Global trade of Chinese ginger grows, European market prices are expected to continue to rise

Published 2021년 1월 13일

Tridge summary

In 2020, the global demand for ginger, particularly due to the pandemic-induced trend of home cooking, led to a significant increase in its consumption. China, being the world's largest exporter, saw a 50,000-ton increase in its ginger exports, totaling about 575,000 tons. The majority of these exports were directed towards Southeast Asian countries and Europe, with the Netherlands serving as a key transit point for the EU market. However, China's ginger faced competition in the US market from Peru and Brazil, both of which experienced increases in their ginger exports. Additionally, ginger from Anqiu, Shandong, China, was exported to New Zealand for the first time in February 2020, expanding its reach into Oceania.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Affected by the new crown epidemic in 2020, more and more consumers around the world choose to cook at home, and their demand for ginger as a seasoning has soared. China is by far the country with the largest export volume of ginger, accounting for approximately the total global ginger trade volume. Three-quarters of the total. In 2020, the total export of ginger is expected to be about 575,000 tons, an increase of 50,000 tons over last year. At the end of October each year, China's ginger harvesting starts for 6 weeks until the harvest is completed in mid-December. It can be exported to overseas markets. In 2020, heavy rains in the harvest season will affect the production and quality of ginger to a certain extent. Chinese ginger is mainly exported to Southeast Asian countries such as Bangladesh and Pakistan. Data shows that ginger exports account for the total export volume. Half. Next is the European market, mainly dried ginger, and the Netherlands is its main export market. In ...

Source: Guojiguoshu