Brazil - Ginger - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGinger Price in Brazil - 2023
Contents:
- Ginger Price in Brazil (FOB) - 2023
- Ginger Price in Brazil (CIF) - 2022
- Ginger Exports in Brazil
- Ginger Imports in Brazil
Ginger Price in Brazil (FOB) - 2023
In August 2023, the average ginger export price amounted to $2,220 per ton, remaining constant against the previous month. In general, the export price, however, continues to indicate buoyant growth. The growth pace was the most rapid in June 2023 an increase of 27% month-to-month. Over the period under review, the average export prices attained the peak figure at $2,223 per ton in July 2023, and then dropped slightly in the following month.
Average prices varied somewhat for the major foreign markets. In August 2023, the countries with the highest prices were Italy ($2,390 per ton) and the UK ($2,380 per ton), while the average price for exports to Argentina ($1,753 per ton) and the Netherlands ($2,171 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ginger Price in Brazil (CIF) - 2022
In 2022, the average ginger import price amounted to $2,028 per ton, declining by -32.4% against the previous year. Overall, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of 78%. Over the period under review, average import prices attained the peak figure at $2,999 per ton in 2021, and then shrank notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($5,308 per ton), while the price for China ($1,367 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.6%), while the prices for the other major suppliers experienced a decline.
Ginger Exports in Brazil
In 2022, after three years of growth, there was significant decline in shipments abroad of ginger, when their volume decreased by -17.8% to 34K tons. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.8% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 45% against the previous year.
In value terms, ginger exports shrank rapidly to $33M in 2022. Over the period under review, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 when exports increased by 127%. As a result, the exports reached the peak of $50M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Ginger in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 10.1 | 16.5 | 21.0 | 18.2 | 21.7% |
| United States | 7.1 | 21.3 | 14.6 | 7.9 | 3.6% |
| Argentina | 0.6 | 2.3 | 2.7 | 2.2 | 54.2% |
| Spain | 0.6 | 1.2 | 1.9 | 1.2 | 26.0% |
| United Kingdom | 0.6 | 1.8 | 1.8 | 1.0 | 18.6% |
| Italy | 0.7 | 1.3 | 1.4 | 0.7 | 0.0% |
| Russia | 0.8 | 1.7 | 3.3 | 0.2 | -37.0% |
| Others | 1.7 | 4.2 | 3.2 | 1.5 | -4.1% |
| Total | 22.2 | 50.3 | 49.7 | 33.0 | 14.1% |
Top Export Markets for Ginger from Brazil in 2022:
- Netherlands (19.5K tons)
- United States (7.7K tons)
- Argentina (2.7K tons)
- Spain (1.2K tons)
- United Kingdom (1.0K tons)
- Italy (0.7K tons)
- Russia (0.2K tons)
Ginger Imports in Brazil
In 2022, approx. 525 tons of ginger were imported into Brazil; increasing by 39% compared with the previous year's figure. Over the period under review, imports showed a temperate expansion. The most prominent rate of growth was recorded in 2020 with an increase of 54%. As a result, imports attained the peak of 760 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, ginger imports reduced to $1.1M in 2022. In general, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 104%. As a result, imports attained the peak of $1.8M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Ginger in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 128 | 948 | 670 | 438 | 50.7% |
| China | 231 | 239 | 103 | 297 | 8.7% |
| India | 28.4 | 15.7 | 26.3 | 66.7 | 32.9% |
| Thailand | 53.1 | 42.2 | 10.8 | 53.2 | 0.1% |
| Nigeria | 252 | 176 | 32.4 | N/A | -64.1% |
| Others | 170 | 339 | 292 | 210 | 7.3% |
| Total | 862 | 1,759 | 1,136 | 1,065 | 7.3% |
Top Suppliers of Ginger to Brazil in 2022:
- Nigeria (undefined tons)
- Peru (275.1 tons)
- China (217.1 tons)
- India (15.0 tons)
- Thailand (10.0 tons)
This report provides an in-depth analysis of the ginger market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 720 - Ginger
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1035
This report provides an in-depth analysis of the ginger market in Brazil.
93
This report provides an in-depth analysis of the market for spices except pepper or ginger in Brazil.
483
This report provides an in-depth analysis of the market for dog and cat food in Brazil.
580
This report provides an in-depth analysis of the apricot market in Brazil.
1038
This report provides an in-depth analysis of the virgin olive oil market in Brazil.
531
This report provides an in-depth analysis of the paint and varnish market in Brazil.
270
This report provides an in-depth analysis of the olive oil market in Brazil.
324
This report provides an in-depth analysis of the encased lead pencil market in Brazil.
276
This report provides an in-depth analysis of the assembled clock movements market in Brazil.
478
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Brazil.
267
As of July 2023, the price of Ginger was $2,223 per ton (FOB, Brazil), representing a 21% increase compared to the previous month.
869
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
993
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
767
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7453
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8554
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1364
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7859
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11835
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1606
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
