China: Ginger Market 2024

Ginger Market Size in China

In 2022, the Chinese ginger market increased by 34% to $X, rising for the third year in a row after three years of decline. Overall, consumption saw buoyant growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Ginger Production in China

In value terms, ginger production rose markedly to $X in 2022 estimated in export price. In general, production, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 129% against the previous year. Ginger production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

The average yield of ginger in China reached X tons per ha in 2022, approximately mirroring the year before. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 3.7% against the previous year. The ginger yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. 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 China fell slightly to X ha, waning by -1.6% on 2021 figures. The harvested area increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 11% against the previous year. Over the period under review, the harvested area dedicated to ginger production attained the peak figure at X ha in 2021, and then dropped slightly in the following year.

Ginger Exports

Exports from China

In 2022, overseas shipments of ginger decreased by -12.6% to X tons, falling for the third year in a row after three years of growth. In general, total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +3.2% 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 -25.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 37%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, ginger exports reduced notably to $X in 2022. Overall, exports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2013 with an increase of 53%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

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 38% 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 +14.6%), 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, with a combined 42% share of total exports. The United Arab Emirates, Malaysia, the UK, Bangladesh, Saudi Arabia, Pakistan, Canada and Vietnam lagged somewhat behind, together accounting for a further 41%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +23.3%, recorded the highest rates of growth with regard to 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 -30.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 31%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a 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 (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ginger Imports

Imports into China

For the fourth year in a row, China recorded growth in purchases abroad of ginger, which increased by 59% to X tons in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 408% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, ginger imports totaled $X in 2022. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2017 with an increase of 309%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Myanmar (X tons) constituted the largest ginger supplier to China, accounting for a 60% 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 a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Myanmar amounted to +154.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Nigeria (+200.2% per year) and Vietnam (+192.8% per year).

In value terms, the largest ginger suppliers to China were Myanmar ($X), Nigeria ($X) and Vietnam ($X), with a combined 97% share of total imports.

Nigeria, with a CAGR of +207.0%, saw the highest growth rate of the value of imports, among 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, dropping by -30.9% against the previous year. In general, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 92%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: 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 (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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