Value of Chinese ginger exports down 9.1%

Published 2021년 12월 8일

Tridge summary

In October 2021, China experienced a decrease in its ginger exports, with a drop of 3.8% in untreated ginger and 14.2% in processed ginger compared to September. The export value for untreated ginger fell by 9.1% to €32,791,841, a 34.2% decrease compared to October 2020, despite a 41% increase in volume. Processed ginger exports increased by 7.3% from October 2020 but saw a 7.8% decrease in export value. The US, Netherlands, Bangladesh, UAE, Malaysia, Vietnam, Saudi Arabia, UK, Canada, and Japan were the top ten importers of Chinese ginger, with the US seeing a significant increase in imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Transport costs are still quite high and shipping times remain unreliable. In addition, the domestic ginger supply is huge and the export price is quite low, but that has not led to an increase in exports. On the contrary, the export value decreased by 9.19% compared to the previous month. China exported 39,700 tons of untreated ginger in October 2021, which is 3.8% less than in September. The export value was €32,791,841, which is a decrease of 9.1% compared to September. Exports have increased by 41% compared to October 2020. However, the export value decreased by 34.2% compared to October 2020. The average price decreased by 53.3%. China exported 837 tons of processed ginger in October 2021 (see comments at the end of the article). That was 14.2% less than in September. The export value decreased by 6.3% to €19,343. Processed ginger exports increased by 7.3% compared to October 2020, but the export value decreased by 7.8%. In October 2021, the top ten importers of Chinese ...
Source: AGF

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.