China: TCM wholesale turnover value 2022

In 2022, the wholesale turnover value of traditional Chinese medicine (TCM) products in commodity exchange markets with an annual transaction value above 100 million yuan amounted to more than 183 billion yuan, representing a slight increase compared to the previous year. Traditional Chinese medicine is an important component of the Chinese pharmaceutical industry, with many believing its efficacy in the country.

Turnover wholesale turnover of traditional Chinese medicine (TCM) in larger commodity exchange markets in China from 2008 to 2022 (in billion yuan)

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Release date

March 2024

More information

Region

China

Survey time period

2008 to 2022

Special properties

only turnover data of wholesalers in commodity exchange markets with annual transaction value over 100 million yuan were collected and included

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of March 2024).

Figures have been rounded for a better understanding.

The source does not provide a publication date. The release date stated here is the date of access.

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