The global ginger market is showing remarkable resilience and strength even as export volumes decline, particularly from powerhouse producer Vietnam. Recent data highlights a critical trend: while volume shipments of turmeric, ginger, and related spices dropped by 17.5% year-on-year from January to July 2025, total export value surged by 12.8%. This divergence signals firmer prices and persistent global demand, with Vietnam reaping $42.8 million from 16,084 tons exported in the first seven months of 2025. At the heart of this dynamic is ginger, whose sustainability profile is winning favor among farmers and buyers alike.
Its role as a drought-tolerant, low-input crop that supports soil health and circular farming practices is boosting its strategic value within Vietnam’s agricultural policy and global supply chains. Meanwhile, tighter quality, traceability, and sustainability requirements are shaping longer-term competitiveness. As quality standards tighten in key markets, Vietnam’s position as a leading supplier hinges on investments in organic certification, advanced processing, and farmer–enterprise integration. Overall, the ginger market is set for continued price support and structural upgrading, signaling both opportunity and challenge for traders, producers, and processors amid evolving consumer and regulatory landscapes.
Exclusive Offers on CMBroker
Ginger dried
whole
FOB 3.40 €/kg
(from IN)
Ginger dried
slices
FOB 3.06 €/kg
(from IN)
Ginger dried
Powder
FOB 3.88 €/kg
(from IN)
📈 Prices
| Product | Type | Origin | Location | Delivery Terms | Price (EUR/kg) | 1W Change | Market Sentiment |
|---|---|---|---|---|---|---|---|
| Ginger dried | Whole | IN | New Delhi | FOB | 3.40 | 0.00 | Firm |
| Ginger dried | Slices | IN | New Delhi | FOB | 3.06 | 0.00 | Stable |
| Ginger dried | Powder | IN | New Delhi | FOB | 3.88 | 0.00 | Firm |
| Ginger dried | NUGC 99% | IN | New Delhi | FOB | 3.65 | 0.00 | Stable |
🌍 Supply & Demand Drivers
- Vietnam Export Trends: 2025 YTD exports (turmeric, ginger & spices): 16,084 tons (–17.5% YoY), value $42.8M (+12.8% YoY).
- Price-Volume Divergence: Value rises on firmer prices, underscoring resilient demand despite tighter supply.
- Sustainable Production: Ginger prioritized for drought-resistance, soil improvement, and input-efficiency, aligning with sustainable and organic agriculture trends.
- Circular Economy: Byproducts increasingly valorized (fibers, pulp for feed, fertilizer, pharma), boosting value-added potential.
- Export Markets: Vietnam is world #3 in spice exports/processing—most ginger exported in raw/semi-processed form.
- Challenges: Tougher traceability, organic/HACCP/GMP standards in destination markets; demand for value-added processing.
📊 Fundamentals & International Comparison
- Major Producers: India (largest), Vietnam (key exporter, leading in Southeast Asia), China (dominant in volume and processing).
- Vietnamese Edge: Sustainable farming and competitive pricing; ginger exports benefit from lower production costs and solid demand for eco-friendly spices.
- Global Stock Levels: Lower inventories in key regions due to adverse weather and supply chain disruptions contribute to firmer global prices.
| Country | 2024 Exports (Tons) | 2024 Value (USD) |
|---|---|---|
| Vietnam | 29,544 | 59.5M |
| India | ~60,000* | N/A |
| China | ~50,000* | N/A |
*Estimates; actual data may vary by source.
🌦️ Weather Outlook
- Vietnam: Weather in Central Highlands and coastal provinces remains overall favorable for ginger planting and harvesting, with normal to below-normal rainfall expected; little drought stress forecast in short term.
- India: Market outlook underpinned by steady monsoon patterns, though pockets of dryness persist; risk for late-season rains could impact rhizome size and quality.
- China: Mixed weather models, with localized flooding but no major country-level disruption to ginger harvest expected in coming three days.
📆 Outlook & Strategy
- Global ginger market remains well bid, supported by robust demand and tightening supply.
- Sustainable and organic ginger segments expected to outperform, as buyers prioritize certified origins and eco-friendly crops.
- Vietnam faces pressure to meet higher quality and traceability standards—monitor regulatory updates and track investments in value-added processing.
- Key trading opportunities remain in spot and forward contracts for high-quality and organic ginger, particularly ex-Vietnam and India.
🔎 Trading Recommendations
- Sellers: Maintain firm offers for ginger (especially organic, premium grades); consider locking in forward contracts at current robust price levels.
- Buyers: Secure supplies early for Q4 and Q1 2026; pay premiums for certified and origin-traceable lots.
- Investors/Processors: Eye opportunities in downstream value-added products and byproduct valorization linked to sustainable farming and circular economy.
📅 3-Day Price Forecast (Spot, FOB, INR / EUR)
| Product | Current Price (EUR/kg) | 3-Day Forecast |
|---|---|---|
| Ginger dried, whole (IN) | 3.40 | 3.40 – 3.45 |
| Ginger dried, slices (IN) | 3.06 | 3.04 – 3.10 |
| Ginger dried, powder (IN) | 3.88 | 3.86 – 3.92 |
