Last year, China's exports of Chinese herbal medicines grew steadily

In 2012, the growth rate of China's exports of Chinese herbal medicines and decoction pieces to Japan decreased from 36.6% in the previous year to 23.17%. The Chinese herbal medicines and decoction pieces that China exports to Japan are mainly Pinellia ternata, ginseng, alfalfa, licorice, and white peony.

Japan is a country that participates in labor and consumerism. In 2011, China’s export price to Japan’s ginseng was US$35/kg, which was a year-on-year increase of 62%, but its export volume was reduced by 42% year-on-year. In 2012, China’s export price for Japanese ginseng was US$60/kg, an increase of 71.7% year-on-year; exports were 845,210 kg, an increase of 60% year-on-year; export prices rose sharply, and China’s export prospects for the Japanese market were good.

Another major species of Japanese medicine imported from China is Pinellia. Although Iwate Prefecture in Japan produces Banxia, ​​it is far from meeting its domestic needs. The Pinellia that circulates in the Japanese market is mainly from China and South Korea. Suining and Daxian County in Sichuan Province of China are the main producing areas of Pinellia, which not only has high yields, but also has good product quality. Pinellia has vomiting, antiemetic, and antitussive and expectorant effects. It is one of the commonly used crude drugs in Japanese herbal prescriptions. In 2011, China's export volume to the Pinellia was 633,061 kg, an increase of 39% year-on-year, and the export price was US$30/kg, up 90% year-on-year. In 2012, China's export price to the Pinellia quintana has basically stabilized and there has been no ups and downs.

Korea:

In 2011, China’s exports of Korean herbal medicines totaled US$76.1 million, a year-on-year decrease of 14%. The main export commodities were velvet, ginseng, Pinellia, Astragalus, Chuanxiong and Atractylodes.

In 2012, China's crude ginseng exports to South Korea amounted to US$6.09 million, an increase of 359% year-on-year. In 2013, the Korean ginseng market may be further opened up, and China’s ginseng export companies will usher in huge opportunities. According to Xia Binsen, chairman of the World Trade Organization’s (WTO) Agriculture Committee, if the Korean ginseng market is opened to the outside world, in 2013 its ginseng imports will increase by 7.4 times.

At the seminar on "Accelerating the development of ginseng industry" sponsored by the Korean Farmers News Agency and the Central Committee of the Agricultural Cooperatives, Lee Dongbi, current research fellow of the Korea Rural Economic Research Institute, published a comment on the topic of "Ginseng Market Openness and Market Strategy". . Li Dongbi pointed out that if the tariff rate is reduced by 60%, the output of Korean ginseng will be reduced by 27.2% in 2013 from the average output in the past three years. The import volume will increase from the current 620 tons to 5223 tons, an increase of about 7 times.

China Hong Kong:

In 2011, the Mainland's exports of Chinese herbal medicines and decoction pieces to Hong Kong, China amounted to US$200 million, a year-on-year increase of 20%. In 2012, the Mainland’s export value to Hong Kong, China was US$240 million, an increase of 18% year-on-year, and market demand was basically stable. At present, the Chinese herbal medicines exported to Hong Kong, China are mainly Cordyceps sinensis, Tianqi, Codonopsis, chrysanthemum, and yellow.

Hong Kong, China, has always been the main market for Cordyceps in the Mainland, but it is worth noting that, as prices continue to rise, the export price of Chinese Cordyceps sinensis in Hong Kong in China increased by 30% year-on-year in 2011, but exports amounted to 1,188 kg, a decrease of 46% year-on-year. In 2012, the export volume was only 721 kg, a decrease of 39% year-on-year. With the continuous and substantial decline in transaction volume, the price of Cordyceps sinensis has risen weakly. In 2012, the price of Cordyceps sinensis rose by only 10% year-on-year.

In addition, the performance of the Mainland's Tianqi Export to Hong Kong, China in 2012 was also very characteristic. In 2011, the average export price of Hong Kong Tianqi to China was only US$2.95/kg, which was a decrease of 34% year-on-year. In 2012, the average export price of Hong Kong's Tianqi to Hong Kong was US$7.77/kg, up 163% year-on-year; export value was US$18.9 million, a year-on-year increase of 385%. Tian Qi became the mainland’s largest export of Chinese herbal medicines to Hong Kong in 2012.

Diversified private enterprises in import and export enterprises become the main force

In 2012, private enterprises became the main force for promoting the export of Chinese herbal medicines and decoction pieces. The number of exporters was 637, the export amount was 505 million US dollars, accounting for 59% of the total; the number of exporters of “three foreign-funded” enterprises was 122, and the export amount was 195 million US dollars, accounting for 22.75% of export value; state-owned enterprises accounted for 18.23% of exports. It is worth noting that private enterprises account for more than half of private enterprises' exports.

Most of the major exporting provinces of TCM decoction pieces in China have a clear export orientation. The two provinces with large export value in the past were Guangdong and Guangxi. With the advantages of location, Guangdong and Guangxi had occupied the top two exports in previous years. Guangdong is adjacent to the major export destinations of Chinese herbal medicines and decoction pieces from Hong Kong, China, Taiwan, and Southeast Asia. Guangxi, with its geographical advantage near Vietnam, exports most of Chinese herbal medicines to Vietnam through border trade.

In 2012, the export volume of Anhui's Chinese herbal medicines increased substantially, becoming the second largest export province in China, and Anhui's Chinese herbal medicine exports mainly to Yangzhou. Bozhou City is hometown of Hua Tuo, the country's famous “Chinese medicine capital”, and is one of the birthplaces of Chinese medicine culture. Since the Ming and Qing Dynasties, it has ranked first in China’s “four pharmaceutical capitals”. At present, the planting area of ​​Chinese herbal medicines in Bozhou City accounts for about one-tenth of the country's total. The annual output of TCM decoction pieces accounts for about one-third of the country's total. The annual turnover and export volume of TCM materials account for about a quarter of the country's total. , processing, sales, scientific research, exhibitions, tourism, health care and health care are equal to one complete industrial system.

The city has nearly one million acres of medicinal plants, more than 800 specialty medicine planting villages, and 42 medicine and drug manufacturers. The output of its medicines accounts for about one-fourth of the country's total. In addition, China also has the largest Chinese herbal medicine trade center with the largest facilities, the best facilities, and the most comprehensive functions in China. There are more than 2,600 types of medicinal herbs on the market, and the annual turnover exceeds 10 billion yuan; Ganzhou) Chinese Herbal Medicine Trade Fair, which has held the International (Zhangzhou) Chinese Medicine Expo for seven consecutive years, has had a great influence in the Chinese and foreign traditional Chinese medicine circles. The Chinese medicine industry has become a pillar industry and a powerful driving force for rapid development and tenacious rise in Ganzhou.

Export fluctuations gradually stabilized and market monitoring played a role

In 2012, China's exports of Chinese herbal medicines and decoction pieces totaled US$857 million, an increase of 11.83% year-on-year, and the overall export volatility tended to be flat.