This Year Garlic Prices Will Run at Lower Prices

The new season of garlic has entered the harvest season. Recently, a company conducted a week-long inspection of garlic production areas in Jinxiang, Laiwu, Zhongmu, Qixian, Pizhou, Jiangsu, and other regions. In an interview with the FRESH PLAZA, Mr. Zhang, the company's sales manager, introduced us to the investigation and made a forecast analysis of the garlic market this season. “In terms of planting, affected by the high China Garlic Price last year, farmers’ enthusiasm for planting this season is very high. Overall, the planting area of garlic in 2020 has increased by about 18.2% over the previous year. In terms of quality, this year ’s garlic is significantly larger than the average of previous years Level."

"Thanks to the good weather conditions and the careful cultivation and management of garlic farmers in this season, we hope to maintain the quality of garlic and continue the high prices of the previous season. 95% of the garlic bases in the country have increased production. According to the data learned, only the Cangshan production area has reduced production by about 20%. However, because the planting area of garlic in Cangshan only accounts for 5% of the total planting area of the country, it has little effect on the total output of the country. Overall, the output per mu of garlic this year will increase by about 10% compared with last year, and the market supply will be the same as in 2018, or slightly increase. Mr. Zhang said, "Recalling the 2018 production season, because the processing volume of garlic dehydrated products is much higher than in previous years, a large amount of chilled garlic was consumed, and the area of ​new garlic plantings has been reduced by more than 20%. 

Manager Zhang continued, "China garlic demand mainly comes from domestic consumption, overseas markets, and garlic dehydrated products. First, although the Indonesian market has received a large amount of stocks due to the opening of quotas in the past month, garlic stocks in 2019 is still huge. Secondly, although the garlic price is not high this year, it is not easy to predict whether the processing volume of dehydrated products has increased. Third, affected by the public crisis, the domestic market demand for garlic this year is slightly lower than previous years. In addition, the overseas economic situation is declining, and the obstruction of logistics will have a certain impact on exports. Fourth, the garlic merchants ’speculation will cause the garlic market to fluctuate. Finally, there are some large and powerful storage companies entering the industry this year. The key factor of the market trend.