"After the traditional quiet period during the summer holidays, demand for ginger from European supermarket chains and wholesalers is rising again," said Gerry Li from Vision Fresh in Poeldijk. "We are currently seeing a relatively normal supply situation. Due to the Red Sea crisis, shipping costs have surged, delivery times have been extended, and the costs and risks of Chinese ginger have increased. As a result, most importers are opting for the cheaper Brazilian ginger."
According to Gerry, ginger prices vary significantly between different origins. For example, this week, Chinese ginger is selling for 31 euros, while Brazilian ginger is priced much lower at around 23 euros. Entering late September, Chinese shipping costs have started to decline, and the supply pressure is expected to ease by the end of the year.
"Due to the large price differences, many importers have stopped sourcing from China. This has created opportunities for us. As a Chinese company, we have been active in the Netherlands for over 13 years and import more than 25,000 tons of ginger annually. Our customers can always rely on us for Chinese ginger regardless of price fluctuations. About 60% of Vision Fresh's annual ginger supply comes from China, but we also supplement it with ginger from Peru, Brazil, Thailand, and Costa Rica. Through our packaging company, Rida Trade, we are able to provide European retail and wholesale customers with ginger products in all types of packaging."
Gerry expects demand to increase further in the coming weeks. Besides ginger, European customers are also showing a growing demand for turmeric. "Every year, the volume of this product grows by 20%. In our product range, we have two main products—ginger and turmeric—both benefiting from the health trend. This makes the future look very promising. Each year, demand for our products continues to grow."
For more information:
Gerry Li
Vision Fresh
Tel: +31 174700205
Mob: +31 (0)6 40215300
[email protected]
www.visionfresh.nl