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From April 2023 to November 2023, the growth of Ginger imports did not pick up speed. The value of Ginger imports increased to $9.6M in November 2023.
During the period from April 2023 to November 2023, the import growth of Ginger remained at a lower figure. The value of Ginger imports experienced a surge, reaching $9.6M in November 2023.
From October 2022 to August 2023, the import growth of Ginger remained at a lower level. The value of Ginger imports decreased to $662K in August 2023.
As of July 2023, the price of Ginger was $2,223 per ton (FOB, Brazil), representing a 21% increase compared to the previous month.
In May 2023, the price of Ginger was $3,564 per ton (FOB, Netherlands), experiencing a growth of 1.9% compared to the previous month.
In May 2023, the Ginger price reached $4,144 per ton (CIF, Australia), recording a 4.6% increase compared to the previous month.
In February 2023, the ginger price stood at $2,470 per ton (CIF, Canada), remaining stable against the previous month.
In March 2023, the ginger price stood at $2,169 per ton (FOB, China), with an increase of 5.7% against the previous month.
In November 2022, the ginger price amounted to $655 per ton (FOB, India), which is down by -5.9% against the previous month.
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
In September 2022, the ginger price amounted to $1,269 per ton (CIF, US), surging by 2.3% against the previous month.
In June 2022, the ginger price per tonamounted to $1,169 per ton, falling by -16.3% against the previous month.