"The overall production volume of Chinese ginger slightly declined this year because of extreme weather conditions. The current price is high and shows no signs of coming down. The price is higher than around this time last year, but the product quality is also significantly better than last production season. Looking at our own situation, we can say that our production volume declined by 25%-30%." This is according to Mr. Zhang of Anqiu Xinlong Food Co., Ltd.
"The peak period of ginger export begins every year in November and continues until May in the subsequent year. The new export season has just begun. The current volume of orders is not yet that big, but as the ginger production seasons in Brazil and Peru are coming to an end, we expect the export volume to rapidly increase in the near future. Farmers are hesitant to sell their stock because the overall production volume declined and they hope the export price will rise even further."
"As for the ginger markets in Asia and the Middle East, Thailand, Vietnam, and India are flooded with ginger. The supply volume is huge and the price relatively low, which could threaten the market position of Chinese ginger, except that the product quality of Chinese ginger is much higher. We therefore focus on the European market."
"The ginger harvest began on October 9th this year, which is more or less around the same time as last year. Supply is more stable this production season. Air-dried ginger will enter the market after December. We are currently processing fresh ginger. We hope to be able to export even more ginger once the market demand from Europe expands. In addition to the European market, we also export to the Middle East and Southeast Asia."
For more information:
Anqiu Xinlong Food Co., Ltd.
Tel.: +86 139 6364 0217
WhatsApp: +86 139 6364 0217
WeChat ID: +86 139 6364 0217