A pandemic-induced increase in the global demand for ginger has seen the price of the spice surge from N4,000 for a 50kg bag to N15,000, an increase of nearly 400% within two years, benefitting both growers and exporters in the country.
In a report by Reuters on Tuesday, ginger farmers in Kaduna revealed that demand far outweighs supply, which is a boost for local production.
“If I had the capital, I’d plant more. People are looking for ginger now, and there is not enough,” Karima M. Imam said.
Another ginger producer, Hebile Abu revealed that demand is so high, that buyers are willing to pay any price in tonnes, and can’t even get enough.