 2024, compare export volume and value across the top 10 supplier countries to map core supply structure.
RankCountryVolumeValueReport
1South Korea333,355.238 kg82,271,372 USDView →
2Canada2,976,002.894 kg56,222,008.223 USDView →
3United States428,357 kg38,981,717 USDView →
4Hong Kong290,041 kg13,514,229.681 USDView →
5Belgium2,521.45 kg670,350.82 USDView →
6Netherlands5,212.245 kg375,531.901 USDView →
7Germany4,763.188 kg240,876.195 USDView →
8Spain2,079.128 kg183,802.273 USDView →
9Thailand31,044.428 kg116,022.08 USDView →
10India13,190 kg88,067.322 USDView →

Dried Ginseng Export Trade Flow and Partner Country Summary

Track Dried Ginseng exporter-to-importer flows by value, volume, and share to uncover high-potential export routes.

Dried Ginseng Import Buyer Intelligence, Demand Signals, and Price Benchmarks

189 importer companies are mapped for Dried Ginseng demand intelligence. Use Supply Chain Intelligence company profiles and analytics to prioritize buyers, distributors, and downstream demand partners by market.

Dried Ginseng Top Buyers, Importers, and Demand Partners

Review leading buyer profiles and compare them against 189 total importer companies tracked for Dried Ginseng. Exporters and importers can use Supply Chain Intelligence company profiles and analytics to evaluate buyer quality and demand concentration.
(South Korea)
Latest Import Transaction: 2025-08-28
Recently Import Partner Companies: 1
Employee Size: 11 - 50 Employees
Industries: OthersFood Wholesalers
Value Chain Roles: -
(Vietnam)
Latest Import Transaction: 2025-12-26
Recently Import Partner Companies: 1
Industries: Food PackagingCrop ProductionFood Manufacturing
Value Chain Roles: -
(Vietnam)
Latest Import Transaction: 2025-12-27
Recently Import Partner Companies: 1
Industries: OthersCrop ProductionFood Manufacturing
Value Chain Roles: -
(Vietnam)
Latest Import Transaction: 2026-03-04
Employee Size: 1 - 10 Employees
Industries: Others
Value Chain Roles: -
(Vietnam)
Latest Import Transaction: 2025-12-02
Recently Import Partner Companies: 1
Industries: OthersFood PackagingFood Manufacturing
Value Chain Roles: -
(South Korea)
Latest Import Transaction: 2026-03-04
Recently Import Partner Companies: 1
Industries: Others
Value Chain Roles: -
Global Importer Coverage
189 companies
Importer company count highlights the current depth of demand-side visibility for Dried Ginseng.
Use Supply Chain Intelligence analytics and company profiles to identify active Dried Ginseng buyers, compare partner density by country, and refine GTM priorities.

Top Import Demand Countries for Dried Ginseng (HS Code 121120) in 2024

For Dried Ginseng in 2024, compare import volume and value across the top 10 demand countries to identify priority markets.
RankCountryVolumeValueReport
1Hong Kong1,005,025 kg83,929,349.2 USDView →
2Japan879,881 kg45,350,765.911 USDView →
3United States222,685 kg18,002,408 USDView →
4Canada127,111.608 kg6,124,120.265 USDView →
5Macao42,956.553 kg6,069,916.062 USDView →
6Malaysia246,734.784 kg4,743,719.755 USDView →
7Italy80,127 kg2,555,558.715 USDView →
8Germany20,268.131 kg1,085,929.586 USDView →
9United Kingdom37,458 kg703,490.212 USDView →
10South Korea17,118.482 kg523,881 USDView →

Dried Ginseng Import Trade Flow and Origin Country Summary

Analyze Dried Ginseng origin-to-destination trade flows by value, volume, and share to monitor demand-side sourcing channels.

Global Wholesale Supplier Price Trends by Country for Dried Ginseng

Dried Ginseng Monthly Wholesale Supplier Price Summary by Country

Monthly Dried Ginseng wholesale unit-price benchmarks by country for export and sourcing decisions.
Country2025-052025-062025-072025-082025-092025-102025-112025-122026-012026-022026-032026-04
South Korea------

Dried Ginseng Wholesale Price Competitiveness by Major Exporting Countries

Compare Dried Ginseng wholesale price ranges and YoY changes across the top 1 exporting countries to benchmark supplier price competitiveness.
RankCountryAverageLowerUpperYoYReport
1South Korea4.14 USD / kg4.14 USD / kg4.14 USD / kg-84.8%View →

Latest Dried Ginseng Wholesale Export Price Updates

Use the latest 2 Dried Ginseng wholesale updates to validate current export price points and origin-level supplier changes.
DateEntry NameUnit Price (USD) 
2025-04-01홍삼 ****** * *** ** ***** **20.68 USD / kg
2024-03-01홍삼 ****** * *** ** ***** **23.27 USD / kg

