Puerto Rico: Ginger Market 2025

Ginger Market Size in Puerto Rico

In 2021, the Puerto Rican ginger market decreased by -7.6% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +32.4% against 2017 indices. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Ginger Production in Puerto Rico

In value terms, ginger production fell to $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +40.4% against 2017 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 50%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

The average yield of ginger in Puerto Rico shrank modestly to X tons per ha in 2021, approximately mirroring the previous year. The yield figure increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 when the yield increased by 22% against the previous year. The global yield peaked at X tons per ha in 2016; however, from 2017 to 2021, 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 2021, the harvested area of ginger in Puerto Rico totaled X ha, almost unchanged from the previous year. Over the period under review, the harvested area continues to indicate a mild shrinkage. The growth pace was the most rapid in 2018 when the harvested area increased by 17%. The global harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Ginger Exports

Exports by Country

China was the largest exporting country with an export of about X tons, which recorded 48% of total exports. India (X tons) held the second position in the ranking, distantly followed by the Netherlands (X tons), Thailand (X tons) and Peru (X tons). All these countries together took approx. 38% share of total exports. Brazil (X tons) and Nigeria (X tons) held a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to ginger exports from China stood at +5.2%. At the same time, Peru (+41.3%), Brazil (+28.2%), India (+20.5%), the Netherlands (+13.0%) and Thailand (+9.7%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in the world, with a CAGR of +41.3% from 2012-2021. By contrast, Nigeria (-9.1%) illustrated a downward trend over the same period. India (+11 p.p.), Peru (+5.6 p.p.), Brazil (+3.5 p.p.) and the Netherlands (+2.4 p.p.) significantly strengthened its position in terms of the global exports, while Nigeria and China saw its share reduced by -6.5% and -14% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ginger supplier from Puerto Rico, comprising 45% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a 14% share of global exports. It was followed by India, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +9.1%. In the other countries, the average annual rates were as follows: the Netherlands (+19.1% per year) and India (+13.1% per year).

Ginger Imports

Imports by Country

The countries with the highest levels of ginger imports in 2021 were Bangladesh (X tons), the United States (X tons), the Netherlands (X tons) and Pakistan (X tons), together reaching 44% of total import. Japan (X tons) took the next position in the ranking, followed by Malaysia (X tons) and the United Arab Emirates (X tons). All these countries together took approx. 15% share of total imports. Germany (X tons), Saudi Arabia (X tons), the UK (X tons), Vietnam (X tons), Canada (X tons) and India (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were in Bangladesh (with a CAGR of +15.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2021, with a combined 31% share of total imports.

Among the main importing countries, the Netherlands, with a CAGR of +20.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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