China's export of plant extracts in 2013 reached US $1.41 billion

In 2012, the export volume of plant extracts was US $1.16 billion, up 3.1% year on year, the lowest in 20 years In 2013, the export of plant extracts came out of the trough, with an annual export volume of US $1.41 billion, an increase of 21.3% year on year, returning to the normal growth rate From the perspective of export product structure, export plant extracts can be generally divided into pigment products, natural sweetener products, dietary supplement products, pharmaceutical raw materials products and essential oil products for cosmetics Natural sweetener products are new stars In 2013, stevia extract became the largest export product of plant extract, with an export volume of US $110 million, a year-on-year increase of 32.5% Glycyrrhiza extract became the second largest export product, with an export volume of 100 million, a year-on-year increase of 13.5% The two most important export markets of plant extracts in China are still the United States and Japan In 2013, the export volume of plant extracts was US $310 million and US $190 million respectively, with a year-on-year increase of 23.3% to the United States and a year-on-year decrease of 5.5% to Japan Japan is still the only one of the top ten markets where exports have declined year on year In addition, the top five export markets are India, South Korea and Germany, with exports of US $94.78 million, US $77.04 million and US $74.69 million, respectively The products exported to India are mainly natural pigments and flavors and fragrances The export to Korea is mainly from the products of health care plant extracts The export to Germany is mainly medicinal plants such as rutin There are several relatively favorable factors for the recovery of plant extract export: first, standardize the drive of large enterprises and lead the healthy development of the industry Through the development in recent years, the plant extract enterprises have formed some large-scale mature enterprises, such as Ningbo lvzhijian, Hebei Chenguang, Beijing Jinke, Guilin Rhine, etc these enterprises have standardized operation, obvious competitive advantages in product export, and driven the orderly development of the whole industry Second, the classification of customs codes has become increasingly clear, reducing the probability of miscalculation Third, the newly issued export business standards promoted the improvement of the industry level and standardized the industry order In 2013, the chamber of Commerce for medical insurance issued seven international business standards for plant extracts After the publication of the standard, the industry and foreign organizations have paid extensive attention to it, especially the publication of the detection methods of identifying and distinguishing the false in some standards, which plays a positive role in promoting the healthy development of the industry The USP Committee took the initiative to contact the chamber of Commerce to discuss the inclusion of three standards (including willow extract, blueberry extract and Polygonum cuspidatum extract) into the USP standard The international business standard of plant extract has completely reached the international level, which will have a profound impact on the development of China's plant extract industry in the future.