In 2020, influenced by COVID-19, more and more consumers chose to cook at home, and the demand for ginger seasonings soared. China is by far the country with the largest export volume of ginger, accounting for about three-quarters of the total global ginger trading volume. In 2020, the total export volume of ginger is expected to be about 575000 tons, an increase of 50000 tons over last year. At the end of October every year, Chinese ginger begins to be harvested, lasting for 6 weeks to be harvested in mid December, and can be exported to overseas markets from mid November. In 2020, there will be heavy rain in the harvest season, which will affect the yield and quality of ginger to a certain extent.
Chinese ginger is mainly exported to Southeast Asian countries such as Bangladesh and Pakistan. According to the data, ginger exports account for half of the total exports. Followed by the European market, mainly air dried ginger, and the Netherlands is its main export market. In the first half of 2020, the export volume increased by 10% over the same period in 2019. By the end of 2020, the total export volume of ginger is expected to exceed 60000 tons. At the same time, the Netherlands is also a transit station for ginger trade in EU countries. According to the official EU import data in 2019, a total of 74000 tons of ginger were imported, of which 53000 tons were imported by the Netherlands. This means that Chinese ginger in the European market is probably imported from the Netherlands and distributed to various countries.
In 2019, the total amount of ginger exported to the UK in the Chinese market decreased. However, there will be a strong recovery in 2020, and the export volume of ginger will exceed 20000 tons for the first time. During the Christmas season, the demand for ginger in the European market surged. However, due to the low output of ginger in China this season, the demand in the European market is in short supply, resulting in the rise of ginger prices. A British fruit and vegetable retailer said that the arrival price of ginger had doubled. They expect that the price of ginger will continue to rise in 2021 due to the epidemic. It is reported that China’s Ginger imports account for about 84% of Britain’s total ginger imports.
In 2020, Chinese ginger encountered strong competition from Peru and Brazil in the U.S. market, and the export volume decreased. It is reported that Peru’s export volume can reach 45000 tons in 2020 and less than 25000 tons in 2019. Brazil’s Ginger export volume will increase from 22000 tons in 2019 to 30000 tons in 2020. The export ginger of the two countries also competes fiercely with Chinese ginger in the European market.
It is worth mentioning that ginger produced in Anqiu, Shandong, China was exported to New Zealand for the first time in February 2020, which opened the door to Oceania and filled the gap of Chinese ginger in the Oceanian market.
Post time: Oct-26-2021