The top markets for the export of chinese medicines

In 2022, the top ten markets for the export of Chinese herbal medicines and decoction pieces are Japan, Vietnam, Hong Kong, South Korea, Taiwan, Malaysia, the United States, Singapore, India and Germany.Exports to TOP10 markets accounted for 80% of total exports.The top ten varieties of Chinese herbal medicines and decoction pieces exported are cinnamon, wolfberry, red dates, ginseng, poria cocos, angelica, pinellia, astragalus and codonopsis, and there is little change from the same period last year.

Japanese traditional Chinese medicine market analysis:

In addition to incorporating Kampo medicine into the medical insurance system to reduce the burden of patients taking Kampo medicine, the Japanese government also attaches great importance to Kampo medical education. Most Japanese Kampo medicines are in the dosage form of granules, tablets, capsules, oral liquids, etc.,which breaks away from the traditional Chinese medicine taking method of decoction in water and fire.In order to maximize the efficacy of the drug, the drug extraction process uses technologies and equipment such as warm soaking extraction, vacuum concentration, spray drying, and vacuum freeze drying.

There are about 200 Kampo pharmaceutical factories in Japan, and there are more than 2,000 Kampo preparations.89% of Japanese doctors can prescribe Kampo medicine, and the prescription of Kampo medicine is increasing at a rate of 15% every year.At present, more than 80% of the 60,000 pharmacies in Japan sell Kampo preparations. In the prominent positions of pharmacies and drugstores, you can basically find Chinese prescription medicines.The Japanese people are also very appreciative of Kampo medicine.Nearly 80% of Japanese people believe that Kampo medicine is very effective in treating chronic diseases, and 60% of Japanese people think that Kampo medicine can promote health and longevity.

Analysis of Korean Traditional Chinese Medicine Market:

With the development of Korean medicine and Korean medicine industry, South Korea's demand for raw materials such as Chinese medicinal materials and extracts has greatly increased, which has become the main reason for the growth of China's export of Korean traditional Chinese medicine.South Korea has always had a tradition of diet and health care.Driven by the growth of market demand for diet and health care products, South Korea's demand for some health care products and health care Chinese herbal medicines in China has also greatly increased.South Korea has become the fifth largest market for Chinese ginseng exports; the largest market for antler exports, accounting for about two-thirds of China's total exports.

In addition to ginseng and antler, rehmannia, licorice, astragalus, poria cocos, white peony root, Chuanxiong, Pinellia and Radix Ginseng are among the top ten Chinese herbal medicines exported to South Korea.This year’s exports are also growing in an all-round way, and the demand in the Korean market is very strong.In 2023, our company will focus on promoting the Japanese and Korean markets.Using the experience in processing and selling Chinese medicinal materials in Japan and South Korea for many years, we will focus on screening 5-10 varieties: ginseng, wolfberry, astragalus, dogwood, eleuthero, white Peony, kudzu root, peach blossom, etc. Control product quality from the following aspects to meet customer requirements:

1. Origin

2. Active ingredient content

3. Pesticide residues

4. Heavy metals

5. Microorganisms

6. Processing technology