China exported a total of 1.72 million tons of fresh and chilled garlic from January to October of this year, i.e. 32.31% more than the 1.30 million tons it shipped in the same period of 2019.
In the month of October alone, Chinese garlic exports reached 179,800 tons worth 188,551,300 dollars. Fresh and chilled garlic exports totaled 154,100 tons this month, which is 14.50% higher than the 134,600 tons of the same month last year. The value of these exports amounted to 131,645,200 dollars, i.e. 11.63% lower than the 148,976,700 dollars achieved in October of last year.
There was a new wave of orders from foreign markets after the Asian country celebrated China's National Day and its Mid-Autumn Festival (both on October 1, 2020). Indonesia continues to be the largest importer of Chinese garlic. Demand from Southeast, South, and West Asian countries, as well as South American countries, has increased.
Chinese garlic processing factories are buying the product and prospects in the export market remain good.
China has a strong competitive position in the international garlic market and demand from domestic and foreign buyers is high this month. As speculators have also entered the garlic market, the price is still on the rise.
Source: 51garlic.com / agraria.pe