Chinese garlic export continues to gain momentum

China exported roughly 1.72 million tons of fresh and refrigerated garlic in the first 10 months of 2020. That is an increase of 421.9 thousand tons or 32.31% compared to the 1.3 million tons China exported in the same period last year.

International garlic trade data shows that China exported around 179.8 thousand tons of all kinds of garlic in October. This export volume had a value of 188,551,300 USD.

Fresh and refrigerated garlic accounted for roughly 154,100 tons of the Chinese garlic export volume in October. That is an increase of 14,50% in comparison with the 134,600 tons in the same month last year. The export value was around 131,645,200 USD, or 11.63% less than the 148,976,700 in the same month last year.

A new wave of orders from overseas markets followed in October after the festive period around Chinese National Day [1 October, 2020] and Mid-Autumn Festival [1 October, 2020] was concluded. Indonesia is still the largest importer of Chinese garlic. Demand from countries in Southeast Asia, South Asia, West Asia, and South America all increased. Chinese garlic processing factories have begun to purchase garlic again and prospects in the export market continue to look good.

Some overseas markets have adopted measures to handle the second wave of Covid-19. These measures affect the regular export procedures of garlic, but the impact of these measures on Chinese companies still remains uncertain at this stage. China has a strong competitive position in the international garlic market. Regular demand from domestic and overseas buyers is strong this month. And speculators have entered the garlic market, which further drives the price up.

Source: 51garlic.com


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