Earlier Report Observations
The South Korean ginger market volume grew consistently from 27 797 t in 2018 to 42 305 t in 2021, supported by a strong increase in domestic production from 21 305 t to 35 842 t over the same period. Imports varied during these years but remained a substantial part of supply.
Market volume contracted sharply to 26 536 t in 2022 as production fell to 22 137 t and imports decreased to 4 403 t. A partial recovery followed in 2023, with the market reaching 27 697 t amid a modest rebound in both domestic output and import volumes.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in South Korea
- 5.1.1. Annual dynamics of production in South Korea in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in South Korea in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in South Korea
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from South Korea in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from South Korea by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from South Korea in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from South Korea by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from South Korea, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from South Korea by countries, 2018-2024, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from South Korea in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from South Korea by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from South Korea in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from South Korea by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from South Korea, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from South Korea by countries, 2018-2024, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to South Korea in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to South Korea by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to South Korea in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to South Korea by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to South Korea, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to South Korea by countries, 2018-2024, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to South Korea in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to South Korea by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to South Korea in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to South Korea by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to South Korea, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to South Korea by countries, 2018-2024, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production ginger in South Korea
In kind, 2017-2020, t
From 2017 to 2020, South Korea ranked 16th globally in ginger production volume.
Top producers of ginger, 2017-2020
World map of production of ginger, 2017-2020
South Korea's ginger production volume increased for the third consecutive year. In 2020, the country produced 31 538 tons of ginger, marking a sharp 26.3% increase from the previous year. Between 2017 and 2020, production grew by 283.3%, which translates to an annualized growth rate of 56.5%.
Annual dynamics of production in South Korea in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 158.9% | 17.2% | 26.3% | 56.5% |
Exports ginger from South Korea
Exports in kind, t
The market showed noticeable fluctuations during this period. Exports bottomed in 2017 and peaked in 2019, with a 43-fold difference between these years. In 2020, South Korea exported 2 tons of ginger, representing a dramatic 94.0% drop compared to the previous year. The highest export volume was recorded in 2019 at 34 tons, while the largest increase occurred in 2018 with a growth of 2 164.6%.
Annual dynamics of product's exports from South Korea in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2 164.6% | 90.4% | (94.0%) | 37.6% |
Between 2017 and 2020, China remained the leading buyer of ginger from South Korea, accounting for 82.3% of total exports in volume. The remaining exports were distributed across many other countries.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from South Korea in kind, 2017-2020
Exports in value, K $ US
The market exhibited volatility over the observed period. The minimum value was recorded in 2017, while the maximum was reached in 2018, with a 3.3-fold variation between these years. In 2020, ginger exports from South Korea totaled 40 thousand US dollars, showing a solid 16.8% decline year-over-year. The peak export value was 50 thousand US dollars in 2018, which also saw the largest increase at 232.9%.
Annual dynamics of product's exports from South Korea in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 232.9% | (4.0%) | (16.8%) | 38.5% |
From 2017 to 2020, China, the United States, and Kiribati led the export structure in value terms, with shares of 29.0%, 22.0%, and 18.6% respectively. Together, these three countries accounted for 69.5% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from South Korea in value, 2017-2020
Imports ginger to South Korea
Imports in kind, t
The market demonstrated volatility during this period. Imports reached their lowest point in 2017 and peaked in 2019, with a 3.1-fold difference. In 2020, South Korea imported a total of 9 216 tons of ginger, which is 28.4% less than the previous year. The maximum import volume was recorded in 2019 at 12 872 tons, and the largest increase occurred in the same year at 97.8%.
Annual dynamics of product's imports to South Korea in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 58.5% | 97.8% | (28.4%) | 30.9% |
Between 2017 and 2020, China dominated ginger imports to South Korea in volume, accounting for 99.6% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to South Korea in kind, 2017-2020
Imports in value, K $ US
Cross-border shipments of ginger to South Korea increased for the third consecutive year. In 2020, imports totaled 10 883 thousand US dollars, reflecting a 0.9% rise compared to the previous year. Over the 2017-2020 period, imports grew by 304.3%, with a compound annual growth rate of 59.3%.
Annual dynamics of product's imports to South Korea in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 104.7% | 95.7% | 0.9% | 59.3% |
Throughout 2017-2020, imports in value terms were heavily concentrated on China, which represented 97.2% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to South Korea in value, 2017-2020
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