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Dried Split Ginger Product Profile and Return on Investment (ROI)

DESCRIPTION: Ginger (Zingiber Officinale) is a commodity that is highly valued in international markets for its aroma, pungency and high oil and Aleo resin content. Nigeria is the third largest exporter of ginger in the world after China and India.

Most of the dried ginger that is available for international trade are simply sun-dried over a few days, but artificial drying is also used in areas lacking a defined dry season to coincide with the harvest. The rhizome is dried to between 10 and 12 percent moisture content.

Dried ginger is usually presented in a split or sliced form. Splitting is said to be preferred to slicing, as slicing loses more flavor, but the sliced are easier to grind and this is the predominant form of dried ginger currently in the market.

Harvest: Harvesting of ginger starts from October and normally continues until April/May. This largely depends on the market situation as ginger can be left on the ground (not harvested) for two years.

Locations: Ginger is produced in six states of the Federation namely, Kaduna, Nasarawa, Benue, Niger and Gombe with Kaduna as the major producer. Nigeria’s production in 2005 was estimated at 110,000 metric tonnes (FAO). Out of this, 10% is locally consumed as fresh ginger while 90% is dried primarily for the export markets.

 

 

Specifications of Ginger products for Export:

Moisture content:                 6-9% max

Oil content:                            1-2%

Impurities:                             0-2%max

 

 

Uses of Ginger:

The list of ginger uses is almost endless, being a pungent spicy herb and one of the more popular food spices. They range from baked products like gingerbread, ginger biscuits, ginger cookies to drinks like ginger tea, ginger beer, ginger ale, etc.

Ginger contains about two per cent essential oil. The oil is extracted and distilled from rhizomes for various uses in confectionery, perfumery, beverages and pharmaceuticals.

Dried ginger is used predominantly for flavouring coffee especially in the Middle East. It contains medicinal qualities and it is also used to calm nausea and aids digestion.

Dried ginger is used in many different cooking methods. It is an important spice in Asia, the Caribbean and African cooking.

 

Which Countries Can you Export Market: 

 

The export markets for ginger include the United Kingdom, Germany, Spain, Netherlands, France, United States of America, Russia, Saudi Arabia among others.

 

 

What is the Export Price for Ginger: 

 

The export free on board price of ginger ranges from USD 1800 -2100/MT depending on the type and form in which the ginger is packaged and also the negotiation made with the buyers.

What is the Local Price of Ginger:

 

The local price of dry split ginger ranges from N450,000.00 – N650,000 / MT and sometimes higher than the prices stated, depending on the period during its season.

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