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Belgium - Ginger - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Ginger Market Overview 2021

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Ginger Market Size in Belgium

The Belgian ginger market expanded rapidly to $X in 2019, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a measured expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Ginger Exports

Exports from Belgium

In 2019, ginger exports from Belgium surged to X tonnes, growing by X% compared with 2018. In general, exports saw strong growth. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum in 2019 and are likely to see gradual growth in the immediate term.

In value terms, ginger exports surged to $X in 2019. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the near future.

Exports by Country

France (X tonnes), Russia (X tonnes) and the Netherlands (X tonnes) were the main destinations of ginger exports from Belgium, with a combined X% share of total exports. The UK, Sweden, Estonia, Germany and Luxembourg lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Sweden (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Russia ($X) and Estonia ($X) were the largest markets for ginger exported from Belgium worldwide, together comprising X% of total exports.

Estonia (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average ginger export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2010; however, from 2011 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Estonia ($X per tonne), while the average price for exports to Russia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Estonia, while the prices for the other major destinations experienced more modest paces of growth.

Ginger Imports

Imports into Belgium

Ginger imports into Belgium soared to X tonnes in 2019, surging by X% on the previous year's figure. Over the period under review, imports posted a perceptible expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Imports peaked in 2019 and are expected to retain growth in years to come.

In value terms, ginger imports soared to $X in 2019. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, the Netherlands (X tonnes) constituted the largest ginger supplier to Belgium, with a X% share of total imports. Moreover, ginger imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Austria (X tonnes), fourfold. The third position in this ranking was occupied by Peru (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Peru (+X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of ginger to Belgium, comprising X% of total imports. The second position in the ranking was occupied by Peru ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+X% per year) and China (+X% per year).

Import Prices by Country

The average ginger import price stood at $X per tonne in 2019, dropping by -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. The import price peaked at $X per tonne in 2010; however, from 2011 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Peru ($X per tonne), while the price for Austria ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ginger in the world?
+
India (1.8M tonnes) remains the largest ginger consuming country worldwide, comprising approx. 42% of total volume. Moreover, ginger consumption in India exceeded the figures recorded by the second-largest consumer, Nigeria (661K tonnes), threefold. The third position in this ranking was occupied by Nepal (296K tonnes), with a 7% share.
What are the largest producers of ginger in the world?
+
The country with the largest volume of ginger production was India (1.8M tonnes), accounting for 44% of total volume. Moreover, ginger production in India exceeded the figures recorded by the second-largest producer, Nigeria (691K tonnes), threefold. The third position in this ranking was occupied by China (581K tonnes), with a 14% share.
What are the leading suppliers of ginger to Belgium?
+
In value terms, the Netherlands ($5.2M) constituted the largest supplier of ginger to Belgium, comprising 56% of total imports. The second position in the ranking was occupied by Peru ($1.3M), with a 14% share of total imports. It was followed by China, with a 10% share.
What are the leading importers of ginger from Belgium?
+
In value terms, France ($1.1M), Russia ($683K) and Estonia ($464K) appeared to be the largest markets for ginger exported from Belgium worldwide, with a combined 58% share of total exports.
What is the average export price for ginger in Belgium?
+
In 2019, the average ginger export price amounted to $2,028 per tonne, growing by 12% against the previous year.
What is the average import price for ginger in Belgium?
+
The average ginger import price stood at $1,780 per tonne in 2019, which is down by -3.9% against the previous year.

Product coverage:
• FCL 720 - Ginger

This report provides an in-depth analysis of the ginger market in Belgium. 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 2025.


Country coverage:
• Belgium

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Belgium
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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