Ireland - Ginger - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGinger Price in Ireland - 2023
Contents:
- Ginger Price in Ireland (CIF) - 2023
- Ginger Price in Ireland (FOB) - 2022
- Ginger Imports in Ireland
- Ginger Exports in Ireland
Ginger Price in Ireland (CIF) - 2023
The average ginger import price stood at $3,782 per ton in July 2023, waning by -8% against the previous month. Overall, import price indicated a temperate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, ginger import price increased by +73.3% against August 2022 indices. The most prominent rate of growth was recorded in February 2023 an increase of 22% month-to-month. Over the period under review, average import prices hit record highs at $4,112 per ton in June 2023, and then reduced in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($5,207 per ton), while the price for the Netherlands ($2,710 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Ginger Price in Ireland (FOB) - 2022
The average ginger export price stood at $3,448 per ton in 2022, waning by -36.5% against the previous year. In general, the export price recorded a pronounced setback. The growth pace was the most rapid in 2021 an increase of 37% against the previous year. Over the period under review, the average export prices hit record highs at $10,260 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($9,538 per ton), while the average price for exports to the UK ($2,331 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.
Ginger Imports in Ireland
In 2022, imports of ginger into Ireland was estimated at 891 tons, surging by 3.3% against the previous year. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, ginger imports shrank notably to $2.2M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 37%.
| Import of Ginger in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 428 | 63.4 | 942 | 759 | 21.0% |
| Germany | 532 | 1,032 | 34.4 | 724 | 10.8% |
| Netherlands | 108 | 269 | 1,575 | 481 | 64.5% |
| United Kingdom | 578 | 971 | 302 | 133 | -38.7% |
| Vietnam | 15.7 | 24.2 | 39.6 | 52.4 | 49.4% |
| Others | 70.5 | 17.2 | 197 | 69.4 | -0.5% |
| Total | 1,732 | 2,376 | 3,091 | 2,219 | 8.6% |
Top Suppliers of Ginger to Ireland in 2022:
- China (301.6 tons)
- Germany (263.2 tons)
- Netherlands (260.5 tons)
- United Kingdom (33.2 tons)
- Vietnam (14.8 tons)
Ginger Exports in Ireland
In 2022, ginger exports from Ireland surged to 25 tons, picking up by 388% against the year before. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ginger exports skyrocketed to $86K in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Ginger in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3.3 | 6.8 | 18.0 | 47.1 | 142.6% |
| Switzerland | 7.2 | 4.5 | 4.9 | 30.9 | 62.5% |
| Germany | N/A | N/A | N/A | 2.1 | 0% |
| Others | 1.6 | 1.8 | 4.9 | 5.8 | 53.6% |
| Total | 12.1 | 13.1 | 27.7 | 85.9 | 92.2% |
Top Export Markets for Ginger from Ireland in 2022:
- United Kingdom (20.2 tons)
- Switzerland (3.2 tons)
- Germany (0.7 tons)
This report provides an in-depth analysis of the ginger market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 720 - Ginger
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
711
This report provides an in-depth analysis of the ginger market in Ireland.
76
This report provides an in-depth analysis of the market for spices except pepper or ginger in Ireland.
650
This report provides an in-depth analysis of the market for dog and cat food in Ireland.
527
This report provides an in-depth analysis of the apricot market in Ireland.
770
This report provides an in-depth analysis of the virgin olive oil market in Ireland.
696
This report provides an in-depth analysis of the paint and varnish market in Ireland.
209
This report provides an in-depth analysis of the olive oil market in Ireland.
417
This report provides an in-depth analysis of the encased lead pencil market in Ireland.
356
This report provides an in-depth analysis of the assembled clock movements market in Ireland.
354
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Ireland.
866
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
992
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.
767
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7449
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8552
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1363
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7858
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11827
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1605
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3357
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
