Asia-Pacific: Ginger Market 2025

Ginger Market Size in Asia-Pacific

The Asia-Pacific ginger market contracted slightly to $X in 2022, falling by -4.5% against the previous year. The total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +7.1% against 2020 indices. The level of consumption peaked at $X in 2021, and then fell slightly in the following year.

Ginger Production in Asia-Pacific

In value terms, ginger production shrank modestly to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 48% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

The country with the largest volume of ginger production was India (X tons), comprising approx. 55% of total volume. Moreover, ginger production in India exceeded the figures recorded by the second-largest producer, China (X tons), threefold. Nepal (X tons) ranked third in terms of total production with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in India stood at +10.5%. The remaining producing countries recorded the following average annual rates of production growth: China (+2.5% per year) and Nepal (+1.3% per year).

The average ginger yield declined slightly to X tons per ha in 2022, waning by -1.6% against 2021 figures. The yield indicated a noticeable increase from 2012 to 2022: its figure increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ginger yield increased by +1.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 29% against the previous year. The level of yield peaked at X tons per ha in 2021, and then reduced modestly 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 ginger harvested area in Asia-Pacific reduced to X ha, which is down by -4.6% on the previous year's figure. The harvested area increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the harvested area increased by 10%. As a result, the harvested area reached the peak level of X ha, and then shrank in the following year.

Ginger Exports

Exports in Asia-Pacific

In 2022, overseas shipments of ginger decreased by -15.4% to X tons, falling for the second consecutive year after two years of growth. Total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 -18.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 48% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, ginger exports shrank rapidly to $X in 2022. Total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 -42.9% against 2020 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 44%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

China represented the major exporter of ginger in Asia-Pacific, with the volume of exports amounting to X tons, which was near 66% of total exports in 2022. Thailand (X tons) took the second position in the ranking, followed by India (X tons). All these countries together held near 30% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ginger exports from China stood at +3.2%. At the same time, Thailand (+13.7%) and India (+9.5%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +13.7% from 2012-2022. While the share of Thailand (+9 p.p.) and India (+4.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (-12.4 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest ginger supplier in Asia-Pacific, comprising 67% of total exports. The second position in the ranking was held by India ($X), with a 13% share of total exports.

In China, ginger exports increased at an average annual rate of +2.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+4.6% per year) and Thailand (+9.9% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, shrinking by -21.7% against the previous year. In general, the export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2014 when the export price increased by 25% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Thailand ($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 (-0.3%), while the other leaders experienced a decline in the export price figures.

Ginger Imports

Imports in Asia-Pacific

In 2022, the amount of ginger imported in Asia-Pacific fell to X tons, dropping by -9.2% on 2021. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 28%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, ginger imports reduced rapidly to $X in 2022. Total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +2.5% 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 -31.3% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of 27%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Pakistan (X tons) and Bangladesh (X tons) represented the main importers of ginger in Asia-Pacific, together recording approx. 49% of total imports. It was distantly followed by Japan (X tons), Malaysia (X tons) and India (X tons), together mixing up a 30% share of total imports. Thailand (X tons), China (X tons), Vietnam (X tons), Singapore (X tons), Indonesia (X tons) and the Philippines (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +67.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported ginger in Asia-Pacific, comprising 34% of total imports. The second position in the ranking was held by Pakistan ($X), with a 13% share of total imports. It was followed by Bangladesh, with a 12% share.

In Japan, ginger imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+7.0% per year) and Bangladesh (+2.7% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, declining by -24.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 19%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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