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U.S. retailers are facing garlic shortages and soaring prices

2020-05-15 14:10:49

U.S. retailers are facing garlic shortages and soaring prices

During the production shutdown period, American retailers are facing garlic shortages and soaring prices. Some growers say that the pandemic is the last driving force behind a series of dominoes driving the market.

According to retail data, people staying at home are increasingly cooking with garlic. Some industry leaders speculate that the panic buying of garlic is also related to the health characteristics of vegetables. However, while demand is rising, supply is shrinking.

The virus caused a disruption in the supply chain with China, the world ’s largest garlic producer. Another garlic giant Argentina recently transferred most of its exports to Brazil instead of the United States through a trade agreement. After the storm destroyed most of the 2019 crops, domestically produced garlic has been in short supply.

According to the USA, this spring, the average price of a string of 5 garlic bulbs was about $ 1.43, 29% higher than the same period last year. Industry experts predict that with the readjustment of the global supply chain and the relaxation of the blockade, garlic imports will increase in May or June and prices will stabilize.

Tony Wang

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U.S. retailers are facing garlic shortages and soaring prices