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

Asia: Ginger Market Overview 2020

Ginger Market Size in Asia

The revenue of the ginger market in Asia amounted to $X in 2018, approximately mirroring the previous year. In general, ginger consumption continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. The level of ginger consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Ginger Production in Asia

In value terms, ginger production totaled $X in 2018 estimated in export prices. In general, ginger production continues to indicate buoyant growth. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. The level of ginger production peaked in 2018 and is expected to retain its growth in the near future.

The countries with the highest volumes of ginger production in 2018 were India (X tonnes), China (X tonnes) and Nepal (X tonnes), together accounting for X% of total production.

From 2007 to 2018, the most notable rate of growth in terms of ginger production, amongst the main producing countries, was attained by India, while the other leaders experienced more modest paces of growth.

The average ginger yield totaled X tonne per ha in 2018, growing by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. In that year, the ginger yield attained its peak level of X tonne per ha. From 2017 to 2018, the growth of the ginger yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of ginger were harvested in Asia; going up by X% against the previous year. The total harvested area indicated a prominent expansion from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ginger harvested area increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2011 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to ginger production attained its maximum in 2018 and is expected to retain its growth in the near future.

Production By Country in Asia

The countries with the highest volumes of ginger production in 2018 were India (X tonnes), China (X tonnes) and Nepal (X tonnes), with a combined X% share of total production.

From 2007 to 2018, the most notable rate of growth in terms of ginger production, amongst the main producing countries, was attained by India, while the other leaders experienced more modest paces of growth.

Ginger Exports

Exports in Asia

In 2018, the exports of ginger in Asia amounted to X tonnes, growing by X% against the previous year. Overall, ginger exports continue to indicate prominent growth. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, ginger exports attained their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, ginger exports stood at $X in 2018. Over the period under review, ginger exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. The level of exports peaked at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China represented the key exporter of ginger in Asia, with the volume of exports recording X tonnes, which was approx. X% of total exports in 2018. It was distantly followed by Thailand (X tonnes), constituting a X% share of total exports.

China was also the fastest-growing in terms of the ginger exports, with a CAGR of +X% from 2007 to 2018. At the same time, Thailand (+X%) displayed positive paces of growth. While the share of China (+X p.p.) and Thailand (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, ginger exports expanded at an average annual rate of +X% over the period from 2007-2018.

Export Prices by Country

In 2018, the ginger export price in Asia amounted to $X per tonne, declining by -X% against the previous year. In general, the ginger export price continues to indicate a measured descent. The growth pace was the most rapid in 2014 when the export price increased by X% year-to-year. In that year, the export prices for ginger attained their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the export prices for ginger failed to regain its momentum.

Average prices varied somewhat amongst the major exporting countries. In 2018, the country with the highest price was Thailand ($X per tonne), while China totaled $X per tonne.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand.

Ginger Imports

Imports in Asia

In 2018, the amount of ginger imported in Asia stood at X tonnes, rising by X% against the previous year. The total imports indicated a strong increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ginger imports decreased by -X% against 2016 indices. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. The volume of imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, ginger imports totaled $X in 2018. Over the period under review, ginger imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The level of imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of ginger imports in 2018 were Pakistan (X tonnes), Japan (X tonnes), Bangladesh (X tonnes), the United Arab Emirates (X tonnes), Malaysia (X tonnes), Saudi Arabia (X tonnes) and India (X tonnes), together accounting for X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while 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 the United Arab Emirates ($X), together accounting for X% of total imports. These countries were followed by Bangladesh, Malaysia, Saudi Arabia and India, which together accounted for a further X experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The ginger import price in Asia stood at $X per tonne in 2018, going up by X% against the previous year. The import price indicated a notable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ginger import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. The level of import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Pakistan, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform