Current conditions in the Chinese ginger market are completely different compared to the same period last year. The ginger export season was interrupted by the outbreak of the corona virus. The epidemic severely slowed down Chinese ginger export.
Although European market demand for Chinese ginger is especially high at the moment, the ginger export market will take some time to recover.
Mr. J.S. of Jining Shangzhuo Food Co., Ltd. recently shared his view on the current conditions in the Chinese ginger market: "We are shipping our first container of fresh ginger to the UK today. We have also seen other companies ship their first containers a few days ago. This shows that the ginger export market is gradually recovering, but the speed is still quite low. The main problems we are facing right now are a shortage of workers and complicated distribution problems."
How long the market will take to recover depends on whether Chinese companies can restore regular delivery and whether overseas market demand remains strong. According to Mr. J.S.: "We are currently delivering fresh ginger, but the market has not yet fully recovered. We currently have a capacity to ship around 2-3 containers per week. Around this time last year we shipped 5 containers per week on average. However, we have full confidence that we will reach last year's levels again."
Mr. J.S. further explained that the price of ginger is quite stable right now. "I think the price remains stable because China has a large reserve of ginger, which means that supply is not easily exhausted. We have more than enough ginger in storage to continue supplying the overseas market. In addition, the product quality of our ginger is quite stable. We are currently waiting for new orders to come in so that we can send even more containers full of Chinese ginger abroad." Apart from ginger, Mr. J.S. also sells garlic, onions, pomelo, and carrots.
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Jining Shangzhuo Food Co., Ltd.