China: Ginger Market 2024

Ginger Market Size in China

In 2022, the Chinese ginger market increased by X% to $X, rising for the third year in a row after three years of decline. Overall, consumption showed a prominent increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Ginger Production in China

In value terms, ginger production expanded notably to $X in 2022 estimated in export price. In general, production, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Ginger production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of ginger in China was estimated at X tons per ha in 2022, stabilizing at 2021 figures. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the average ginger yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The ginger harvested area in China shrank to X ha in 2022, which is down by X% on the previous year's figure. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the harvested area dedicated to ginger production attained the peak figure at X ha in 2021, and then reduced in the following year.

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Ginger Exports

Exports from China

In 2022, overseas shipments of ginger decreased by X% to X tons, falling for the second consecutive year after four years of growth. In general, total exports indicated temperate 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, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, ginger exports contracted remarkably to $X in 2022. Over the period under review, exports, however, posted a pronounced increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons), the United Arab Emirates (X tons) and the Netherlands (X tons) were the main destinations of ginger exports from China, together comprising X% 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 United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the Netherlands ($X) and the United States ($X) appeared to be the largest markets for ginger exported from China worldwide, together accounting for X% of total exports. The United Arab Emirates, Malaysia, the UK, Bangladesh, Saudi Arabia, Pakistan, Canada and Vietnam lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average ginger export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Bangladesh ($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 China

In 2022, after three years of growth, there was significant decline in overseas purchases of ginger, when their volume decreased by X% to X tons. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank rapidly in the following year.

In value terms, ginger imports dropped remarkably to $X in 2022. In general, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then declined rapidly in the following year.

Imports by Country

In 2022, Myanmar (X tons) constituted the largest supplier of ginger to China, accounting for a X% share of total imports. Moreover, ginger imports from Myanmar exceeded the figures recorded by the second-largest supplier, Nigeria (X tons), twofold. The third position in this ranking was taken by Vietnam (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Myanmar amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Nigeria (X% per year) and Vietnam (X% per year).

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

Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ginger import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price faced a abrupt downturn. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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