Price level of TCM healthcare products in China 2018-2019

Published by
Wenyi Zhang,
Jan 27, 2022
In 2019, around 31 percent of traditional Chinese medicine (TCM) healthcare products in China had a sales price of over 400 yuan, showing an increase from 25 percent in the previous year. Since the outbreak of COVID-19, TCM healthcare products have become more expensive in China, mainly due to a rising demand and an increasing TCM raw material costs.

Market share of traditional Chinese medicine (TCM) healthcare products in China in 2018 and 2019, by price range

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Release date

February 2021

Region

China

Survey time period

2018 and 2019

Supplementary notes

One yuan equals to approximately 0.16 U.S. dollars and 0.13 euros (as of June 2021).

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