China's total export of plant extracts increased slightly in 2019

- May 12, 2020-

As the world's major exporter of plant extracts, in recent years, China's export of plant extracts has continued to rise, such as a record high of US $ 2.368 billion in 2018, an increase of 17.79% year-on-year. Last year, due to the impact of the Sino-US trade war, the annual export volume of plant extracts was US $ 2.372 billion, a year-on-year increase of 0.19%. Among them, Stevia extract has been firmly ranked first in exports from 2014 to 2019.

There are many types of plant extracts. According to the content of active ingredients, they can be divided into three types: effective monomer extract, standard extract and ratio extract; according to the ingredients, they can be divided into glycosides, acids, polyphenols, polysaccharides, terpenes, flavonoids, biological Alkali, etc .; can be divided into vegetable oil, extract, powder, lens, etc. according to product form; can be divided into natural pigment products, Chinese medicine extract products, extract products and concentrated products according to the use.

From the analysis of data in the past 10 years, from 2010 to 2015, China's exports of plant extracts are in a period of rapid growth, while from 2016 to 2017, there has been a significant decline. The main reasons include: frequent exchange rate fluctuations, The promulgation of the revised draft of the "Guidelines for the Recording of New Dietary Ingredients (NDI)" in the United States has led to stricter regulatory standards and a steep decline in essential oil products. Until 2018, the export of plant extracts ushered in growth again, reaching a record high.

Customs statistics show that in 2019, the export value of plant extracts in China was US $ 2.372 billion, an increase of 0.19% year-on-year; the export volume was 86,900 tons, an increase of 5.68% year-on-year; the export price was US $ 27.3 / kg, down 5.19% year-on-year. From the perspective of the export market, the main markets for China's plant extract exports are concentrated in the three regions of the United States, Europe, and Asia. The United States, Japan, India, Hong Kong, Malaysia, Indonesia, South Korea, Spain, Germany, and France are our country's plant extract exports. Of the top ten markets.

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