Trade4go Summary
The ginger market is expected to see a decrease in demand due to warm weather, with China being the primary supplier despite some quality issues and high transit times. Peru has experienced a significant loss in market share, falling around 80% due to quality concerns and being replaced by larger Chinese ginger. There is currently a lack of alternative sources for ginger, with Thai, Brazilian, African, and Indian supplies not meeting European quality standards. Despite these challenges, consumption in Germany and other European countries remains high and stable, also rising in the turmeric market, which is mainly sourced from Peru and China.
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Original content
(Agraria.pe) A decline in demand is expected in the ginger market in the coming weeks. "Sales remain fairly stable, as ginger is traditionally in high demand shortly after Carnival. However, if the weather continues to be warm and sunny, experience shows that demand for ginger will decrease significantly," says Ralf Settels, Managing Director of Jiahe Food Europe GmbH. He added that there have also been some supply issues. "There were several quality issues in the first quarter of this year due to the new ginger harvest from China being shipped too early. Due to delays at seaports, a total transit time of around 60 days must also be taken into account. In short, this means that the situation is not easy for any of the market players right now." The merchandise from China traded so far is young ginger. "It can be compared to early potatoes in that the product is harvested without its skin and is therefore quite sensitive. The skin doesn't form until after harvest, in storage, so ...