Report Brazil - Ginger - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

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

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Brazil: Ginger Market 2023

Ginger Market Size in Brazil

For the fourth year in a row, the Brazilian ginger market recorded decline in sales value, which decreased by -87.5% to $X in 2021. Overall, consumption showed a sharp curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Ginger Production in Brazil

In value terms, ginger production reduced to $X in 2021 estimated in export price. Overall, the total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +13.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 50%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Ginger Exports

Exports from Brazil

In 2021, overseas shipments of ginger increased by 31% to X tons, rising for the fourth year in a row after two years of decline. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 169% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, ginger exports reduced to $X in 2021. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 127% against the previous year. As a result, the exports attained the peak of $X, and then shrank modestly in the following year.

Exports by Country

The Netherlands (X tons), the United States (X tons) and Argentina (X tons) were the main destinations of ginger exports from Brazil, together accounting for 79% of total exports. Russia, the UK, Spain and Italy lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +121.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and Russia ($X) constituted the largest markets for ginger exported from Brazil worldwide, together accounting for 78% of total exports. These countries were followed by Argentina, Spain, the UK and Italy, which together accounted for a further 15%.

Among the main countries of destination, Spain, with a CAGR of +107.9%, saw the highest rates of growth with regard to 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 ton in 2021, which is down by -24.5% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ginger export price increased by +18.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 75% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, the highest price was recorded for prices to Russia ($X per ton) and Spain ($X per ton), while the average price for exports to Argentina ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Ginger Imports

Imports into Brazil

In 2021, after two years of growth, there was significant decline in purchases abroad of ginger, when their volume decreased by -50.2% to X tons. In general, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2015 when imports increased by 88% against the previous year. Imports peaked at X tons in 2020, and then shrank notably in the following year.

In value terms, ginger imports contracted remarkably to $X in 2021. Over the period under review, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 104%. As a result, imports attained the peak of $X, and then shrank markedly in the following year.

Imports by Country

In 2021, Peru (X tons) constituted the largest supplier of ginger to Brazil, accounting for a 71% share of total imports. Moreover, ginger imports from Peru exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Nigeria (X tons) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Peru stood at +49.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.8% per year) and Nigeria (+3.5% per year).

In value terms, Peru ($X) constituted the largest supplier of ginger to Brazil, comprising 59% of total imports. The second position in the ranking was held by China ($X), with a 9.1% share of total imports. It was followed by Nigeria, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Peru stood at +55.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-9.8% per year) and Nigeria (-0.8% per year).

Import Prices by Country

In 2021, the average ginger import price amounted to $X per ton, increasing by 30% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 78%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for ginger in the world?
+
The country with the largest volume of ginger consumption was India, comprising approx. 38% of total volume. Moreover, ginger consumption in India exceeded the figures recorded by the second-largest consumer, Nigeria, twofold. Nepal ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of ginger in the world?
+
The country with the largest volume of ginger production was India, comprising approx. 42% of total volume. Moreover, ginger production in India exceeded the figures recorded by the second-largest producer, Nigeria, threefold. The third position in this ranking was taken by China, with a 14% share.
What are the leading suppliers of ginger to Brazil?
+
In value terms, Peru constituted the largest supplier of ginger to Brazil, comprising 59% of total imports. The second position in the ranking was taken by China, with a 9.1% share of total imports. It was followed by Nigeria, with a 2.8% share.
What are the leading importers of ginger from Brazil?
+
In value terms, the Netherlands, the United States and Russia were the largest markets for ginger exported from Brazil worldwide, together accounting for 78% of total exports. Argentina, Spain, the UK and Italy lagged somewhat behind, together accounting for a further 15%.
What is the average export price for ginger in Brazil?
+
In 2021, the average ginger export price amounted to $1,187 per ton, falling by -24.5% against the previous year.
What is the average import price for ginger in Brazil?
+
The average ginger import price stood at $3,000 per ton in 2021, picking up by 30% against the previous year.

This report provides an in-depth analysis of the ginger market in Brazil. 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 2030.


Product coverage:
• FCL 720 - Ginger
Country coverage:
• Brazil

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Brazil
• 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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Area Harvested, 2012–2022
Figure 24:
Yield, 2012–2022
Figure 25:
Imports, In Physical Terms, 2012–2022
Figure 26:
Imports, In Value Terms, 2012–2022
Figure 27:
Imports, In Physical Terms, By Country, 2022
Figure 28:
Imports, In Physical Terms, By Country, 2012–2022
Figure 29:
Imports, In Value Terms, By Country, 2012–2022
Figure 30:
Import Prices, By Country Of Origin, 2012–2022
Figure 31:
Exports, In Physical Terms, 2012–2022
Figure 32:
Exports, In Value Terms, 2012–2022
Figure 33:
Exports, In Physical Terms, By Country, 2022
Figure 34:
Exports, In Physical Terms, By Country, 2012–2022
Figure 35:
Exports, In Value Terms, By Country, 2012–2022
Figure 36:
Export Prices, By Country Of Destination, 2012–2022
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