Report Asia - Ginger - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jun 1, 2023

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

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Asia: Ginger Market 2023

Ginger Market Size in Asia

The Asian ginger market expanded modestly to $X in 2021, surging by 2.7% against the previous year. The total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -4.7% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Ginger Production in Asia

In value terms, ginger production rose notably to $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.2% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 50% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

The country with the largest volume of ginger production was India (X tons), comprising approx. 55% of total volume. Moreover, ginger production in India exceeded the figures recorded by the second-largest producer, China (X tons), threefold. The third position in this ranking was held by Nepal (X tons), with a 9% share.

In India, ginger production increased at an average annual rate of +10.2% over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: China (+2.5% per year) and Nepal (+1.7% per year).

The average ginger yield amounted to X tons per ha in 2021, remaining constant against the previous year's figure. The yield indicated a temperate increase from 2012 to 2021: its figure increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ginger yield decreased by -0.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the yield increased by 29% against the previous year. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2021, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of ginger were harvested in Asia; declining by -2.1% on the year before. The harvested area increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 9.2%. Over the period under review, the harvested area dedicated to ginger production attained the maximum at X ha in 2020, and then declined in the following year.

Ginger Exports

Exports in Asia

In 2021, exports of ginger in Asia amounted to X tons, therefore, remained relatively stable against 2020 figures. Total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +65.3% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 48% against the previous year. The volume of export peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, ginger exports shrank to $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +9.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +67.8% against 2016 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 43% against the previous year. The level of export peaked at $X in 2020, and then reduced in the following year.

Exports by Country

In 2021, China (X tons) represented the main exporter of ginger, mixing up 64% of total exports. It was distantly followed by India (X tons) and Thailand (X tons), together comprising a 33% share of total exports.

Exports from China increased at an average annual rate of +5.2% from 2012 to 2021. At the same time, India (+20.5%) and Thailand (+9.7%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +20.5% from 2012-2021. India (+15 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -14.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ginger supplier in Asia, comprising 72% of total exports. The second position in the ranking was held by India ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +9.1%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+13.1% per year) and Thailand (+10.2% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2021, waning by -14.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2014 an increase of 24% against the previous year. The level of export peaked at $X per ton in 2020, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was China ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the other leaders experienced mixed trends in the export price figures.

Ginger Imports

Imports in Asia

In 2021, overseas purchases of ginger increased by 1.5% to X tons, rising for the fourth consecutive year after two years of decline. Total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +38.3% against 2017 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 20%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, ginger imports shrank to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.1% against 2016 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 25% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then declined slightly in the following year.

Imports by Country

In 2021, Bangladesh (X tons), distantly followed by Pakistan (X tons), Japan (X tons), Malaysia (X tons), the United Arab Emirates (X tons), Saudi Arabia (X tons) and Vietnam (X tons) were the major importers of ginger, together achieving 79% of total imports. Yemen (X tons), India (X tons), Singapore (X tons), Thailand (X tons) and China (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +47.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ginger importing markets in Asia were Japan ($X), Pakistan ($X) and Bangladesh ($X), with a combined 47% share of total imports. These countries were followed by the United Arab Emirates, Malaysia, Saudi Arabia, Vietnam, Singapore, India, Yemen, China and Thailand, which together accounted for a further 38%.

China, with a CAGR of +41.5%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2021, dropping by -4.4% against the previous year. Over the last nine years, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2014 when the import price increased by 24%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+18.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for ginger in Asia?
+
India remains the largest ginger consuming country in Asia, comprising approx. 52% of total volume. Moreover, ginger consumption in India exceeded the figures recorded by the second-largest consumer, Nepal, sixfold. The third position in this ranking was held by Bangladesh, with a 7.6% share.
What are the largest producers of ginger in Asia?
+
India remains the largest ginger producing country in Asia, accounting for 55% of total volume. Moreover, ginger production in India exceeded the figures recorded by the second-largest producer, China, threefold. Nepal ranked third in terms of total production with a 9% share.
What are the leading exporters of ginger in Asia?
+
In value terms, China remains the largest ginger supplier in Asia, comprising 72% of total exports. The second position in the ranking was held by India, with a 16% share of total exports.
What are the leading importers of ginger in Asia?
+
In value terms, Japan, Pakistan and Bangladesh constituted the countries with the highest levels of imports in 2021, with a combined 47% share of total imports. These countries were followed by the United Arab Emirates, Malaysia, Saudi Arabia, Vietnam, Singapore, India, Yemen, China and Thailand, which together accounted for a further 38%.
What is the average export price for ginger in Asia?
+
In 2021, the export price in Asia amounted to $1,116 per ton, reducing by -14.3% against the previous year.
What is the average import price for ginger in Asia?
+
The import price in Asia stood at $1,079 per ton in 2021, falling by -4.4% against the previous year.

This report provides an in-depth analysis of the ginger market in Asia. 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:
• Afghanistan
• Armenia
• Bahrain
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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. 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. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Harvested Area, By Country, 2012-2022
Table 7:
Yield, By Country, 2012-2022
Table 8:
Imports, In Physical Terms, By Country, 2012–2022
Table 9:
Imports, In Value Terms, By Country, 2012–2022
Table 10:
Import Prices, By Country Of Destination, 2012–2022
Table 11:
Exports, In Physical Terms, By Country, 2012–2022
Table 12:
Exports, In Value Terms, By Country, 2012–2022
Table 13:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Volume Forecast to 2030
Figure 5:
Market Value Forecast to 2030
Figure 6:
Products: Market Size And Growth, By Type
Figure 7:
Products: Average Per Capita Consumption, By Type
Figure 8:
Products: Exports And Growth, By Type
Figure 9:
Products: Export Prices And Growth, By Type
Figure 10:
Production Volume And Growth
Figure 11:
Yield And Growth
Figure 12:
Exports And Growth
Figure 13:
Export Prices And Growth
Figure 14:
Market Size And Growth
Figure 15:
Per Capita Consumption
Figure 16:
Imports And Growth
Figure 17:
Import Prices
Figure 18:
Production, In Physical Terms, 2012–2022
Figure 19:
Production, In Value Terms, 2012–2022
Figure 20:
Area Harvested, 2012–2022
Figure 21:
Yield, 2012–2022
Figure 22:
Production, By Country, 2022
Figure 23:
Production, In Physical Terms, By Country, 2012–2022
Figure 24:
Harvested Area, By Country, 2022
Figure 25:
Harvested Area, By Country, 2012-2022
Figure 26:
Yield, By Country, 2012-2022
Figure 27:
Imports, In Physical Terms, 2012–2022
Figure 28:
Imports, In Value Terms, 2012–2022
Figure 29:
Imports, In Physical Terms, By Country, 2022
Figure 30:
Imports, In Physical Terms, By Country, 2012–2022
Figure 31:
Imports, In Value Terms, By Country, 2012–2022
Figure 32:
Import Prices, By Country, 2012–2022
Figure 33:
Exports, In Physical Terms, 2012–2022
Figure 34:
Exports, In Value Terms, 2012–2022
Figure 35:
Exports, In Physical Terms, By Country, 2022
Figure 36:
Exports, In Physical Terms, By Country, 2012–2022
Figure 37:
Exports, In Value Terms, By Country, 2012–2022
Figure 38:
Export Prices, 2012–2022
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