Analysis of plant extract products and related import and export
In 2014, China exported a total of 332 countries and regions to plant extract products. Among them, traditional markets such as Asia, Europe and North America were in the forefront, with the three accounting for 92% of total exports. Among the three continents, ASEAN's performance was particularly eye-catching. The annual export volume reached US$323 million, a year-on-year increase of 74.81%. It also became the main force driving Asia's 38.59% year-on-year growth; the EU and North America also performed well, with exports reaching 3.44 respectively. The annual growth rate of billions and 356 million US dollars exceeded 10 percentage points; although Africa and Latin America accounted for a small share, the growth rate also reached 53.65% and 29.36%.
In terms of exports to a single country, the old American powerhouse continues to lead the market. In 2014, China's exports of plant extracts to the United States reached US$342 million, an increase of 9.29% year-on-year, accounting for 19.26%. At present, taking dietary supplements is the habit of most Americans. This is also an important reason why the United States has always maintained a high demand for extracts. Japan is closely followed by China’s exports of Japanese extracts to 234 million. The US dollar grew at a rate of 21.38% year-on-year, accounting for 13.19%. The brilliant data shows that China’s exports to Japan have recovered and Japan’s huge traditional market will regain its vitality; the top five India, Indonesia and Malaysia With the potential of rising stars, the above three countries' year-on-year growth rates in 2014 exceeded 40%, Indonesia was as high as 80.57%, and the three countries' exports reached 139 million, 116 million and 82.438 million US dollars respectively.