Despite the problems, Peruvian ginger managed to grow in 2023

Whole Ginger

Vegetables

Peru

Sustainability & Environmental Impact

Market & Price Trends

Published Feb 25, 2024

Tridge summary

In 2023, the global ginger market faced challenges due to low-quality produce from major producers like China and Peru. China's poor harvest in October 2022 affected the European and US markets, while Peruvian ginger was discarded due to bacterial contamination. However, both countries rebounded, with China offering lower prices and Peru increasing its exports by 30% in volume and 79% in value, exporting 75,679 tons for US$ 127 million. The Netherlands, US, and Canada emerged as the top importers of Peruvian ginger, with Peru's exports to the Netherlands increasing by 63% in volume and 171% in value, and the average price per kilogram rising by 66%.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Ginger faced various challenges globally since the beginning of 2023, one of the main ones being the low quality offered by the main producers. China, the main supplier of ginger in the world, was the most affected, since its October 2022 harvest, which is the one with which it met orders for much of 2023, did not have good results in terms of the quality offered. And this was noticed in some European countries and the United States, which were not very satisfied with their product. Something similar happened to Peruvian ginger, which although it is among the global leaders, is far below the Chinese in terms of market share. On some occasions, the Peruvian product was discarded because it was contaminated with some bacteria that prevented its marketing. This happened in Germany, where several shipments from Peru had to be destroyed, which even led to thinking about closing the market to this origin. To solve this problem, China decided to focus on improving the quality of its next ...

Source: Freshfruit.pe