Businessmen from China discussed with the government of the Republic of Crimea the possibility of placing a greenhouse complex on the territory of the Nyzhnohirskyi Raion.
According to customs statistics, from January to November, China’s export volume of garlic reached 1.80 million tons and accrued a value of USD 3.11 billion.
In recent years, the price of garlic in China is subject to large differences due to increased production, combined with other factors. We study the reasons for a fairly strong fall in the price of garlic in 2017.
After China experienced a difficult season last year and the production was lower, many countries saw their chance to increase their market share. This year China came back with a large volume and is claiming its place on the world market again. These brands include the exporters in Peru. Other countries see opportunities in garlic cultivation, there are growers in Dominican Republic and
The export season for garlic began in June and ends in late March next year. Traders buy a large quantity of garlic at the beginning of the season, which leads to an increase of supply in the market of garlic. This accumulation of the product has led a decrease in the export price for Chinese garlic“, says Annie Chen,
Garlic is a bumper crop this year, but the price has fallen sharply. The wholesale price is now below 6 Yuan (USD 0.89) per kg, which is down more than 50 percent year-on-year. However, recent customs data shows a separate pattern for the export price.
July 20 the Bureau of Customs seized on three 40 feet containers of onions and garlic worth $ 4.2 million at the Manila International Container Port (MICP) after it found that not all of the agricultural products were covered by an import permit.
Prices decreased by 75,52% compared with the first half of this year. The highest price was of 9.60 yuan per kg ($ 1,41). As of the beginning of July 2017 the wholesale* price of garlic is:
According to a study conducted by the Chinese agricultural company Jining Greenstream Fruit & Vegetables, in 2016 garlic production in all of China was about 284,650 hectares. In the same year they reached 333 333 hectares. Thus, the area under garlic increased by about 48,000 hectares.
According to the latest statistics of the market, within just one week the price of garlic in China is rapidly declining.