France: Ginger Market 2024

Ginger Market Size in France

In 2022, the French ginger market decreased by -11% to $X, falling for the second consecutive year after four years of growth. Overall, consumption showed buoyant growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Ginger Exports

Exports from France

After two years of growth, overseas shipments of ginger decreased by -26.8% to X tons in 2022. Overall, total exports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by 52% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, ginger exports shrank rapidly to $X in 2022. In general, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 32% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined notably in the following year.

Exports by Country

The UK (X tons), Poland (X tons) and Sweden (X tons) were the main destinations of ginger exports from France, with a combined 50% 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 Sweden (with a CAGR of +81.4%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the UK ($X) and Sweden ($X) were the largest markets for ginger exported from France worldwide, together accounting for 49% of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of +84.7%, recorded 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

The average ginger export price stood at $X per ton in 2022, reducing by -11.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2019 when the average export price increased by 41%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($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 Netherlands (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.

Ginger Imports

Imports into France

Ginger imports into France amounted to X tons in 2022, picking up by 2.3% on the previous year's figure. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 26% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, ginger imports fell significantly to $X in 2022. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 62%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest ginger supplier to France, with a 59% share of total imports. Moreover, ginger imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Spain (X tons) ranked third in terms of total imports with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at +41.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.8% per year) and Spain (+16.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of ginger to France, comprising 47% of total imports. The second position in the ranking was taken by China ($X), with a 14% share of total imports. It was followed by Spain, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled +37.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.3% per year) and Spain (+20.2% per year).

Import Prices by Country

The average ginger import price stood at $X per ton in 2022, falling by -21.3% against the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ginger import price decreased by -23.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 41% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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