China's import and export of plant extracts increased steadily in the first half of 2010

From January to June 2010, China's import and export trade of traditional Chinese medicine continued to maintain a stable growth, with the import and export volume reaching US $1.22 billion, an increase of 23.4% year on year, and the export volume reaching US $910 million, an increase of 26.0% year on year Among them, plant extracts accounted for 36.5% of the import and export volume of traditional Chinese medicine commodities, and continued to maintain a stable growth According to the statistics of China Customs, from January to June this year, the import and export volume of plant extracts in China reached 450 million US dollars, an increase of 19.6% year on year; the total import and export volume maintained a steady growth, an increase of 10.2% year on year From January to June this year, the export volume of plant extracts continued to maintain a stable growth, with the export volume of 380 million US dollars, up 19.3% year on year, accounting for 41.6% of the export volume of traditional Chinese medicine; the export volume was 23000 tons, up 13.0% year on year; the average export price slightly increased, up 5.6% year on year The import value of plant extracts was 66.983 million US dollars, up 21.1% year on year, accounting for 21.7% of the import value of traditional Chinese medicine; the import quantity was 5649.6 tons, up 0.1% year on year; the average import price increased greatly, up 20.9% year on year From the monthly statistics, from January to June this year, the amount and quantity of import and export of plant extracts in a single month fluctuated little, relatively stable However, from the change of amount and quantity year-on-year growth, both import and export showed a significant growth in January to March, and the growth of import and export of plant extracts in April to June in China was relatively low See the table below for details From the perspective of export regions, from January to June 2010, China's export volume and export volume to all continents showed significant growth; the average export price growth was different Asia, Europe and North America are still the main export regions of plant extracts in China From January to June, the export volume to these three regions accounted for 89.2% of the total export volume of plant extracts in China Among them, China's export of plant extracts to Asia is US $200 million, accounting for 52.8% of the total, with a year-on-year increase of 22.9% This increase is mainly due to the increase of export volume, and the average export price has little change At present, the plant extracts exported by China are mainly used as raw materials for food and health products (or "dietary supplements") in the international market The growing demand for health products in the Asian consumer market promotes the export of plant extracts to the region As an important part of the Asian market, ASEAN market also has a huge pull force on the Asian plant extract Market after the official launch of China ASEAN Free Trade Area From January to June, China's export of plant extracts to ASEAN reached US $67.208 million, a year-on-year increase of 66.9%, a year-on-year increase of 31.1% in the number of exports, and a year-on-year increase of 19.4% in the average export price The proportion of export value of plant extract products to the region has increased to 17.7% The outstanding performance of ASEAN market makes the region hopeful to become another leading market for the export of plant extracts in China after Japan and the United States From the point of view of exporting countries, the export of plant extracts from January to June in China mostly showed a steady increase in export volume and quantity The top three exporters are Japan, the United States and Malaysia From January to June, China's export of plant extracts to Japan amounted to 65.217 million US dollars, accounting for 17.2%, an increase of 8.1% year on year Although its export volume increased by 13.6% year-on-year, the growth of export performance was not significant due to the decline of its average export price by 4.9% Like the Japanese market, the U.S market was also flat from January to June this year Although China's export of plant extracts to the United States amounted to 52.625 million US dollars, accounting for 13.9%, the year-on-year increase was only 6.5%, and the export volume even decreased by 7.4% From the monthly data, since January this year, China's export of plant extracts to the United States has continued to decline In June, the export volume was only 2973.6 tons, down 10.3% year-on-year, the lowest since March 2009 The year-on-year growth rate of export volume also showed a downward trend until June The main reason is that the full implementation of cGMP, a dietary supplement in the United States, has a certain impact on the export of plant extracts in China According to the provisions of CGMP regulations on dietary supplements issued by FDA in 2007, all manufacturers of dietary supplements must comply with CGMP regulations by June 2010 at the latest As an important supplier of dietary supplement materials in the United States, the export of plant extracts in China will be indirectly affected As a major dietary supplement market in the world, the market capacity of herbal dietary supplements in the United States has reached 5.03 billion US dollars in 2009, with a year-on-year growth rate of 4.8% In the face of such a huge market demand, China's plant extract suppliers can only be invincible in the international market competition by timely adjustment and active response Among the top ten export countries of plant extracts, the export amount and quantity of Germany and France increased significantly The reasons are as follows: first, the financial