Classification

Product TypeRaw Material
Product FormDried
Industry PositionPrimary Agricultural Product

Raw Material

Commodity GroupMedicinal and functional botanical root
Scientific NamePanax ginseng C.A.Mey. (Asian ginseng) and Panax quinquefolius L. (American ginseng)
PerishabilityLow (dried), but moisture-sensitive
Growing Conditions
  • Temperate climate; multi-year cultivation with sensitivity to heat stress and excess moisture
  • Well-drained soils; disease pressure and soil management are critical due to long crop cycles
  • Often grown under shade structures or in forest-farming systems depending on region and production model
Main VarietiesAsian/Korean ginseng (Panax ginseng), American ginseng (Panax quinquefolius)
Consumption Forms
  • Sliced or whole-root decoctions/teas
  • Powdered form for supplements and functional foods
  • Extraction into concentrates for dietary supplements and beverages
Grading Factors
  • Species and origin verification
  • Root size/weight and uniformity
  • Root integrity (whole vs broken) and defect tolerance (mold, insect damage, discoloration)
  • Moisture content and storage stability
  • Ginsenoside/marker-compound profile (where specified)
  • Compliance with contaminant limits (pesticide residues, heavy metals, microbiological parameters)
Planting to HarvestMulti-year crop; commercial harvest commonly occurs after several years of growth, varying by species and production system.

Market

Dried ginseng is a globally traded medicinal root used in traditional medicine, dietary supplements, and functional foods, with trade shaped by quality differentiation (species, age, grade) and stringent regulatory scrutiny for residues and authenticity. Supply is concentrated in temperate production zones, notably China and the Republic of Korea for Panax ginseng and Canada and the United States for Panax quinquefolius. Because it is shelf-stable when properly dried and packaged, international trade is less constrained by cold-chain logistics than fresh botanicals, but highly sensitive to compliance, testing, and documentation. Demand is strongest in East Asia and in supplement markets in North America and parts of Europe, with distribution often flowing through established herbal-ingredient and health-product channels.
Major Producing Countries
  • ChinaMajor producer of Panax ginseng and other Panax species used in medicinal supply chains.
  • South KoreaMajor producer of Panax ginseng with established export-oriented processing and branding.
  • CanadaMajor producer of Panax quinquefolius (American ginseng), including cultivated supply for export.
  • United StatesProducer of Panax quinquefolius (cultivated and wild-harvested streams subject to trade controls).
Major Exporting Countries
  • South KoreaExports dried ginseng and value-added ginseng products through established health-product channels.
  • ChinaExports dried ginseng and ginseng-derived materials used in traditional medicine and supplement manufacturing.
  • CanadaKey exporter of Panax quinquefolius (American ginseng) in dried root form.
  • United StatesExports Panax quinquefolius, with documentation requirements for wild-harvested material where applicable.
Major Importing Countries
  • ChinaLarge consumer market with ingredient demand across traditional medicine and health products.
  • Hong KongHerbal trade and distribution hub for dried medicinal roots and related products.
  • United StatesSignificant dietary supplement market; imports tied to compliance with supplement and contaminant requirements.
  • JapanImports for health-product and traditional medicine uses under strict quality expectations.
  • VietnamImports for traditional-use and supplement channels; quality and authenticity are key buyer concerns.
Supply Calendar
  • Republic of Korea:Sep, Oct, NovUpstream harvest typically concentrates in autumn; dried product ships year-round.
  • Northeast China:Sep, Oct, NovAutumn harvest window for cultivation systems; dried roots support year-round export programs.
  • Canada / United States (American ginseng):Sep, Oct, NovCultivated and (where legal) wild-harvest supply flows; dried form reduces seasonality in trade.

Specification

Major VarietiesPanax ginseng (Asian/Korean/Chinese ginseng), Panax quinquefolius (American ginseng), Panax notoginseng (notoginseng; medicinal supply chains)
Physical Attributes
  • Whole dried roots, rootlets, slices, or cut pieces; appearance and integrity influence grade and price
  • Color and odor expectations vary by species and drying method; visible mold, insect damage, or excessive breakage are common rejection drivers
Compositional Metrics
  • Moisture content (low moisture to reduce mold risk and preserve shelf stability)
  • Ginsenoside profile and/or marker-compound testing used in pharmacopeial and supplement specifications
  • Contaminant limits commonly assessed include pesticide residues, heavy metals, and microbiological parameters
Grades
  • Species-verified and origin-traceable grades (Panax ginseng vs Panax quinquefolius) are routinely differentiated in trade
  • Commercial grading often considers root size/weight, age class claims (where regulated/verified), appearance, and defect tolerance
  • Pharmacopeial/monograph-based specifications (national pharmacopoeias and recognized compendia) are commonly referenced in regulated channels
Packaging
  • Moisture-barrier inner packaging (sealed bags/pouches) within cartons for bulk trade
  • Vacuum-sealed or tightly sealed retail packs for premium whole roots and slices; desiccants may be used to control humidity
  • Light- and odor-protective packaging used to reduce quality deterioration during storage and distribution
ProcessingDrying stability depends on maintaining low moisture and humidity control; rehydration during transit/storage increases mold and quality-loss riskSlicing/powdering increases surface area and can increase oxidation and moisture pickup, raising packaging and handling requirements

