Report Update Nov 1, 2024

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

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Argentina: Ginger Market 2024

Ginger Market Size in Argentina

After two years of growth, the Argentinian ginger market decreased by -11.2% to $X in 2022. Overall, consumption, however, showed a significant increase. Over the period under review, the market reached the peak level at $X in 2021, and then dropped in the following year.

Ginger Exports

Exports from Argentina

In 2022, overseas shipments of ginger decreased by -59.7% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 1,042%. The exports peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, ginger exports contracted notably to $X in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 824% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined dramatically in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for ginger exports from Argentina, with a 88% share of total exports. Moreover, ginger exports to the Netherlands exceeded the volume sent to the second major destination, Bolivia (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+35.3% per year) and Montenegro (-20.4% per year).

In value terms, the Netherlands ($X) remains the key foreign market for ginger exports from Argentina, comprising 68% of total exports. The second position in the ranking was held by Bolivia ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Netherlands stood at -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+17.0% per year) and Montenegro (+16.6% per year).

Export Prices by Country

In 2022, the average ginger export price amounted to $X per ton, dropping by -10.7% against the previous year. In general, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 525% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to the Netherlands ($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 Montenegro (+46.6%), while the prices for the other major destinations experienced a decline.

Ginger Imports

Imports into Argentina

In 2022, after two years of growth, there was significant decline in supplies from abroad of ginger, when their volume decreased by -5.1% to X tons. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2018 with an increase of 234%. Over the period under review, imports reached the maximum at X tons in 2021, and then reduced in the following year.

In value terms, ginger imports shrank remarkably to $X in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 243% against the previous year. Imports peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, Brazil (X tons) was the main supplier of ginger to Argentina, with a 96% share of total imports. It was followed by Peru (X tons), with a 2.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to +32.9%.

In value terms, Brazil ($X) constituted the largest supplier of ginger to Argentina, comprising 90% of total imports. The second position in the ranking was taken by Peru ($X), with a 4.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled +29.3%.

Import Prices by Country

In 2022, the average ginger import price amounted to $X per ton, dropping by -14.7% against the previous year. Overall, the import price showed a perceptible contraction. The pace of growth was the most pronounced in 2020 an increase of 70% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Peru ($X per ton), while the price for Brazil amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-2.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ginger in the world?

The country with the largest volume of ginger consumption was India, comprising approx. 38% of total volume. Moreover, ginger consumption in India exceeded the figures recorded by the second-largest consumer, Nigeria, twofold. Nepal ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of ginger in the world?

The country with the largest volume of ginger production was India, accounting for 42% of total volume. Moreover, ginger production in India exceeded the figures recorded by the second-largest producer, Nigeria, threefold. The third position in this ranking was occupied by China, with a 14% share.

What are the leading suppliers of ginger to Argentina?

In value terms, Brazil constituted the largest supplier of ginger to Argentina, comprising 87% of total imports. The second position in the ranking was occupied by Peru, with a 6.3% share of total imports.

What are the leading importers of ginger from Argentina?

In value terms, the Netherlands remains the key foreign market for ginger exports from Argentina, comprising 83% of total exports. The second position in the ranking was occupied by Germany, with an 8.6% share of total exports. It was followed by Bolivia, with a 5.2% share.

What is the average export price for ginger in Argentina?

The average ginger export price stood at $3,740 per ton in 2021, with an increase of 5.5% against the previous year.

What is the average import price for ginger in Argentina?

In 2021, the average ginger import price amounted to $1,249 per ton, surging by 24% against the previous year.

This report provides an in-depth analysis of the ginger market in Argentina. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 720 - Ginger

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023