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

Japan: Ginger Market Overview 2020

Ginger Market Size in Japan

The revenue of the ginger market in Japan amounted to $X in 2018, approximately mirroring the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Ginger consumption peaked at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Ginger Production in Japan

In value terms, ginger production stood at $X in 2018 estimated in export prices. Over the period under review, ginger production continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2010 when production volume increased by X% year-to-year. Over the period under review, ginger production reached its maximum level at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

Average yield of ginger in Japan amounted to X tonne per ha in 2018, growing by X% against the previous year. Overall, the ginger yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when yield increased by X% year-to-year. Over the period under review, the average ginger yield reached its maximum level in 2018 and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of ginger were harvested in Japan; flattening at the previous year. Over the period under review, the ginger harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 when harvested area increased by X% y-o-y. In that year, the ginger harvested area attained its peak level of X ha. From 2010 to 2018, the growth of the ginger harvested area remained at a lower figure.

Ginger Exports

Exports from Japan

In 2018, approx. X tonnes of ginger were exported from Japan; reducing by -X% against the previous year. In general, ginger exports, however, continue to indicate a slight increase. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, ginger exports stood at $X in 2018. In general, ginger exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes), Singapore (X tonnes) and China, Hong Kong SAR (X tonnes) were the main destinations of ginger exports from Japan, 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 Singapore, while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) remains the key foreign market for ginger exports from Japan, comprising X% of total ginger exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Nigeria totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Singapore (+X% per year).

Export Prices by Country

In 2018, the average ginger export price amounted to $X per tonne, jumping by X% against the previous year. In general, the ginger export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Nigeria ($X per tonne), while the average price for exports to Thailand ($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 Nigeria, while the prices for the other major destinations experienced more modest paces of growth.

Ginger Imports

Imports into Japan

Ginger imports into Japan stood at X tonnes in 2018, declining by -X% against the previous year. Over the period under review, ginger imports continue to indicate a measured decline. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, ginger imports reached their peak figure at X tonnes in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, ginger imports totaled $X in 2018. Overall, the total imports indicated a moderate expansion from 2007 to 2018: its value decreased 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. Based on 2018 figures, ginger imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Over the period under review, ginger imports attained their peak figure at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of ginger to Japan, accounting for a X% share of total imports. Moreover, ginger imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tonnes), threefold.

From 2007 to 2018, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-X% per year) and Taiwan, Chinese (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Taiwan, Chinese (+X% per year).

Import Prices by Country

In 2018, the average ginger import price amounted to $X per tonne, going up by X% against the previous year. Over the period under review, the import price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ginger import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% year-to-year. In that year, the average import prices for ginger attained their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for ginger remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Taiwan, Chinese ($X per tonne), while the price for Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2018, 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 AI Platform