China - Traditional Chinese Medicine - Market Analysis, Forecast, Size, Trends and Insights
Indonesia and Malaysia Are the Main Suppliers of Raw Materials for Traditional Chinese Medicine
China's traditional medicine market showed steady growth, rising from X thousand tonnes in 2007 to X thousand tonnes in 2014. In value terms, it expanded with a CAGR of X%, reaching X million USD.
In 2014, Indonesia and Malaysia were the main suppliers of raw materials for traditional Chinese medicine with a combined share of X% of China's imports in physical terms. However, the fastest growing suppliers from 2007 to 2014 were Thailand (+X% per year) and Germany (+X% per year).
From 2007 to 2014, Thailand had the highest growth rates of imports, with a CAGR of X%. It was followed by Germany (+X%), Viet Nam (+X%), the U.S. (+X%) and the Republic of Korea (+X%).
In 2014, Japan (X%), Indonesia (X%), the Philippines (X%), Malaysia (X%) and Thailand (X%) were the leading destinations of traditional Chinese medicine exports, together making up X% in physical terms. While the shares of the Philippines and Indonesia increased, the share of Japan displayed negative dynamics.
Source: IndexBox AI Platform
Countries coverage: China
Product coverage: Traditional Chinese Medicine
• Traditional Chinese medicine market size and value in China
• Volume and dynamics of traditional chinese medicine production in China
• Volume and dynamics of exports/imports
• Producer prices, import/export prices for traditional chinese medicine
• Traditional Chinese medicine market trends, drivers and restraints
• Forecast of the market dynamics in the medium term
• Per capita consumption of traditional chinese medicine in China
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