“The price of China garlic has shown an upward trend when the Chinese Spring Festival approaches, mainly because speculating traders initially hoard garlic, and only later did they slowly deliver their stock. The China garlic market is a speculation market. The volume of garlic still in storage in Jinxiang County is huge. An estimated about 20%-30% of last year’s harvest is currently in storage. The garlic in storage will undoubtedly enter the market together with fresh garlic later this year. This is when speculating traders may earn a profit, but their speculation is not beneficial for the overall market.” This is according to China Pioneer Garlic Group.
“As for the new production season, early-season garlic from Yunnan already entered the market in March, and early-season garlic from Henan also recently entered the market. However, the product quality of such early-season varieties is not good enough for overseas export. They are only suitable for the domestic market. Garlic from Shandong will only enter the market in late May. Overseas buyers are waiting for the price to come down and the product quality to go up. Therefore, the current garlic market is in a slow season during much of April and May, until trade picks up again in late May.”
“The overall export price of Chinese garlic is stable in a high position, and the export volume did not decline compared with last year. We expect the overall production volume of Chinese garlic to decline by around 15% compared with last year. Still, supply will continue to exceed demand. This is mainly because excessive production last year means that warehouses are stocked with last year’s garlic.”
Package process and well-packaged garlic:
Garlic price influence factor:
What is the critical factor influence the garlic price in the world market? How can I find the right time to fix the import contacts? And how can I forecast the trend of the cost?
These questions are always the most concerned with both the sales and buyers. It is quite difficult to have an accurate solution, but the following items will guide you with clear self-judgment.
1-The fresh garlic price is controlled by the China main garlic market as following, particular by the Jinxiang County since the highest yield and export volume.
|Province||Name of County/City which named main garlic market|
|Shandong||Jinxiang County; Cangshan County; Laiwu City.|
|Henan||Zhongmou County; Qixian County|
2-Price are set according to supply and demand. It is the same logic as the Stock Market. More buyer means more opportunities the price is upward, more sales means more opportunities price is downward.
3-Consider the price of the last two years. Once the price is at a low level for a few years, which probably caused more farmers to choose other crops to grow. That means there is going to be low yield expectation. Then the specular have high expectation about the price when they want to store the garlic raw materials since they assume the limited supply of the new crop. Please heads up that even they estimate the supply is limited, lots of old stock will give the false appearance about the total volume increase in the market.
4- Another key factor during the garlic business it the cultivated area forecast. Such as the year of 2018, garlic price is at the low level. The 2019 new garlic cultivated area is decrease as usual, which caused China fresh garlic raw material to increase at the beginning of 2019. Still, once there is much more supply in the market since the yield per hectare much higher than last year, the price decrease continually.
Normal white garlic and pure white garlic ready to export:
Where can find a reliable garlic export partner?
Most important should choose the one original from the main garlic market.
China Pioneer Garlic Group, located in Jinxiang County, the capital of China garlic, has more than 10+ years’ experience in garlic export. We have four own factories to produce kinds of garlic products like fresh garlic and dehydrated garlic.
Our customers come from over 50 countries around the world. Our garlic is mainly exported to Brazil, Ecuador, Kuwait, Dubai, Senegal, Colombia, Costa Rica, Kenya, Turkey, Russia, and Turkey. If you have any questions, please feel free to contact us.
China Pioneer Garlic staff visit the customer in Ecuador: