Nigeria – Ginger – Market Analysis, Forecast, Size, Trends and Insights

NIGERIA: GINGER MARKET 2023

Ginger Market Size in Nigeria

The Nigerien ginger market declined to $X in 2021, falling by -9.8% against the previous year. Overall, consumption showed a relatively flat trend pattern. Ginger consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Ginger Production in Nigeria

In value terms, ginger production shrank rapidly to $X in 2021 estimated in export price. In general, production showed a deep slump. The pace of growth was the most pronounced in 2015 with an increase of 201%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of ginger in Nigeria reduced to X tons per ha, with a decrease of -2.8% against the previous year. In general, the yield, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 71% against the previous year. Over the period under review, the average ginger yield reached the maximum level at X tons per ha in 2016; however, from 2017 to 2021, the 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.

In 2021, the total area harvested in terms of ginger production in Nigeria reduced slightly to X ha, which is down by -3.2% on the previous year’s figure. Overall, the harvested area showed a slight curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 44% against the previous year. Over the period under review, the harvested area dedicated to ginger production attained the maximum at X ha in 2013; however, from 2014 to 2021, the harvested area failed to regain momentum.

Ginger Exports

Exports from Nigeria

In 2021, shipments abroad of ginger increased by 110% to X tons, rising for the fifth year in a row after three years of decline. In general, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2018 when exports increased by 7,409%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, ginger exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 4,297% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for ginger exports from Nigeria, with a 35% share of total exports. Moreover, ginger exports to the United Arab Emirates exceeded the volume sent to the second major destination, Sudan (X tons), twofold. The third position in this ranking was taken by India (X tons), with a 13% share. From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates stood at +104.8%.

Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+87.5% per year) and India (-25.6% per year). In value terms, the United Arab Emirates ($X) remains the key foreign market for ginger exports from Nigeria, comprising 44% of total exports. The second position in the ranking was held by Sudan ($X), with a 13% share of total exports. It was followed by India, with a 12% share. From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates stood at +98.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+57.5% per year) and India (-33.3% per year). Export Prices by Country In 2021, the average ginger export price amounted to $X per ton, with a decrease of -33.6% against the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 52%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum. There were significant differences in the average prices for the major overseas markets.

In 2021, the country with the highest price was South Africa ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest. From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-1.7%), while the prices for the other major destinations experienced a decline. Ginger Imports Imports into Nigeria In 2021, purchases abroad of ginger decreased by -67.2% to X tons, falling for the second year in a row after three years of growth. In general, imports faced a dramatic setback. The pace of growth appeared the most rapid in 2018 with an increase of 1,121%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure. In value terms, ginger imports dropped markedly to $X in 2021. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of 840% against the previous year. As a result, imports attained the peak of $X.

From 2020 to 2021, the growth of imports failed to regain momentum. Imports by Country In 2021, the United Arab Emirates (X tons) constituted the largest supplier of ginger to Nigeria, with a 74% share of total imports. Moreover, ginger imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with a 5.3% share. From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.0% per year) and Turkey (+55.7% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of ginger to Nigeria, comprising 82% of total imports. The second position in the ranking was held by China ($X), with a 6.2% share of total imports. It was followed by India, with a 3.5% share. From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates stood at +57.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-13.5% per year) and India (-26.7% per year).

Import Prices by Country

In 2021, the average ginger import price amounted to $X per ton, declining by -7.9% against the previous year. Overall, the import price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 163% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum. Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while the price for the UK ($X per ton) was amongst the lowest. From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+39.6%), while the prices for the other major suppliers experienced more modest paces of growth.