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

Colombia: Ginger Market Overview 2019

Ginger Market Size in Colombia

The revenue of the ginger market in Colombia amounted to $X in 2017, shrinking by -X% against the previous year. Overall, ginger consumption continues to indicate a drastic decrease. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. In that year, the ginger market attained their peak level of $X. From 2011 to 2017, growth of the ginger market stood at a somewhat lower level.

Ginger Production in Colombia

Ginger production in Colombia totaled X kg in 2017, approximately reflecting the previous year. In general, ginger production continues to indicate a relatively flat trend pattern. Ginger output in Colombia indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

In 2017, average ginger yield in Colombia stood at X kg per ha, standing approx. at the previous year. Overall, 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 2017, approx. X ha of ginger were harvested in Colombia; flattening at the previous year. In general, ginger harvested area continues to indicate a relatively flat trend pattern.

Ginger Exports from Colombia

In 2017, exports of ginger from Colombia stood at X kg, dropping by -X% against the previous year. Overall, ginger exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2015, with an increase of -X% against the previous year. Over the period under review, the ginger exports reached its peak figure volume of X kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, ginger exports stood at $X in 2017. In general, ginger exports continue to indicate a precipitous downturn. Over the period under review, the ginger exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Ginger Exports by Country from Colombia

In 2017, Ethiopia (X tonnes) was the main exporter for ginger, generating X% of total exports. Nigeria (X tonnes) ranks second in terms of the global exports with a X% share, followed by India (X%) and Nepal (X%). Lithuania (X tonnes) held the minor share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Lithuania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the largest ginger supplier from Colombia, making up X% of global exports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of global exports. It was followed by Ethiopia, with a X% share.

In India, ginger exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Nigeria (-X% per year) and Ethiopia (+X% per year).

Ginger Export Prices by Country in Colombia

In 2017, the ginger export price in Colombia amounted to $X per tonne, therefore, remained relatively stable against the previous year. In general, ginger export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. In that year, the export prices for ginger attained their peak level of $X per tonne. From 2015 to 2017, growth of the export prices for ginger stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was India ($X per tonne), while Ethiopia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Ginger Imports into Colombia

In 2017, imports of ginger into Colombia amounted to X tonnes, shrinking by -X% against the previous year. In general, ginger imports continue to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2015, when it surged by X% year-to-year. Over the period under review, the ginger imports attained its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, ginger imports stood at $X in 2017. Overall, ginger imports continue to indicate a drastic descent. Over the period under review, the ginger imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Ginger Import Prices by Country in Colombia

In 2017, the ginger import price in Colombia amounted to $X per tonne, going down by -X% against the previous year. In general, ginger import price continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2014, when the import prices increased by X% y-o-y. Over the period under review, the import prices for ginger reached its maximum level of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was India ($X per tonne), while Bahrain ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Morocco (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform