The overall export prices of Chinese herbal medicines and decoction pieces tend to be flat

Although global inflationary pressures further increased in the first half of the year, the world economy as a whole continues its recovery trend last year. China's pharmaceutical foreign trade has accelerated its pace of growth, and foreign trade in Chinese herbal medicines and decoction pieces has continued to grow at a rapid rate.

It can be seen that despite the further increase in global inflation pressure in the first half of the year, the world economy as a whole continues its recovery trend last year. China's pharmaceutical foreign trade has accelerated its pace of growth, and foreign trade in Chinese herbal medicines and decoction pieces continues to maintain its momentum of rapid growth.

Although the export price of Chinese herbal medicines and decoction pieces in the first half of the year rose by 38% year-on-year, it only rose by 0.74% month-on-month. This shows that the country's influence on price regulation has become increasingly apparent. The overall export prices of Chinese herbal medicines and decoction pieces have tended to be flat, and the export prices of large medicinal materials such as chrysanthemum, Atractylodes, and Codonopsis have decreased.

In the first half of the year, the top ten varieties of Chinese herbal medicines and decoction pieces for export were ginseng, rehmanniae, chrysanthemum, alfalfa, alfalfa, atractylodes macrocephala, dry alfalfa, white peony root, rhizome chuanxiong and codonopsis pilosula. Among them, the export value of eight species increased significantly year-on-year, with the largest increase in Sichuan and Chongqing. Up to 376.22%. The selected varieties are analyzed as follows:

In the first half of the year, the ginseng export price of ginseng decreased, and the export volume decreased by 21% year-on-year, the export price increased by 92% year-on-year, and the export volume reached 30.74 million US dollars, an increase of 51% year-on-year. At present, China’s major export markets for ginseng are Japan, China Taiwan, Italy, and Hong Kong. The countries with rapid export growth are France, Malaysia, and Italy.

In the first half of the year, the volume of domestic yellow-to-yellow exports of dihuang rose, and the major export markets were Hong Kong, South Korea and Japan. Among them, exports to Hong Kong, China accounted for 75.6% of all yellow exports.

In the first half of the year, Baiji’s export of Chinese peony also showed a trend of rising volume and price. In particular, the export volume increased by 201.6% year-on-year. The major export markets were Hong Kong, China and Taiwan. The exports to these two regions accounted for all the fair value of exports. 85%. The major provinces in China that export Baijiu are Guangdong, Anhui, and Zhejiang, and Baiji in Zhejiang is mainly exported to Japan.

Chrysanthemum chrysanthemum exports rose in volume in the first half of the year. Exports fell 26% year-on-year, export prices rose 87% year-on-year, and exports reached 16.25 million US dollars, a year-on-year increase of 39%. At present, the main export markets for chrysanthemum are Hong Kong, Singapore, Malaysia and Vietnam. The main export provinces and cities are Guangdong, Anhui, Zhejiang and Shanghai.