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World - Ginger - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Article Publishing Date: Jul 6, 2021

India Clashes with China in the Global Ginger Export Market

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IndexBox has just published a new report: 'World - Ginger - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.

Key Trends and Insights

The pandemic contributed to the growth of the global ginger market of 2020 by 7.6% y-o-y to 4.5M tonnes. The increased focus on foods with a reputation for benefits to the immune system during the Covid-19 epidemic, as well as the rise in the popularity of Asian foodstuffs and condiments in Western countries, have been the main drivers for the increased demand for ginger.

China, with a volume of supplies of 578K tonnes, traditionally remains the world's largest exporter of ginger, but in 2020 the country met swiftly growing competition from India, which tripled its exports to 102K tonnes. India is a leader in the production of ginger with a 45% share of the world output, which gives it every chance to seriously press China and other countries in the export market.

Ginger imports to Europe are growing rapidly amid the pandemic. In 2020, 197K tonnes were imported to the region, which is 13% more than the previous year. The leading European importer is the Netherlands, which accounts for 40% of total imports to the former European Union, with the volume of 79K tonnes, followed by the UK (15% or 29K tonnes) and Germany (14% or 28K tonnes). China remains the largest supplier to European countries, but due to the high EU requirements for quality, suppliers of organic ginger from Peru and Brazil are gaining an increasing share of this market.

The lack of containers and the high cost of shipping ginger in the global market remain key challenges at the moment. The rise in logistics costs led to an increase in the average world import price from $1.2 per kg in 2019 to $1.5 per kg in 2020. Additionally, the structure of the international supply of the product has changed - the volume of exported fresh ginger has slightly decreased, while the amount of dried and frozen ginger has grown.

Increased demand for ginger from a growing population should act as the main driver for the market, which is expected to reach 6.6M tonnes by 2030. Soft drinks and syrups containing ginger have become increasingly popular, which should further stimulate market growth.

Global Ginger Consumption 

The global ginger market surged to $7.3B in 2020, with an increase of 19% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2020: its value increased at an average annual rate of +7.3% over the last eight years. 

India (1.9M tonnes) remains the largest ginger-consuming country worldwide, accounting for 43% of total volume. Moreover, ginger consumption in India exceeded the figures recorded by the second-largest consumer, Nigeria (762K tonnes), threefold. The third position in this ranking was occupied by Nepal (307K tonnes), with a 6.9% share.

In India, ginger consumption expanded at an average annual rate of +11.9% over the period from 2012-2020. The remaining consuming countries recorded the following average annual rates of consumption growth: Nigeria (+9.4% per year) and Nepal (+2.9% per year).

In value terms, India ($3.4B) led the market, alone. The second position in the ranking was occupied by Nigeria ($1.4B). It was followed by Indonesia.

Global Ginger Exports

In 2020, global ginger exports rose notably to 918K tonnes, with an increase of 11% against the year before. In general, total exports indicated resilient growth from 2012 to 2020: its volume increased at an average annual rate of +7.1% over the last eight-year period. In value terms, ginger exports skyrocketed to $1.3B (IndexBox estimates) in 2020. 

China was the largest exporter of ginger in the world, with the volume of exports amounting to 578K tonnes, which was near 63% of total exports in 2020. It was distantly followed by India (102K tonnes), the Netherlands (62K tonnes) and Thailand (48K tonnes), together making up a 23% share of total exports. Brazil (32K tonnes), Peru (26K tonnes) and Nigeria (18K tonnes) followed a long way behind the leaders.

In value terms, China ($719M) remains the largest ginger supplier worldwide, comprising 56% of global exports. The second position in the ranking was occupied by the Netherlands ($156M), with a 12% share of global exports. It was followed by India, with a 7.5% share.

Source: IndexBox Platform

Product coverage:
• FCL 720 - Ginger

This report provides an in-depth analysis of the global ginger market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2018–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007-2020
Table 7:
Yield, By Country, 2007-2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007-2020
Figure 25:
Yield, By Country, 2007-2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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