1. Price trend

After the Spring Festival in 2021, a wave of codonopsis pilosula prices attracted a round of attention, but this increase did not last long. After a short price increase, it returned to calm and even a callback. At present, the price of codonopsis pilosula in the production area is 40- The price ranges between 45 yuan, the price of small strip goods ranges from 28-32 yuan, and the price of single goods ranges from 32-38 yuan.

2. Analysis of influencing factors

Codonopsis is the dried roots of Codonopsis pilosula, Codonopsis radiata or Codonopsis radiata, which are mainly distributed in Dingxi and Longnan cities of Gansu Province. Dingxi is mainly distributed in Longxi County, Weiyuan County, Lintao County, Min County, Zhang County, Tongwei County and Longnan City are mainly distributed in codonopsis pilosula County and Wen County. Codonopsis varieties include: Baitiao Party, Tiao Party, Defense Party, Wen Party, Jing Party, Jiezhou Party, Opposition Party, Wutai Party, Shan Gui Party, Eight Immortals Party, Banqiao Party, Lu Party, Dong Party, White Party, etc. .

Seedling raising and transplanting are the main production methods. Codonopsis pilosula seedlings can be sowed in spring or in autumn. Autumn sowing is better. Spring sowing is from late March to early April, and autumn sowing is from mid-September to late October.

Codonopsis overproduction

In 2012, due to insufficient production for two consecutive years, Codonopsis pilosula inventory was largely digested. In 2013, the Gansu production area suffered from drought and less rain, and the spring drought was again encountered, pushing the price of Codonopsis to a climax. Due to the high price market that has lasted for more than three years, it has greatly stimulated the enthusiasm of pharmaceutical farmers in planting. In 2014, the contradiction between oversupply and demand was prominent, and prices continued to fall. Later, affected by the fall in the price of Codonopsis, the planting area was reduced in 2015.

In 2016, Codonopsis pilosula was again driven by the positive news of the drought. The high price of Codonopsis continued, which made the enthusiasm of medicinal farmers to raise seedlings higher in 2017. In 2018, the enthusiasm of medicinal farmers for planting was not diminished, and the new price of production continued to decline.

The production area in 2020 is still not small, and it is a year of bumper harvest for Codonopsis. In addition, the epidemic in the first half of 2020 will affect the sales of this product and the inventory will be backlogged, causing the market for Codonopsis to continue to weaken.

Codonopsis pilosula planting cost and income

Codonopsis begins to be planted in March every year, and the mining begins around the National Day. Taking the survey of the Dingxi production area in Gansu as an example, how much does it cost to plant an acre?

The investment project costs 600 seedlings before land preparation and 650 sowing with mulching plastic film plus 100 artificial top-dressing, irrigation, weeding 1000 machines and artificial excavation 700.

From the above, we can calculate that the total cost per mu requires an investment of about 3050 yuan. Based on last year's fresh goods (united goods) 9 yuan/kg, and 600 kg of fresh goods per mu, the basic income per mu is about 5400 yuan.

At present, even if the profit per mu has been reduced for farmers, according to the production area, from the perspective of this year's seedling transactions, farmers who have had the habit of planting for many years still continue to plant.

However, the recent implementation of the new policy of "returning medicines and returning grains" has only had an impact on some areas, so the area under planting has not been significantly reduced.

Codonopsis pilosula is in high demand

With the improvement of consumer health awareness, the sales volume of Codonopsis is increasing year by year. According to incomplete statistics, the demand for Codonopsis is about 30,000-35,000 tons.

Codonopsis pilosula has a sales volume of about 10,000 tons in corporate pharmaceutical factories. According to relevant statistics, there are currently nearly 1,000 pharmaceutical factories across the country using Codonopsis pilosula. Among them, large companies such as Tongrentang, Dong'e Ejiao, Guangyao Group, and Foci Pharmaceuticals all use more than a few hundred tons of codonopsis per year. Food companies are also customers of Codonopsis.

In terms of traditional Chinese medicine decoction pieces, the annual consumption is about 10,000 tons. Codonopsis is a kind of medicine for invigorating the middle and nourishing qi, and it is the most popular type of traditional Chinese medicine decoction pieces. Professional households processing Codonopsis decoction pieces have been concentrated in the production area in the past two years. The sales market is in Shouyang, Longxi. There are now hundreds of processing households with large production areas, and the processing scale and processing technology have also improved a lot compared with previous years. Now the origin of Codonopsis integrates processing, sales, and storage, and the market has become a subordinate position and distribution channel. Therefore, fluctuations in the market for Codonopsis are often dominated by the origin.

In terms of food consumption, Codonopsis is increasing every year, and the national consumption is about 8,000-10,000 tons. With the improvement of people’s health awareness, in the past few years, it was mainly concentrated in Guangdong, Guangdong and Jiangsu and Zhejiang. Now in the Central Plains and northern provinces, especially Beijing and Tianjin, the sales of Codonopsis has doubled in the past two years, and the national consumption is now about 8,000-10,000 tons. 

3. Market outlook forecast

On the whole, the conditions for a large increase in codonopsis pilosula are currently not available. Only when a large area of ​​production is reduced, coupled with natural disasters, can codonopsis pilosula generate big business opportunities. Because of the support of demand and cost, SunSirs analyzed that it is difficult for the market price to fall sharply in the short term. As long as there is a benefit of a reduction in production, there is still a chance for an increase under the drive of the purchaser.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.