Ginger at a market stall in China[/caption]
The price of early ginger being harvested in China is estimated to decrease by around 15%, according to industry operators. This drop presents an import and procurement opportunity for the food industry, which will not need to acquire new supplies of the spice for the next 18 months.
Smoother ginger is in vogue in the West, used as a cocktail ingredient or in baking.
Encouraged by the excellent quality and price of the 2015 harvest, the main ginger-producing areas in China have increased their planting areas. In Shandong, the country’s main producer, the planting area has increased by 30%.
The expansion of the productive area, combined with excellent climatic conditions this spring, has contributed to an excellent and abundant early ginger harvest, which will conclude in a few days.
Early ginger is slightly milder than mature ginger and is more suitable for industrial use as a food condiment. Mature ginger has a golden yellow color, a stronger flavor, and a thicker skin, complicating its industrial handling. The old variety of ginger, the most valued in Oriental cuisine, is only found in retail markets in Asia.
Recommendations for importing early Chinese ginger
Acquiring a batch of early ginger from the source is an opportunity that will not cause you any headaches by trusting the comprehensive management of Bull Importer. All suppliers of organic spices and condiments comply with all European regulations and have the necessary certificates. You can request product samples before placing the order.
- Purchase volume. The price of ginger is usually cheaper than packaging and, of course, than transportation to Spain. Consider a minimum purchase of 3,000 kg. If the figure is high, find two other interested companies and make a group import.
- Price estimation. The price of organic ginger is estimated to range between €0.65 and €0.75 per kg but can be considerably reduced depending on the volume purchased. The market price in Spain is around €1.90/kg and in Italy, €2.40/kg. Before finalizing the operation, you will have a cost study to decide whether to make the purchase.
- Load space utilization. Consider the opportunity to import, in the same operation, other high-quality, low-cost spices, reducing transportation costs. Bull Importer can select the best organic product suppliers in the area where you acquire the ginger.
Bull Importer manages the entire import operation to your warehouse if it is in Spain. For the rest of the world, we offer FOB and CIF prices.
Photo: Alliumherbal
