Wild Ginseng Price Per Pound 2024. Total harvest for 2022 was a nominal change from 2021, resulting in a harvest of approximately 28,000. Menu icon a vertical stack of three.
With predictions for this year’s american ginseng harvest suggesting roots could go for as much as $1,400 per pound, it’s hardly surprising. The global market for ginseng estimated at us$8 billion in the year 2022, is projected to reach a revised size of us$11.7 billion by 2026, growing at a cagr of 11%.
Below Are The Current Prices For This Year:
With predictions for this year's american ginseng harvest suggesting roots could go for as much as $1,400 per pound, it's hardly surprising.
$400/Lb Fresh (Unwashed) Ginseng Prices:
The retail price range for india ginseng roots is between us$ 4.59 and us$ 6.41 per kilogram or between us$ 2.08 and us$ 2.91 per pound (lb).
He Said The Only Info He Had At The Moment Was Wet Seng Will Start At $10 A Ounce So $160Lb And He.
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Wild American Ginseng Harvests Keep Falling, Even As Prices Rise.
The ginseng market is constantly changing, therefore the price per acre fluctuates constantly.
The Dried Root Currently Costs $300 To $600 A Pound For The Wild Variety And Between $68 And $140 A Kg For The Cultivated Variety.
It will likely exhibit a cagr of 4.3% during the assessment period, with an overall market valuation totaling us$ 1,262.3.