What is the price of ginger per kilogram/pound in Lao (Laos) today?
The retail price range for Lao (Laos) ginger is between US$ 11.06 and US$ 16.38 per kilogram or between US$ 5.02 and US$ 7.43 per pound(lb). Click here to see today's exact prices of ginger in Lao (Laos)
The retail price range in Lao kip for ginger is between LAK 221,282.70 and LAK 327,575.70 per kilogram or between LAK 100,354.97 and LAK 148,560.41 per pound(lb) in Vientiane and Pakse (Pakxe).
Wholesale prices
In 2024, the approximate wholesale price range for Lao (Laos) ginger is between US$ 7.74 and US$ 11.47 per kilogram or between US$ 3.51 and US$ 5.20 per pound(lb).
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Lao (Laos) Ginger Export Prices - Historical, Trends and Prediction
The export price of Ginger from Lao over the last five years has been quite volatile. In 2017, the price per kilogram was 1.77 US dollars, which increased to 2.02 US dollars in 2018. However, the price dropped significantly in 2019 to 0.63 US dollars. In 2020, the price rose again to 8.22 US dollars, and in 2021 it was 8.18 US dollars. Based on this data, it is likely that the export price of Ginger from Lao will remain relatively stable in the next two years, with an estimated price of 8.18 US dollars in 2023 and 8.22 US dollars in 2024.Lao (Laos) Ginger Import Prices - Historical, Trends and Prediction
The import price per kilogram of Ginger into Lao (Laos) over the last five years has been quite volatile. In 2016, the price was at its lowest point of 1.57 US $ per kg, before increasing to 3.93 US $ per kg in 2015. This was followed by a decrease to 2.32 US $ per kg in 2014. In 2017, the price rose again to 1.77 US $ per kg, before dropping to 0.63 US $ per kg in 2019. The most recent year, 2020, saw a dramatic increase to 8.22 US $ per kg, before dropping slightly to 8.18 US $ per kg in 2021. Based on the data, it is difficult to predict the prices for 2023 and 2024. However, it is likely that the prices will remain volatile, with potential for further increases or decreases.Export values for Lao (Laos) ginger
The total values in export for ginger in Lao (Laos) were US$ 11, US$ 3,543, US$ 1,397 and US$ 1,486 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Lao (Laos): Garlic, Pepper, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom & Anise.
See prices of ginger in other countries across Asia: Kazakhstan ginger, Kyrgyzstan ginger, Tajikistan ginger, Turkmenistan ginger, Uzbekistan ginger, China ginger, Hong Kong ginger, Macao ginger, North Korea ginger & Mongolia ginger.
Lao (Laos) ginger - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lao (Laos) shipped 2,368 tonnes of ginger. Across 2019 alone, the demand for Lao (Laos) ginger (herbs and spices category) has surged, changing by 242.197 percent compared to the year 2018. Between 2017 and 2019, ginger's exports went up by 17.99 percent netting the exporter US$1.49m for the year 2019. Lao (Laos)'s ginger exports are categorised as:
- Ginger, neither crushed nor ground (HS code 091011)
- Ginger, crushed or ground (HS code 091012)
- Ginger (HS code 091010)
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Lao (Laos) ginger export values
In 2019, Lao (Laos) shipped ginger valued at 1.49m USD, a surge of 6.66% from 2018's total ginger export of 1.397m USD. The yearly growth in value of Lao (Laos) ginger between 2017 to 2018 was -60.57%.
The annual change in the volume of Lao (Laos)'s ginger exports between 2017 and 2019 was 17.99 per cent when compared to a variation of 242.197% in the growth rate between 2018 and 2019.
Export markets for Lao (Laos) ginger ( in '000$ )
Lao (Laos) imported 63 tonnes of ginger in 2019.