crisis in the first half of 2009 was more serious, and the decrease of market demand in Germany and France led to the decline of China's export to it; second, with the economic recovery, the stock of enterprises using plant extracts as raw materials was basically exhausted, and a new round of replenishment investment promoted the increase of China's export of plant extracts However, from January to June this year, China's export of plant extracts to Spain, Mexico and South Korea was not satisfactory, and the export volume showed a significant decline Especially in the Korean market, the export amount and quantity decreased by 18.1% and 23.5% year on year The scale of enterprises is generally small From the perspective of the export situation of provinces and cities, the export volume and quantity of plant extracts in most provinces and cities, except for some provinces and cities, kept steady growth from January to June this year Among them, in 2009, Zhejiang Province ranked first in terms of export volume From January to June, its export volume decreased by 22.2% year on year, and its average export price decreased by nearly 34.0% year on year, ranking sixth Shandong, Jiangsu, Shanghai and Guangdong ranked the top four in terms of export volume respectively From January to June, the export volume of these four provinces and cities totaled 160 million US dollars, accounting for 41.7% of the total export volume of plant extracts in China; the number of export enterprises of plant extracts totaled 431, accounting for 47.7% of the total export enterprises of plant extracts in China (904) It can be seen that China's plant extract export enterprises are relatively concentrated in the region, but the industrial concentration is relatively low From the perspective of enterprise composition, from January to June this year, the number of enterprises engaged in the export of plant extracts in China was 904, up 4.5% year on year Among them, private enterprises (615, accounting for 68.0% of the total number of enterprises), foreign-funded enterprises (132, accounting for 14.6%), state-owned enterprises (154, accounting for 17.0%) accounted for 47.1%, 35.8% and 16.9% of the export value respectively It is not difficult to see that the scale of Chinese plant extract enterprises is still generally small, and the participation of foreign capital is relatively high From the perspective of trade mode, the export of plant extracts in China is still dominated by general trade mode, accounting for 86.8% of the total export volume, followed by import processing trade mode, accounting for 10.7% of the total export volume Eucalyptus oil increased rapidly year on year from January to June this year, the export volume and quantity of most plant extracts in China showed a steady growth trend In terms of single varieties, eucalyptus leaf oil (export volume is US $40.339 million, up 88.3% year-on-year), camphor (US $23.981 million, 57.0%), liquorice juice and extract (US $8.794 million, 9.3%), rutin and its derivatives (US $7.301 million, 33.8%) and other products all showed different degrees of growth According to the use of plant extracts, it can be divided into medicinal and health products extracts, food additives, and extracts of flavors and fragrances Among them, the export volume and quantity of food additive extracts have been further increased, which is mainly due to the substantial growth of global demand for this product in recent years As the representative product of this kind of extracts, the growth rate of natural plant pigment and stevia extract in recent years is very obvious, and the export volume of enterprises mainly engaged in this kind of products also shows a significant growth; The extracts of medicinal and health products are mainly traditional products In the 1~6 months of this year, their export performance increased steadily, and the market accounted for a relatively large proportion In addition, the export volume of flavors and fragrances extracts also increased steadily, which is related to the growth of international market demand in recent years Enterprises should pay attention to the changes of European and American policies Generally speaking, from January to June 2010, China's export trade of plant extracts was in a stable situation, with a certain degree of growth in both export volume and export volume, and a small decline in export volume in some markets In view of the current situation, manufacturers should pay more attention to the changes of European and American market policies In addition, in today's increasingly fierce competition in foreign trade, the domestic health care product market is growing rapidly, and the domestic demand for plant extract products is strong Plant extract enterprises can slightly adjust their development strategies in the future, implement the development mode of domestic and foreign trade, and actively explore the domestic market For example, at the beginning of this year, a beverage named "blueberry iced black tea" was favored by consumers shortly after its launch and achieved good sales results Among them, blueberry, known as "blueberry", is a relatively popular dietary supplement in Europe and the United States But before that, blueberry extract products were not sold well in the domestic market Few enterprises developed blueberry series products in depth Most of the blueberry extract manufacturers in China mainly supply raw materials to foreign markets The success of "blueberry iced black tea" may bring some inspiration to the domestic plant extract Enterprises: through independent R & D or cooperative development, the production of pure plant extract raw materials will transition to the production of finished preparations, and through the extension of industrial chain, greater benefits will be obtained in the local market.