Pakistan: Ginger Market 2024

Ginger Market Size in Pakistan

After two years of growth, the Pakistani ginger market decreased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate buoyant growth. Ginger consumption peaked at $X in 2021, and then reduced markedly in the following year.

Ginger Production in Pakistan

In value terms, ginger production dropped sharply to $X in 2022 estimated in export price. Overall, production showed a sharp curtailment. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Ginger production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average ginger yield in Pakistan reduced dramatically to X kg per ha, with a decrease of X% on the previous year's figure. Overall, the yield continues to indicate a sharp reduction. The growth pace was the most rapid in 2021 when the yield increased by X%. As a result, the yield attained the peak level of X kg per ha, and then reduced remarkably in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of ginger in Pakistan surged to X ha, rising by X% against the previous year. In general, the harvested area, however, recorded a noticeable contraction. The ginger harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

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Ginger Exports

Exports from Pakistan

In 2022, shipments abroad of ginger was finally on the rise to reach X tons after two years of decline. In general, exports, however, recorded a mild contraction. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, ginger exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), Saudi Arabia (X tons) and the Netherlands (X tons) were the main destinations of ginger exports from Pakistan, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Saudi Arabia ($X) and the Netherlands ($X) were the largest markets for ginger exported from Pakistan worldwide, with a combined X% share of total exports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average ginger export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ginger export price increased by X% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ginger Imports

Imports into Pakistan

In 2022, imports of ginger into Pakistan fell slightly to X tons, dropping by X% compared with 2021. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, ginger imports declined remarkably to $X in 2022. Overall, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped notably in the following year.

Imports by Country

Thailand (X tons), China (X tons) and Indonesia (X tons) were the main suppliers of ginger imports to Pakistan, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest ginger suppliers to Pakistan were Thailand ($X), China ($X) and Indonesia ($X), with a combined X% share of total imports.

Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ginger import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price, however, saw strong growth. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then contracted notably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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