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

Asia: Ginger Market Overview 2019

Ginger Market Size in Asia

The revenue of the ginger market in Asia amounted to $X in 2018, surging by X% against the previous year. Overall, ginger consumption continues to indicate a remarkable growth. The growth pace was the most rapid in 2011, when the market value increased by X% y-o-y. Over the period under review, the ginger market reached its peak figure level at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Ginger Production in Asia

In value terms, ginger production amounted to $X in 2018 estimated in export prices. In general, ginger production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. The level of ginger production peaked at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

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 stood at X tonne per ha in 2018, picking up by X% against the previous year. In general, ginger yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when the yield increased by X% y-o-y. In that year, the ginger yield reached its peak level of X tonne per ha. From 2011 to 2018, the growth of the ginger yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, harvested area of ginger in Asia stood at X ha, picking up by X% against the previous year. The total harvested area indicated a remarkable expansion from 2007 to 2018: its figure increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the ginger harvested area increased by +X% against 2013 indices. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. The figure of ginger harvested area peaked in 2018, and is likely to continue its growth in the immediate term.

Ginger Exports

Exports in Asia

In 2018, the amount of ginger exported in Asia amounted to X tonnes, going down by -X% against the previous year. In general, ginger exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. In that year, ginger exports attained their peak of X tonnes. From 2011 to 2018, the growth of ginger exports remained at a lower figure.

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

Exports by Country

China represented the major exporting country with an export of about X tonnes, which accounted for X% of total exports. It was distantly followed by Thailand (X tonnes), mixing up X% share of total exports. The following exporters - India (X tonnes) and the United Arab Emirates (X tonnes) together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to ginger exports from China stood at -X%. At the same time, Thailand (+X%) and India (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2018. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. China (X%) significantly strengthened its position in terms of the global exports, while India and Thailand saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, ginger exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Thailand (+X% per year) and India (+X% per year).

Export Prices by Country

In 2018, the ginger export price in Asia amounted to $X per kg, increasing by X% against the previous year. Overall, the ginger export price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2011, when the export price increased by X% year-to-year. The level of export price peaked at $X per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was India ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

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

Ginger Imports

Imports in Asia

In 2018, imports of ginger in Asia stood at X tonnes, approximately mirroring the previous year. The total imports indicated a moderate expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the ginger imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2012, when the imports increased by X% against the previous year. In that year, ginger imports reached their peak of X tonnes. From 2013 to 2018, the growth of ginger imports remained at a lower figure.

In value terms, ginger imports amounted to $X in 2018. The total imports indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the ginger imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2010, when the imports increased by X% y-o-y. Over the period under review, ginger imports reached their peak figure at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

Pakistan (X tonnes) and Japan (X tonnes) represented roughly X% of total imports of ginger in 2018. It was distantly followed by the United Arab Emirates (X tonnes), Malaysia (X tonnes), Bangladesh (X tonnes), Saudi Arabia (X tonnes) and India (X tonnes), together generating X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Pakistan ($X) and the United Arab Emirates ($X) were the countries with the highest levels of imports in 2018, together comprising X% of total imports.

Among the main importing countries, the United Arab Emirates experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the ginger import price in Asia amounted to $X per tonne, jumping by X% against the previous year. In general, the ginger import price continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2013, when the import price increased by X% year-to-year. Over the period under review, the import prices for ginger reached their peak figure at $X per tonne in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import 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 import prices was attained by India, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform