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World - Ginger - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Ginger - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jul 6, 2021

India Clashes with China in the Global Ginger Export Market

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 tons. 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 tons, 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 tons. 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 tons 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 tons, followed by the UK (15% or 29K tons) and Germany (14% or 28K tons). 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 tons 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 tons) 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 tons), threefold. The third position in this ranking was occupied by Nepal (307K tons), 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 tons, 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 tons, which was near 63% of total exports in 2020. It was distantly followed by India (102K tons), the Netherlands (62K tons) and Thailand (48K tons), together making up a 23% share of total exports. Brazil (32K tons), Peru (26K tons) and Nigeria (18K tons) 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 Market Intelligence Platform

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 2030.

Product coverage:

  • FCL 720 - Ginger

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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

Company coverage:

Organic Mountain Flavor Pvt. Ltd., Capital Foods Ltd., Buderim Group Limited, The Ginger People, Canadian Ginger Company, Indian Organic Farmers Producer Company Limited (IOFPCL), AKO GmbH, Guangxi Yongjiang Food Industry Co., Ltd, Archer-Daniel-Midland Company, Monterey Bay Spice Co., SA Rawther Spices (P) Ltd., Sino-Nature International Co. Ltd., Sun Impex International Foods LLC, ITC Ltd.

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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