Australia and Oceania: Ginger Market 2024

Ginger Market Size in Australia and Oceania

After two years of growth, the ginger market in Australia and Oceania decreased by X% to $X in 2022. In general, consumption, however, showed a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted in the following year.

Ginger Production in Australia and Oceania

In value terms, ginger production amounted to $X in 2022 estimated in export price. The total production indicated a prominent expansion from 2012 to 2022: 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 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The country with the largest volume of ginger production was Fiji (X tons), accounting for X% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Fiji amounted to X%.

In 2022, the average yield of ginger in Australia and Oceania reached X tons per ha, remaining relatively unchanged against 2021. Over the period under review, the yield, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2019 when the yield increased by X%. Over the period under review, the ginger yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2022, 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.

The ginger harvested area contracted to X ha in 2022, which is down by X% on 2021. Overall, the harvested area, however, recorded prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to ginger production attained the peak figure at X ha in 2021, and then reduced in the following year.

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Ginger Exports

Exports in Australia and Oceania

In 2022, after two years of growth, there was decline in shipments abroad of ginger, when their volume decreased by X% to X tons. In general, exports saw a mild reduction. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, ginger exports totaled $X in 2022. Overall, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Fiji dominates exports structure, reaching X tons, which was near X% of total exports in 2022. Australia (X tons) ranks second in terms of the total exports with a X% share, followed by New Zealand (X%).

From 2012 to 2022, average annual rates of growth with regard to ginger exports from Fiji stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Australia (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Fiji (X p.p.) and Australia (X p.p.) displayed negative dynamics.

In value terms, Fiji ($X) remains the largest ginger supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

In Fiji, ginger exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (X% per year) and New Zealand (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the export price figures.

Ginger Imports

Imports in Australia and Oceania

In 2022, after two years of growth, there was significant decline in purchases abroad of ginger, when their volume decreased by X% to X tons. In general, imports, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped rapidly in the following year.

In value terms, ginger imports declined notably to $X in 2022. Over the period under review, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then shrank sharply in the following year.

Imports by Country

The purchases of the two major importers of ginger, namely New Zealand and Australia, represented more than two-thirds of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Australia (with a CAGR of X%).

In value terms, the largest ginger importing markets in Australia and Oceania were Australia ($X) and New Zealand ($X).

Among the main importing countries, Australia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, falling by X% against the previous year. Import price indicated moderate growth from 2012 to 2022: its price 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. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform

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