Brazil: Ginger Market Overview 2021

Ginger Market Size in Brazil

The Brazilian ginger market declined sharply to $X in 2019, which is down by -X% against the previous year. In general, consumption showed a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Ginger consumption peaked at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Ginger Production in Brazil

In value terms, ginger production stood at $X in 2019 estimated in export prices. In general, the total production indicated a moderate expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2015 to 2019, production growth failed to regain the momentum.

In 2019, the average ginger yield in Brazil stood at X kg per ha, stabilizing at the year before. In general, the 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.

The ginger harvested area in Brazil was estimated at X ha in 2019, remaining relatively unchanged against the previous year. In general, the harvested area recorded a relatively flat trend pattern.

Ginger Exports

Exports from Brazil

Ginger exports from Brazil reached X tonnes in 2019, picking up by X% on the year before. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to see steady growth in years to come.

In value terms, ginger exports rose sharply to $X in 2019. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Exports peaked in 2019 and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tonnes), the U.S. (X tonnes) and Argentina (X tonnes) were the main destinations of ginger exports from Brazil, together accounting for X% of total exports. Italy, Russia, the UK and Spain lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Spain, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the U.S. ($X) and Russia ($X) appeared to be the largest markets for ginger exported from Brazil worldwide, together comprising X% of total exports.

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

Export Prices by Country

The average ginger export price stood at $X per tonne in 2019, with an increase of X% against the previous year. In general, the export price enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Russia ($X per tonne), while the average price for exports to Argentina ($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 Russia, while the prices for the other major destinations experienced more modest paces of growth.

Ginger Imports

Imports into Brazil

In 2019, purchases abroad of ginger decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Overall, imports, however, showed strong growth. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2018, and then plummeted in the following year.

In value terms, ginger imports declined sharply to $X in 2019. Over the period under review, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2018, and then shrank sharply in the following year.

Imports by Country

Peru (X tonnes), China (X tonnes) and India (X tonnes) were the main suppliers of ginger imports to Brazil, together comprising X% of total imports. These countries were followed by the U.S. and Italy, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Peru ($X) and Italy ($X) appeared to be the largest ginger suppliers to Brazil, together comprising X% of total imports.

Among the main suppliers, Italy saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average ginger import price amounted to $X per tonne, growing by X% against the previous year. Overall, the import price showed notable growth. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ginger in the world?

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India (1.8M tonnes) constituted the country with the largest volume of ginger consumption, comprising approx. 42% of total volume. Moreover, ginger consumption in India exceeded the figures recorded by the second-largest consumer, Nigeria (661K tonnes), threefold. Nepal (296K tonnes) ranked third in terms of total consumption with a 7% share.

What are the largest producers of ginger in the world?

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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. China (581K tonnes) ranked third in terms of total production with a 14% share.

What are the leading suppliers of ginger to Brazil?

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In value terms, the largest ginger suppliers to Brazil were China ($188K), Peru ($156K) and Italy ($94K), with a combined 87% share of total imports.

What are the leading importers of ginger from Brazil?

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In value terms, the largest markets for ginger exported from Brazil were the Netherlands ($11M), the U.S. ($8M) and Russia ($870K), together comprising 81% of total exports.

What is the average export price for ginger in Brazil?

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In 2019, the average ginger export price amounted to $1,357 per tonne, with an increase of 3.6% against the previous year.

What is the average import price for ginger in Brazil?

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In 2019, the average ginger import price amounted to $2,586 per tonne, increasing by 6% against the previous year.