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China may become a garlic importer instead of exporter

China may become a garlic importer instead of exporter

Write: Varian [2011-05-20]
Deminpex will be in the market with import onions this year as usual. There are already white, red and yellow onions on their way from the U.S., Australia, New-Zealand and Chile in all different kinds of packages, sizes and colours. According to Denimpex there won't be enough supply to fill the demand in the European Economic Community (EEC).
China may become a garlic importer instead of exporter
"Even with high prices the countries with overseas origins won't reach the prices, because the worldwide yields have been far too low due to natural disasters, too much or too little rain", says Danny Deen. "We expect the same conditions as in India, where many contracts couldn't be maintained due to harvest needed in the country of origin."
China may become a garlic importer instead of exporter
"Garlic, also one of Denimpex's main products, has also been affected by low yields brought on by natural disasters", Danny continues. "This means the supply of garlic in China (ca. 280,000 tonnes with an own consumption of 100,000 tonnes) is far too low. It seems that China will be empty in two months and may become an importing country instead of an exporting country, also because the new harvest has been delayed by drought."
China may become a garlic importer instead of exporter
"The export of garlic from Argentina and Chile is already done and wasn't easy. The prices are high in the production areas and maybe too high for the EEC markets. The EEC market is going to fail its own consumers with all it limits some day. Because of all the changes in the world the systems that worked in the past don't work any more. These things aren't for ever. Should we - and the consumers - have to the price here, and later for the wrong interpretations in Brussels?"
China may become a garlic importer instead of exporter