Please scroll to Know how can you grow your profits by 25% or more in Ginseng Imports
Ginseng import has seen a growth of about 59% in the month of Mar-2018 when compared to Feb-2018 withapprox US XX.X billion of imports reported by China Custom Import Shipment database.
Total imports of Ginseng, stood at XX.X billion in 2018.In 2018, imports of Ginseng increased by X.X% making it jump to US$ XX.X from US $ XX.X .
Growth Forecast of Ginseng : Based on import statistics of past few months, Ginseng imports is expected to increase in size to US$XX.X billion by Jan 2019
Imports Analysis of Prices of Ginseng Mar 2018 show that fastest groiwing price band is US$ 19.0-237.55 for Ginseng and market has a preference for price range between US$ 19.0-237.55.
The highest number of quantity was 222.7 Thousand in the price band US$ 19.0-237.55 , the second highest quantity came under the price band US$ 237.55-455.6 with 10.5 Thousand.
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Prices of Ginseng have fluctuated between $ 19.5 to $ 2,200, during the month of Feb-2018. For a Complete Price trend of a larger period , please order a paid report.
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In Mar 2018, import of Ginseng to United States was most profitable ,followed by Republic of Korea and Canada . The above charts shows quantum of import of Ginseng at various price points to different countries.
United States Average Prices for Ginseng is $ 2.4 Thousand ,Republic of Korea is $ 1.5 Thousand and Canada is $ 405.24.
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Canada, Republic of Korea, United States were the leading Exporters of Ginseng to China with a market share of 98.56% with a import value of US$ 12.8 Million as per imports details released by China Custom import Database.
Canada has a market share with 50.25% , followed by Republic of Korea with 35.46% and United States with 12.86%
Forecast : The UAE most likely will continue to remain China's top imports destination by 2017, China is emerging as the second largest imports market leaders , as per the imports details.
Import Export statistics | ||||
---|---|---|---|---|
Country | Growth Rate | Import Value | Avg. Price | Profit Margin |
Canada | 50.25% | |||
Republic of Korea | 35.46% | |||
United States | 12.86% | |||
Democratic Peoples Republic of Korea | 1.43% | |||
Viet Nam | 0.01% |
Canada, Republic of Korea, United States, Democratic Peoples Republic of Korea, Viet Nam were the fastest growing Exporters of Ginseng to China The growth rate of Canada is 50.25% , Republic of Korea is 35.46% and United States is 12.86% , as per imports shipping bills filed with China Custom.
The imports statistics on left show Growth rate and average price of Ginseng imports to the Canada, Republic of Korea, United States, Democratic Peoples Republic of Korea, Viet Nam as of Mar 2018.
Forecast : The UAE most likely will continue to remain China's top imports destination by 2017, China is emerging as the second largest imports market leaders , as per the imports details.
As per Voleba import Data bank, Shanghai is the leading imports port for Ginseng goods , It handled 40.73% of the country’s Ginseng cargo. This port handled roughly US$ 5.3 Million worth of imports in 2,017.
Gongbei comes seccond and it handled 25.74% of the country’s Ginseng imports products. This port handled roughly US$ 3.3 Million worth of imports in 2,017. Tianjin comes third in the rank and it handled 11.34% of the country’s Ginseng imports items. This port handled roughly US$ 1.5 Million worth of imports in 2,017.
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