Supply Chain

Value Chain
  • Multi-year cultivation/forest farming → harvest → washing/trimming → drying → grading & species/origin verification → packaging → export documentation & testing → importer/distributor → ingredient users (supplements/foods) or retail
Demand Drivers
  • Traditional medicine use and gift-oriented premium segments (notably in East Asia)
  • Dietary supplement and functional-food demand in North America and parts of Europe
  • Use as an herbal ingredient in teas, extracts, and wellness beverages
Temperature
  • Typically stored and shipped as an ambient, shelf-stable product, but quality is sensitive to heat exposure and especially humidity
  • Dry, cool storage and protection from moisture pickup are central to preventing mold and preserving marker-compound integrity
Atmosphere Control
  • Moisture- and oxygen-barrier packaging reduces oxidation and humidity ingress; desiccants are often used in packs for additional moisture control
  • Pest prevention and clean, dry storage conditions reduce insect infestation risk during warehousing
Shelf Life
  • Shelf life is generally long when moisture is controlled and packaging integrity is maintained; quality can deteriorate if exposed to high humidity, heat, or pests

Risks

Food Safety HighDried ginseng trade is highly vulnerable to regulatory actions driven by contaminant exceedances (e.g., pesticide residues, heavy metals, microbiological issues) and authenticity problems (species mislabeling, adulteration, or undeclared processing), which can trigger border detentions, import alerts, recalls, and rapid buyer de-listing.Implement lot-level traceability, accredited lab testing to target-market limits, robust supplier qualification, and documented species/origin verification; use GMP/HACCP-aligned controls where processing/packing occurs.
Fraud And Authenticity MediumHigh unit value and complex species/grade differentiation increase incentives for substitution (other roots), incorrect species labeling (Panax vs non-Panax), or overstated grade/age claims, undermining buyer confidence and increasing compliance exposure.Use standardized specifications, authenticated reference materials where applicable, and verification approaches such as DNA-based or marker-compound testing aligned to buyer requirements.
Climate MediumGinseng production depends on specific temperate growing conditions; heat stress, rainfall variability, and extreme weather can raise disease pressure and reduce root quality/yields, with impacts amplified by multi-year production cycles.Diversify origins/species where feasible, monitor agronomic risk indicators, and maintain multi-season procurement planning due to long crop cycles.
Regulatory Compliance MediumBotanical products face fragmented regulatory regimes across markets (food vs supplement vs traditional medicine), including labeling, allowable claims, contaminant limits, and (for some supply streams) wildlife trade documentation requirements, creating shipment and commercialization risk.Map target-market regulatory pathways early, maintain compliant documentation (including CITES permits when applicable), and align labeling/specifications to the intended regulatory category.
Sustainability
  • Wild-harvest pressure and illegal collection risks for wild American ginseng, with biodiversity concerns and trade controls under CITES
  • Soil health and agrochemical stewardship challenges associated with long-duration cultivation cycles and disease pressure
  • Traceable, legally sourced supply expectations are increasing for forest-derived or wild-sourced materials
Labor & Social
  • Illicit harvesting/poaching and informal supply chains can create legal and community impacts in wild-sourced ginseng regions
  • Supply-chain transparency and traceability expectations are high due to fraud/adulteration risks in high-value botanicals

FAQ

Which ginseng species are most common in global dried-root trade?The main species referenced in global trade are Panax ginseng (often marketed as Asian/Korean/Chinese ginseng) and Panax quinquefolius (American ginseng). Some medicinal supply chains also trade Panax notoginseng, typically for traditional medicine applications.
What are the most important quality checks for dried ginseng in international trade?Buyers commonly focus on moisture control (to reduce mold risk), identity/authenticity (correct Panax species and verified origin), and compliance testing for contaminants such as pesticide residues, heavy metals, and microbiological parameters. Packaging integrity and defect tolerance (breakage, insect damage) are also frequent acceptance criteria.
Why can wild American ginseng create extra trade and compliance risk?Wild American ginseng is associated with sustainability and legality concerns, including illegal harvesting/poaching and biodiversity impacts, and it is subject to wildlife trade controls under CITES. These factors can require additional documentation and increase the risk of shipment disruption if sourcing and permits are not fully compliant.
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