GINGER: Nigeria is the third largest exporter of
ginger in the world after China and India.
Most of the ginger that are available for
international trade are simply sun-dried over a
few days, but artificial drying is also
used in the area lacking a defined dry season to
coincide with the harvest.
Ginger is produced in six states of the
federation namely, Kaduna, Nassarawa, Benue,
Niger and Gombe with Kaduna as the major producer.
The export markets for ginger includes the
United Kingdom, Germany, Spain, Netherland,
France, United State of America,
Russia, Saudi Arabia among others.
The export free on board price of ginger
ranges from $1,100 to $1,500/MT depending on
the type and form in which the ginger is
packaged and also the negotiation
made with the buyers.
The local price of dried split ginger
ranges from #140,000 and #170,000/MT
sometimes or even more depending on
the period during its season.
The return on investment is 53.6%.
-As at today
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