Israel: Ginger Market Overview 2021

Ginger Market Size in Israel

The Israeli ginger market skyrocketed to $X in 2020, jumping 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). Overall, consumption saw prominent growth. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Ginger consumption peaked in 2020 and is likely to see steady growth in the immediate term.

Ginger Exports

Exports from Israel

In 2020, overseas shipments of ginger decreased by -X% to X tonnes, falling for the second consecutive year after four years of growth. In general, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, ginger exports shrank to $X in 2020. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

The UK (X tonnes), the U.S. (X tonnes) and Canada (X tonnes) were the main destinations of ginger exports from Israel, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ginger exported from Israel were the UK ($X), Canada ($X) and the U.S. ($X), together accounting for X% of total exports.

The UK (+X% per year) saw the highest rates of growth with regard to 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 2020, the average ginger export price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Ginger Imports

Imports into Israel

Ginger imports into Israel skyrocketed to X tonnes in 2020, picking up by X% compared with 2019. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the near future.

In value terms, ginger imports surged to $X in 2020. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, China (X tonnes) constituted the largest ginger supplier to Israel, with a X% share of total imports. Moreover, ginger imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), threefold. India (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and India (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and India (+X% per year).

Import Prices by Country

The average ginger import price stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the import price posted resilient growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were China ($X per tonne) and India ($X per tonne), while the price for Brazil ($X per tonne) and Guatemala ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ginger in the world?

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India (1.9M tonnes) remains the largest ginger consuming country worldwide, comprising approx. 43% of total volume. Moreover, ginger consumption in India exceeded the figures recorded by the second-largest consumer, Nigeria (759K tonnes), threefold. The third position in this ranking was occupied by Nepal (307K tonnes), with a 6.9% share.

What are the largest producers of ginger in the world?

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India (2M tonnes) remains the largest ginger producing country worldwide, comprising approx. 45% of total volume. Moreover, ginger production in India exceeded the figures recorded by the second-largest producer, Nigeria (780K tonnes), threefold. China (615K tonnes) ranked third in terms of total production with a 14% share.

What are the leading suppliers of ginger to Israel?

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In value terms, China ($3.2M) constituted the largest supplier of ginger to Israel, comprising 65% of total imports. The second position in the ranking was occupied by Brazil ($881K), with a 18% share of total imports. It was followed by India, with a 8.9% share.

What are the leading importers of ginger from Israel?

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In value terms, the largest markets for ginger exported from Israel were the UK ($10K), Canada ($10K) and the U.S. ($5K), with a combined 83% share of total exports.

What is the average export price for ginger in Israel?

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In 2020, the average ginger export price amounted to $3,283 per tonne, waning by -1.6% against the previous year.

What is the average import price for ginger in Israel?

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The average ginger import price stood at $2,413 per tonne in 2020, picking up by 40% against the previous year.