Shandong Port's average price of garlic exports hit a record high

In July, Shandong Port's garlic export volume fluctuates downward trend in the first six months, and exports 141,000 tons that month, an increase of 19%. This is the first year-on-year increase in monthly export volume since this year. At the same time, the average export price rebounded strongly, reaching US$1816/ton, a record high.

According to customs statistics, in the first 7 months, Shandong port exported 663,000 tons of garlic and products, which was 20.6% lower than the same period of last year; the value was 990 million US dollars, an increase of 1.6 times; the average export price was 1,495 USD/ton, an increase of 2.2 times. The main export products are fresh or refrigerated garlic, and ASEAN is the largest export market. The export price of garlic has entered an upward trend since April 2009. It first fell in March 2010, and rebounded for two consecutive months in April and May and then fell again in June. In July, the average export price rebounded strongly, reaching US$1816/ton, a record high, which was a year-on-year increase of 1.3 times and an increase of 21.1% from the previous quarter.

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