Ginseng Prices: Global and Regional Demand, Chart, News| IMARC Group

North America Ginseng Prices Movement Q4:

Ginseng Prices in United States:

In 2023, Ginseng prices in the United States reached 42 USD/kg by December. The market stayed mostly steady throughout the year. Demand from the health and wellness industry supported prices, while good supply kept them from rising too much. Overall, the market remained balanced by the end of the year.

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APAC Ginseng Prices Movement Q4:

Ginseng Prices in China:

In China, ginseng prices reached 25 USD/kg in December 2023. The market stayed stable with steady supply and demand. Seasonal buying supported prices, especially from the health and traditional medicine sectors. Although production was good, strong demand helped keep prices firm by the end of the year.

Regional Analysis:  The price analysis can be extended to provide detailed Ginseng price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.