Ginger market in Asia

Earlier Report Observations

The ginger market in Asia expanded significantly from 2018 to 2022, with volume rising from 3 000 thousand tonnes to nearly 4 000 thousand tonnes. This growth was primarily driven by increased demand during the COVID-19 pandemic, as consumers sought ginger for its perceived health benefits, which lifted global prices and encouraged production across the region.

After peaking in 2022, market volume contracted by 8% in 2023, settling at 3 638 thousand tonnes. This decline coincided with a drop in domestic production and reduced imports. During this period, the market saw a rising trend towards organic and natural ginger products, with over 28% of new product launches in 2023-2024 containing ginger. Additionally, the introduction of new production lines, such as SA Rawther Spices' organic ginger powder line, aimed to capture growing export demand.

Throughout the full period, Asia maintained its position as the dominant ginger producer, accounting for around 80% of global output. Production increases in countries like India and others offset temporary setbacks in China, where output fell due to reduced cultivation area and yield losses in 2021. The overall market dynamics reflect both responsive production to global price signals and evolving consumer preferences for health-oriented foods.

Production ginger in Asia

In kind, 2017-2020, K t

Top producers of ginger, 2017-2020

World map of production of ginger, 2017-2020

Asia's ginger production has grown for the third year in a row. In 2020, the continent produced 3 356 thousand tons of ginger, marking a 3.4% increase from the previous year. Looking at the period from 2017 to 2020, production rose by 34.7%, which translates to an average annual growth rate of 10.4%.

Annual dynamics of production in Asia in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Ginger production in Asia has increased for the third consecutive year. In 2020, the output was valued at 14 141 million US dollars, showing a significant year-over-year rise of 30.9%. Between 2017 and 2020, production grew by 82.2%, equivalent to an annualized rate of 22.1%.

Annual dynamics of production in Asia in value, 2017-2020, M $ US

Exports ginger from Asia

Exports in kind, K t

Ginger exports from Asia declined for the second year in a row. In 2020, Asia exported 382.8 thousand tons of ginger, a slight drop of 1.3% compared to the previous year. Over the 2017-2020 period, exports increased by 15%, with an annualized growth rate of 4.8%. The highest export volume was recorded in 2018 at 407.9 thousand tons, while the largest decline occurred in 2019 with a 4.9% decrease. The most significant increase was in 2018, with a 22.5% rise.

Annual dynamics of product's exports from Asia in kind, 2017-2020, K t

From 2017 to 2020, ginger from Asia was exported to a wide range of markets. Even the top destinations—the United States, the Netherlands, and the United Kingdom—together accounted for only 22.3% of total exports in volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Asia in kind, 2017-2020

Exports in value, M $ US

Ginger exports from Asia have increased for the third consecutive year. In 2020, exports reached 865.5 million US dollars, representing a sharp 35.8% rise compared to 2019. Over the 2017-2020 period, exports grew by 49.5%, with a compound annual growth rate of 14.3%.

Annual dynamics of product's exports from Asia in value, 2017-2020, M $ US

Between 2017 and 2020, ginger exports from Asia in value terms were not highly concentrated. The Netherlands (12.0% of export value), the United States (10.3%), and the United Kingdom (4.0%) together made up only 26.3% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Asia in value, 2017-2020

Imports ginger to Asia

Imports in kind, K t

After two years of decline, ginger imports into Asia increased. In 2020, imports stood at 211.2 thousand tons, showing a strong year-over-year advance of 11.1%. Over the 2017-2020 period, imports rose by 3.1%, with a compound annual growth rate of 1.0%. The lowest import volume was recorded in 2019 at 190.1 thousand tons, which also saw the largest decline of 3.8%.

Annual dynamics of product's imports to Asia in kind, 2017-2020, K t

From 2017 to 2020, Nigeria was the leading supplier of ginger to Asia, accounting for 2.0% of total imports in volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Asia in kind, 2017-2020

Imports in value, M $ US

Ginger imports into Asia have increased for the third consecutive year. In 2020, imports were valued at 602.3 million US dollars, showing an uptick of 29.4% year-over-year. Over the 2017-2020 period, imports grew by 48.8%, with a compound annual growth rate of 14.2%.

Annual dynamics of product's imports to Asia in value, 2017-2020, M $ US

In the 2017-2020 period, Nigeria (with 2.8% of total flows) and Asia, not elsewhere specified (1.5%) were the two main sources for imports in value terms, jointly accounting for 4.3% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Asia in value, 2017-2020