In 2019, the main whole ginger exporting countries were: China 523,500 tonnes (476,800 tonnes in 2018), Thailand 77,800 tonnes (73,500 tonnes in 2018), Netherlands 60,000 tonnes (57,400 tonnes in 2018), Peru 23,100 tonnes (21,200 tonnes the previous year), India 22. 900 tonnes (16,700 tonnes in the previous year), Brazil 22,100 tonnes (15,300 tonnes in 2018), Nepal 9,400 tonnes (6,800 tonnes in 2018), Vietnam 5,100 tonnes (1,900 tonnes in 2018), Indonesia 4,300 tonnes (3,000 tonnes in the previous year), Spain 3,500 tonnes (2,700 tonnes in the previous year), others.
It was highlighted that the price of ginger from the other origins differs from the prices of ginger of Peruvian and Low Countries origin, which show a higher level by 80% on average above the world average price, which has a very interesting explanation. According to the Trade Office of Peru in Los Angeles (USA), in the case of the Peruvian product, not only does it have superior organoleptic characteristics, but it is also a mostly organic product.
World imports
Imports of this product in terms of volume are more stable, with an upward trend and an average annual growth rate of 10%. In terms of import volume, in 2019 it reached 807,000 tonnes for US$ 968,634,000. It should be noted that, in 2019, the world import volume has managed to exceed exports, a gap that has had to be covered by available stocks.
With regard to the main importing countries, given that ginger is a product that is used on all five continents, there is a high diversification of markets. Statistically, around 170 markets are registered as demanding this product.
Two types of markets can be observed. On the one hand, the high-volume imported markets are lower quality but higher quantity ginger consumption markets, where prices are lower and many of these countries are also producers. On the other hand, the more quality-demanding type of market which, in most cases, is import-dependent; it is in this market that the best prices are paid.
The first type of market shows large importing countries such as Bangladesh and Pakistan, while the second type of market shows countries with lower import volumes, basically from the northern hemisphere, such as the United States, the Netherlands and Japan, in addition to markets such as Germany, Hong Kong, Switzerland, Russia, among others.
Among the main importers of whole ginger, in values, stand out the United States with US$ 112,251,000 (US$ 112,572,000 in 2018), the Netherlands US$ 110,185,000 (US$ 99,907,000 in 2018), Japan US$ 89,470,000 (US$ 86,753,000 the previous year), Pakistan US$ 83,566,000 (US$ 82,782,000 the previous year), Bangladesh US$ 70. 252,000 (US$ 40,063,000 in 2018), Germany US$ 47,102,000 (US$ 46,051,000 in 2018), United Arab Emirates US$ 34,854,000 (US$ 26,382,000 in 2018), United Kingdom US$ 34,278,000 (US$ 33,399,000 previous year), Vietnam US$ 30,948,000 (US$ 4,307,000 previous year), Malaysia US$ 29,160,000 (US$ 20,856,000 previous year), others.
Source: Agraria.pe
—