Chinese ginger price decreased by -46.85% YoY to USD 0.9/kg in W4 Apr-22. To gain more profit from the attractive price in 2020, growers increased ginger planting area, increased yields, and held back to sell ginger. The effect was the opposite of the projected high revenue in 2022 because the international demand for ginger has declined while Chinese ginger production has increased. That reason led the Chinese ginger price to drop in April 2022.
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