Ginseng is a protagonist in export of Chinese plant extracts

But in the overall look of Chinese exports during the year, there are still pressures. At the first quarter, import and export volume of Chinese medicine are about $ 758 million with an increase of 9.42%. The imports value amounts to $ 169,000,000 with an increase of 20.46%.Chinese exports value is $ 589 million with an increase of 6.62%.

Compared to the exports, imports of traditional Chinese medicine sharply increased. It is mainly due to surging imports of licorice and its extracts. Licorice is an important resource product. It is one of commodity with national export quota management and is widely used in medicines, food, cosmetics, cigarettes and other industries by plant extract manufacturer. The global demands are increasingly intensify. Imports of Chinese licorice to ease the strain on the resources of the contradictions, since 2008 the licorice import enterprises to take certain incentives, increasing year by year, a record high in 2011. The first quarter of this year, licorice demand is still very strong increase in imports of Chinese licorice has far exceeded the growth rate of exports. Wild licorice of Uzbekistan, Kazakhstan and other countries rich in resources, better quality, accounting for more than 80% of the total imports of Chinese licorice.

In 2011, Chinese ginseng export price of $ 36,770 / ton, up 84% from a year earlier, the export price of the first quarter of this year reached $ 43,000 / ton, reaching record highs. Chinese ginseng exports of the main areas for the increasing demand of the market since 2011, Japan, Italy, Germany, the Netherlands, China, Hong Kong and Chinese Taiwan, Italy, Germany and the Netherlands, export prices continue to rise, but the ginseng prices are still much lower Korea (South Korea ginseng export prices up to $ 179,603 / ton). Korean ginseng business for many years vigorously open up international markets, exporters of Chinese ginseng is basically the same, but its brand value, to occupy high-end market in the major export markets, South Korea ginseng. Chinese ginseng is only occupying a low-end market.

The first quarter of this year, Chinese ginseng export prices increased sharply, on the one hand, product upgrades, such as ginseng crude processing to extract, or begin operation of organic products, the increase of the value-added products, not only more vigorous market demand, the price after rising accepted by the customer. The other hand, Chinese ginseng brand recognition of the continuous improvement of the previous brand of ginseng main origin of Jilin Province, registered more than 30 but not more than the output of products for each brand, the market coverage of narrow, there is no formation of a national of big brands. Corresponding, the most famous brand of Korean ginseng’s annual production value is over 2 billion U.S. dollars. It has an absolute advantage in the Korean ginseng brand, the lack of big brands of ginseng products. It lacks of international competitiveness in the ginseng industry.

Chinese ginseng promote, but raised the price from the source within the policy has achieved initial success. Past Chinese regulations ginseng can only be used for drugs and not for the food, the policy restricts the development of the Chinese ginseng health food. In South Korea and the United States and other developed countries, ginseng can be used for food, ginseng food markets of these countries is very popular. At present, ginseng in China can also be used directly as raw materials of food and beverage.

The plant extract industry is the fastest growing industry in Chinese exports. The pharmaceutical raw materials are always a sunrise industry. At the first quarter, exports value continues to maintain a steady growth. The class with largest export in plant extracts industry is natural pigment product, such as capsanthin, lutein and other food coloring. In addition, flavors and fragrances extract are varieties whose export value increase significantly.Source:http://www.cospcn.com