India clashes with China in the global ginger export market

IndexBox has just published a new report: ‘World – Ginger – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings. 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. The pandemic contributed to the growth of the global ginger market of 2020 by 7.6% y-o-y to 4.5M tonnes. The increased focus on foods with a reputation for benefits to the immune system during the Covid-19 epidemic, as well as the rise in the popularity of Asian foodstuffs and condiments in Western countries, have been ...