BEIJING: “In normal circumstances, the peak period for ginger exports to Europe starts in December. From April onward, the European market shifts from large-scale imports to the consumption of stored ginger. So at present, the export peak period for ginger is coming to an end. The price for a ton of ginger has already dropped from 1100 USD in January to 960 USD at present. That is a decrease of 13%,” says Jason from Anqiu Tailai Foods.
“Compared to the same period last year, there’s no big change in terms of export prices. The export volume has slightly increased. The data say that in the next few months we will continue this stable but downward pricing trend. Chinese ginger still has a strong competitive position on the European market. Every year, Thailand and Brazil also export ginger to Europe, but their quality and standards are lower. The only one to actually threaten Chinese ginger is the organic ginger from Peru. But the price of Chinese organic ginger is only half of that of Peruvian organic ginger on the European market. So the advantage from the price difference clearly guarantees the sales portion of Chinese ginger on the international market.”
