Analysis on the increase and decrease of export price of Chinese traditional medicine

At the sixth Forum on innovation and development of Chinese herbal medicine Yinpian industry recently held, the chamber of Commerce for import and export of Chinese medicine and health care products reported the import and export of Chinese herbal medicine from January to July this year The export price of traditional Chinese medicine decreased by 12% year on year Liu Changlin, vice president of China Chamber of Commerce for the import and export of medical and health care products, said that the overall situation of China's pharmaceutical exports this year is grim, with a sharp drop in growth rate Exports are down 30 percentage points from the same period last year, while imports are down 27 percentage points from the same period last year The export of traditional Chinese medicine is also not optimistic The import and export have declined significantly The export is 20% lower than that of the same period last year, and the import is 10% lower than that of the same period last year This is the first decline since the financial crisis From January to July, the import and export of traditional Chinese medicine reached 1.88 billion US dollars, up 10.6% year on year Among them, exports amounted to $1.411 billion, up 8.6% year on year; imports amounted to $464 million, up 17.28% year on year Liu Changlin pointed out that the export situation of traditional Chinese medicine is not optimistic; there is an upward momentum, but there are also many difficulties At present, the growth rate of export of traditional Chinese medicine mainly depends on the increase of price, and the export volume decreases as a whole In recent years, the export price of traditional Chinese medicine and Chinese herbal pieces has been rising steadily This year, the export of traditional Chinese medicine has two characteristics: first, the price increase has decreased, the export price has increased by 19.54% year-on-year, the export volume is 108900 tons, down 12.25% year-on-year; second, the export market is relatively stable, the export volume is 454 million US dollars, up 4.9% year-on-year From January to July, the export of traditional Chinese medicine products was US $1.411 billion, of which, the export of traditional Chinese medicine and decoction pieces was US $454 million, with a year-on-year increase of 4.89%, accounting for 32.18%; the export of traditional Chinese medicine was US $151 million, with a year-on-year increase of 15.57%, accounting for 10.74%; the export of extract was US $685 million, with a year-on-year increase of 10.92%, and the export of extract was US $685 million The export value of health products reached 120 million US dollars, with a year-on-year growth of 2.13% and an export value of 8.51% In the export of Chinese medicinal materials and pieces, Poria cocos, rehmannia, chrysanthemum, Atractylodes macrocephala, Ligusticum chuanxiong and other varieties account for a large proportion of the export quantity from January to July Among them, the varieties with increased price are ginseng, wolfberry, dangshen, angelica, Tianqi and Pinellia; the varieties with decreased price are Poria cocos, chrysanthemum, Atractylodes macrocephala and turmeric According to the export amount, the export market is ranked as follows: Japan's US $129.3876 million, accounting for 28.5% of the export amount; Hong Kong's US $117.2212 million, accounting for 25.82% of the export amount; South Korea's US $53.0564 million, accounting for 11.69% of the export amount; in addition, Vietnam, Malaysia, Taiwan Province, Italy, the United States, Singapore, Germany, Thailand and the Netherlands.