China is still the largest importer of Vietnam’s shallot, garlic, and garlic chive with a turnover of more than 17 million USD in 2022.
On March 17, the Executive Committee of the Forum for Agricultural Products Connection 970 (Ministry of Agriculture and Rural Development) cooperated with the People’s Committee of Soc Trang province to organize the workshop “Connecting trade and promoting consumption of shallot”.
Mr. Tran Thanh Nam, Deputy Minister of Agriculture and Rural Development, assessed that shallot is the advantageous product of many provinces such as Hai Duong, Soc Trang, Ninh Thuan, and Quang Ngai with a total annual output of over 200,000 tons. In February and March, farmers entered the harvest season so the demand for this item increased more than ever.
However, according to statistics, in the first months of 2023, the purchasing power of the market tends to decrease, while the production capacity of the agricultural sector is still enough to meet both domestic and export demand. This leads to the consumption of agricultural products in general and shallot, in particular, are forecast to face many difficulties.
After Tet, the shallot price dropped sharply to 15,000 – 26,000 VND/kg.
Mr. Tran Trong Khiem, Deputy Director of Soc Trang Department of Agriculture and Rural Development, said that Vinh Chau shallot is consumed in the domestic market and exported to some countries such as Indonesia and Malaysia. This has been bringing a significant source of income to farmers and enterprises in Vinh Chau town.
However, Vinh Chau shallot has been facing many challenges in production and consumption due to some reasons such as the seasonality is not reasonable, the cooperation in production has not been formed, leading to the link between cooperatives and businesses, and farmers and businesses are not sustainable.
Regarding the consumption of shallot in the 2022 – 2023 crop, before the Lunar New Year, the shallot price ranged from 38,000 to 45,000 VND/kg which is equivalent to the price of the previous year. After Tet, the price began to decrease, currently, the price of shallot ranges from 15,000 – 26,000 VND/kg.
The representative of the Department of Quality, Processing, and Market Development (MARD) said that: According to statistics in 2022, Vietnam’s shallot, garlic, and garlic chive export turnover reached about 31.2 million USD, up nearly 360% compared to 2021. Most of them are exported to Asian markets, accounting for more than 90%, followed by America, Europe, and Australia.
In particular, China is still the largest importer of Vietnam’s shallot, garlic, and garlic chive with a turnover of more than 17 million USD in 2022, not to mention the turnover of the Taiwan market of 6.6 million USD. The following markets are India, the United States, Laos, Japan, and Myanmar.
Regarding solutions to promote the consumption of vegetables in general and shallot, garlic, and garlic chive in particular, the Department of Quality, Processing, and Market Development said that: There should be concentrated and production-oriented areas following market signals with safe and quality processes. To develop the market, producers and exporters need to study the tastes and regulations of the import market to orient the production and processing of export products./.