Garlic Exports Hit A Six-Year Low In August,And Future Exports May Open A Downward Channel
In August 2022, China's total garlic export volume was 175,800 tons, down 27.55% month-on-month and 26.90% year-on-year. From January to August, the cumulative export volume was 1.4227 million tons, a year-on-year increase of 4.37%. As a whole, due to weak foreign demand in August, Indonesia's purchasing intensity increased in July, and the corresponding decrease in August was affected, and the export situation in a single month was lower than expected.
Specifically: According to customs data, the export volume of fresh or refrigerated garlic in August 2022 was 157,600 tons, a decrease of 27.55% month-on-month and a year-on-year decrease of 26.81%; the export volume of dried garlic was 15,600 tons, and the export volume was 15,600 tons. The month-on-month decrease was 11.09%, and the year-on-year decrease was 19.82%; the total export volume of other fresh or refrigerated garlic, water garlic, garlic made or preserved with vinegar or acetic acid, frozen garlic and prepared or preserved garlic products was 2,500 tons. The month-on-month decrease was 66.54%, and the year-on-year decrease was 54.71%.In August 2022, the total export value of China's garlic was US$177.901 million, a month-on-month decrease of US$57.3195 million or 24.37%. A year-on-year decrease of $92.139 million, or 34.12%.
In August 2022, the average export price of China's garlic was US$1,011.94/ton, a month-on-month decrease of US$42.62/ton, or an increase of 4.40%. It fell by $110.98 per ton year-on-year, or 9.88%.
3. Indonesia’s monthly imports have dropped significantly
The global distribution of garlic is mainly concentrated in China, Spain, Argentina and the Netherlands. The export status of these four countries has basically maintained a stable position in the past 20 years. China's export volume ranks first in the world, with an annual export of about 2 million tons, accounting for 66% of the world's total export volume.
In August 2022, China exported garlic to 130 countries, the largest exporter of which was Indonesia, the world's largest importer of garlic. Followed by Vietnam and Malaysia. Among them, the total import volume of garlic in Indonesia in August was 32,300 tons, accounting for 18.37%, a decrease of 41,700 tons or 56.35% month-on-month; Vietnam's total import volume was 17,000 tons, accounting for 9.68%, a month-on-month decrease of 5,500 tons. ton, a decrease of 24.44%; Malaysia's import volume was 15,900 tons, accounting for 9.05%, a decrease of 0.2 million tons or 1.24% month-on-month. On the whole, Southeast Asia is the main demand market for Chinese garlic, and Indonesia's demand this month has dropped significantly compared with the previous month.
4. Garlic exports in all provinces have declined to varying degrees
Global garlic sees China, and Chinese garlic sees Shandong. Shandong Province accounts for about 60% of the country's total exports. Specifically; in August 2022, the main export provinces of China's garlic are Shandong, Jiangsu and Henan. Among them, the export volume of Shandong Province in August was 124,000 tons, accounting for 70.52%, a decrease of 6,500 tons or 4.98% from the previous month. The total export volume of Jiangsu Province in August was 20,100 tons, accounting for 11.45%, a decrease of 10,500 tons or 34.31% from the previous month. The export volume of Henan Province in August was 9,300 tons, accounting for 5.27%, a decrease of 6,100 tons or 39.61% from the previous month. On the whole, the export of garlic in all major provinces declined in August.
In September, China's garlic export was affected by the busy agricultural production in the production area, and the manpower was relatively tight. Some exporting countries will reduce export orders accordingly. Judging from the export situation of garlic in September over the years, the export began to enter a downward channel in September, and it was only in November to usher in a boost in demand.
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