Brazil: Ginger Market Overview 2020

Ginger Market Size in Brazil

The revenue of the ginger market in Brazil amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, ginger consumption continues to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Over the period under review, the ginger market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Ginger Production in Brazil

In value terms, ginger production stood at $X in 2018 estimated in export prices. Overall, the total output indicated a mild expansion from 2007 to 2018: its value 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. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. In that year, ginger production attained its peak level of $X. From 2015 to 2018, ginger production growth failed to regain its momentum.

Average yield of ginger in Brazil stood at X kg per ha in 2018, remaining stable against the previous year. Over the period under review, the ginger yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the ginger harvested area in Brazil stood at X ha, leveling off at the previous year. In general, the ginger harvested area continues to indicate a relatively flat trend pattern.

Ginger Exports

Exports from Brazil

In 2018, the amount of ginger exported from Brazil stood at X tonnes, going up by X% against the previous year. In general, ginger exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. In that year, ginger exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, ginger exports stood at $X in 2018. Overall, ginger exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

The U.S. (X tonnes), the Netherlands (X tonnes) and Belarus (X tonnes) were the main destinations of ginger exports from Brazil, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Belarus (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the Netherlands ($X) and Russia ($X) were the largest markets for ginger exported from Brazil worldwide, with a combined X% share of total exports. Poland, France, Belarus, Germany and Argentina lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest growth rate of exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average ginger export price amounted to $X per tonne, waning by -X% against the previous year. In general, the ginger export price, however, continues to indicate mild growth. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. In that year, the average export prices for ginger attained their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average export prices for ginger remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Russia, while the prices for the other major destinations experienced more modest paces of growth.

Ginger Imports

Imports into Brazil

In 2018, approx. X tonnes of ginger were imported into Brazil; picking up by X% against the previous year. Over the period under review, ginger imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, ginger imports stood at $X in 2018. Over the period under review, ginger imports continue to indicate strong growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, ginger imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

China (X tonnes), Nigeria (X tonnes) and India (X tonnes) were the main suppliers of ginger imports to Brazil, together accounting for X% of total imports.

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

In value terms, China ($X), Nigeria ($X) and India ($X) constituted the largest ginger suppliers to Brazil, with a combined X% share of total imports.

Among the main suppliers, India (+X% per year) recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average ginger import price amounted to $X per tonne, going up by X% against the previous year. Overall, the ginger import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for ginger reached their peak figure at $X per tonne in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

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

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

Source: IndexBox AI Platform