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Analysis Of Garlic Market In March

The garlic export data from January to February 2022 is sluggish, and the international new crown epidemic is severe. The problems of port congestion, sea freight, and shipping schedules are prominent, and the overall export is bleak without the Indonesian quota. In March, with the decentralization of Indonesian quotas, the demand for garlic in Southeast Asian countries has increased, which has improved the overall export situation, and the export volume has achieved double growth compared with the previous month. This has played a pivotal role in easing the pressure on domestic inventories.
Garlic exports in March both increased year-on-year
In March 2022, China's total garlic export volume was 191,900 tons, an increase of 113.94% month-on-month and a year-on-year increase of 24.81%. In March, the export volume of garlic has changed from the weak trend in the past.
According to customs data, the export volume of fresh or refrigerated garlic in March 2022 was 164,200 tons, and the cumulative export volume was 373,200 tons; the export value was US$148.7186 million, and the cumulative export value was US$365.3911 million; the average export price was US$9.0563 / ton, the export volume increased by 134.91% month-on-month and 27.39% year-on-year. Data show that exports this month hit a new high in nearly six years compared to the same period last year.
The export volume of dried garlic was 20,900 tons, the export value was US$58.6279 million, and the average export price was US$2802.23/ton; the export volume increased by 44.14% month-on-month and 14.85% year-on-year. The overall demand for dried garlic is increasing year by year, and the United States is the largest importer of dried garlic.
Other fresh or refrigerated garlic, water garlic, garlic prepared or preserved with vinegar or acetic acid, frozen garlic and prepared or preserved garlic products exported a total of 6,800 tons, with an export value of US$12,388,400, a month-on-month increase of 28.3% %, a year-on-year increase of 1.49%.
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