Global Ginger Market Reached 2,4M Tonnes in 2015

Spices, Aromatic, Drug And Pharmaceutical Crops June 13, 2017
Author: Irina Andreeva
Market Analyst

ginger market

Photo: © boggy / Bigstockphoto

According to market research conducted by IndexBox, the global ginger market recorded a positive trend over the period under review, growing from 1,393 thousand tonnes in 2007 to 2,404 thousand tonnes in 2015 with a CAGR +7.1%.

In value terms, the market showed corrugated dynamics. The most notable jump was observed in 2014, the it grewth by +69% Y-o-Y and reached a peak at 3,958 million USD. However, it was followed by a setback to 2,773 million USD.

The countries with the highest demand were India (791 thousand tonnes), Indonesia (269 thousand tonnes), Nepal (222 thousand tonnes) and Nigeria (203 thousand tonnes), together comprising near 60% of global consumption.

Among the leading consuming countries, high levels of per capita consumption levels were recorded in Nepal (7.8 kg/head in 2015), Nigeria (1.1 kg/head), and Indonesia (1.0 kg/head), which was significantly higher than the world average of 0.3 kg/year.

Ginger is a widely traded commodity, with the share of export in terms of total global output at about 24% in 2007-2015. High trade intensity is determined mainly by the geographical differenciation between the main ginger producing countries and those major consuming countries.

In 2015, the volume of global exports totaled 591 thousand tonnes, with a mixed dynamic over the last few years. A gradual increase over the period from 2007 to 2011 (except 2010, when exports dropped by 6%) was followed by a sharp decline by 41% in 2012 continued in 2013-2014. In 2015 exports increased again by 14%. In value terms exports stood at 693 million USD. China (423 thousand tonnes) was the main global supplier of ginger with a share of 72% of global exports, followed by Netherlands (7%).

The volume of global imports totaled 516 thousand tonnes in 2015. Import dynamics were generally in line with exports: these trade flows globally complement each other. Following the high trade intensity, the share of imports in terms of global demand accounted for about 20%. In 2015, Pakistan (89 thousand tonnes), the U.S. (73 thousand tonnes), Japan (61 thousand tonnes), and the Netherlands (47 thousand tonnes) were the leading destinations of ginger imports, together making up 52% of global imports in physical terms.

Do you want to know more about the global ginger market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • ginger market share
  • ginger prices
  • ginger industry
  • ginger sales
  • ginger market forecast
  • ginger price forecast
  • key ginger producers

Source: World: Ginger - Market Report. Analysis And Forecast To 2025