The Exporters Association Global Business and Economics Research Center (CIEN-ADEX) reported that, between January and November 2021, exports of Peruvian ginger (kion) abroad totaled around US$81,200,000, representing a drop of 13.4% compared to the same period in 2020.
Last year’s decline was due to lower prices due to higher volumes of ginger from China, which resumed shipments after a drop in 2020. Added to this was the increase in supply from India and Thailand.
Peruvian ginger reached 42 nations whose ranking was led by U.S (US$ 39,118,000) which achieved a positive variation of 4% and represented 48%. In second place was the Netherlands with US$20,528,000 (-41%), followed by Canada with US$3,886,000 (-6%). Completing the top 15 were Spain, Germany, Russia, the United Kingdom, Mexico, Italy, South Korea, Chile, the Dominican Republic, Ukraine, the United Arab Emirates and Brazil.
Peru, exporting country
According to the CIEN-ADEX report, China was the world’s leading exporter of ginger in 2020 with US$ 718,500,000, concentrating 52.9% of the total. The Netherlands (US$155,600,000) ranked second and Peru (US$105,600,000) third.
Fresh ginger was its most important presentation (91.9% share), followed by dehydrated (3.8%), juice (3.6%) and powdered (0.7%). Likewise, exports of puree, candied ginger and infusions, which jointly represented 0.03%.
Of the total amount of Peruvian ginger shipped to international markets, a higher percentage was organic and this trend is expected to continue due to the growing consumption of consumers in North America and Europe. In 2020, organic exports grew 206.4% and conventional 102.5%.
Source: Larepublica
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