What is the price of turmeric per kilogram/pound in China today?
The retail price range for China turmeric is between US$ 6.91 and US$ 24.20 per kilogram or between US$ 3.14 and US$ 10.97 per pound(lb). Click here to see today's exact prices of turmeric in China
The retail price range in Yuan Renminbi for turmeric is between CNY 48.48 and CNY 169.70 per kilogram or between CNY 21.99 and CNY 76.96 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China turmeric is between US$ 4.84 and US$ 16.94 per kilogram or between US$ 2.19 and US$ 7.68 per pound(lb).
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China Turmeric Export Prices - Historical, Trends and Prediction
The export price per kilogram of Turmeric from China over the last five years has seen a steady decline. In 2012, the price was 3.96 US dollars per kg, which dropped to 3.1 US dollars per kg in 2013. This trend continued until 2015, when the price dropped to 2.73 US dollars per kg. The price remained at this level in 2016, before dropping to 2.38 US dollars per kg in 2017. In 2018, the price rose to 3.03 US dollars per kg, before dropping again to 2.86 US dollars per kg in 2019. The price then dropped to its lowest point in 2020, at 2.23 US dollars per kg. In 2021, the price rose to 2.75 US dollars per kg, before increasing again to 3.14 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Turmeric from China in 2023 will be 2.60 US dollars per kg, and in 2024 will be 3.00 US dollars per kg.China Turmeric Import Prices - Historical, Trends and Prediction
The import price per kilogram of Turmeric into China over the last five years has been relatively stable. In 2017, the price was 2.38 US dollars per kilogram, followed by 3.03 US dollars per kilogram in 2018. In 2019, the price dropped to 2.86 US dollars per kilogram and further decreased to 2.23 US dollars per kilogram in 2020. The price then increased to 2.75 US dollars per kilogram in 2021 and 3.14 US dollars per kilogram in 2022. Based on this trend, it is predicted that the import price per kilogram of Turmeric into China in 2023 will be around 2.90 US dollars and in 2024 will be around 3.20 US dollars.Export values for China turmeric
The total values in export for turmeric in China were US$ 2,735, US$ 4,132, US$ 2,779 and US$ 3,196 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in China: Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of turmeric in other countries across Asia: Kazakhstan turmeric, Kyrgyzstan turmeric, Tajikistan turmeric, Turkmenistan turmeric, Uzbekistan turmeric, China turmeric, Hong Kong turmeric, Macao turmeric, North Korea turmeric & Mongolia turmeric.
China turmeric - Production, Exports, Imports, Seasons and HS Codes
In 2019 China exported 1,118 tonnes of turmeric. Across 2019 alone, the demand for China turmeric (herbs and spices category) has climbed, flactuating by 21.919 per cent compared to the year 2018. Between 2017 and 2019, turmeric's exports reduced by -35.52 percent netting the country US$3.20m for the year 2019. China's turmeric exports are classified as:
- Turmeric "curcuma" (HS code 091030)
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China turmeric export values
In 2019, China exported turmeric valued at 3.20m USD, an increase of 15.15% from 2018's total turmeric export of 2.779m USD. The annual growth in value of China turmeric between 2017 to 2018 was -32.744 percent.
The per year variation in the volume of China's turmeric exports between 2017 and 2019 was -35.52% when compared to a variation of 21.919% in the growth rate between 2018 and 2019.
China's portion of the world's total turmeric's exports in 2019 was less than 1%. The country holds number 15 in world exports of turmeric.
Export markets for China turmeric ( in '000$ )
China procured 14,813 tonnes of turmeric in 2019.