Ginger Market Overview in Japan
In value terms, ginger production skyrocketed to $ in 2018 estimated in export prices. In general, production, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2010 with an increase of % y-o-y. Over the period under review, production hit record highs at $ in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.
In 2018, the average ginger yield in Japan stood at tonnes per ha, almost unchanged from the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of % y-o-y. As a result, the yield attained the peak level of tonnes per ha. From 2017 to 2018, the growth of the average ginger yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The ginger harvested area in Japan contracted modestly to ha in 2018, with a decrease of -% on the previous year. Over the period under review, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2009 with an increase of % against the previous year. As a result, the harvested area reached the peak level of ha. From 2010 to 2018, the growth of the ginger harvested area remained at a somewhat lower figure.
The revenue of the ginger market in Japan shrank modestly to $ in 2018, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to 2018, consumption failed to regain the momentum.