Licorice extract industry market supply analysis

I. Status of the production scale of licorice extract in 2010

In 2006, although the export of plant extracts in China still maintained a trend of rapid growth, there were few varieties that formed export on a scale. The varieties with larger export volume are still ginseng extracts, licorice extracts, mint extracts, green tea extracts, and ginkgo leaf extracts. These products have barely changed in the export structure in the past three years, which in fact shows a very serious problem. Many of our domestic companies are still relying on "mixed rice" in the international market created in the early 1990s. Our pace of opening up the international market is too slow, and the demand for the international market is also lagging behind.

There are many types of plant extract products exported, but there are very few representative products. In spite of the substantial increase in rutin and quercetin, the unit price for export is generally around US$25, which is still a category of low-end products. As a resource-based species, licorice extracts are not optimistic because of the substantial increase in export value. The United States, Japan, South Korea and Germany are the major exporters of plant extracts in China. At the same time, it is necessary to pay attention to the Indian market. The demand for plant extracts in China is one of the fastest growing export markets.

Demand creates the market. For domestic companies, they should pay more attention and contact with international market information. According to the needs of the international community, let your own company gain the driving force for development and continue to develop.

Second, the market price trend of licorice extract in 2010

Since the state has stipulated the export licensing system for licorice series products, the export area has obvious geographical concentration, and the Beijing region and Shaanxi Province have exported products with relatively high technological content, such as sodium salts and potassium salts. The main customers of the licorice series extract in Xi'an are domestic and hardly exported. Others are not only in these three regions, but also export activities of several import and export license companies in Hebei and Jiangsu. The country’s output and reserves are a little bit “embarrassed”. The rising price of licorice series extracts is imperative.

In addition to the production of licorice extract raw materials, but also rely on imports to solve, the imported licorice prices have increased year by year, the profit space has been threatened, the licorice series of extract prices must be carried out.

III. Distribution of Key Manufacturers of Glycyrrhizae Extracts in 2010

So far, there are more than 800 exporters of phytosanitary materials in China, of which about 200 are phytosanitary products companies. There are actually only a certain number of companies, such as the Tianjin Jianfeng, Zhejiang Kangenbei and Shaanxi Tiantai. Cheng, Shaanxi Seifu, Hunan Hongshengtang, Hunan Jinnong, Yunnan Yuxi Wanfang, Guilin Xingda Company, etc.

IV. Analysis of the status of production and supply of licorice extracts in 2010

In previous years, the major export markets for phytosanitary products in China were the United States, Europe, and Japan, which accounted for more than 80% of the total phytosanitary exports in China. However, in recent years, the situation has changed greatly. Except that the United States and Europe continue to be the major export markets for phytosanitary materials in China, the number of phytosanitary exports to Korea, Germany, Spain, France, and Vietnam, as well as China’s Hong Kong and Taiwan regions, is also It increases year by year.

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