Traders from Bangladesh claim that the demand for ginger has increased five times and garlic three times in the last decade. On the contrary, ginger production has stopped at almost one place. Although the production of garlic has increased slightly, it is less than the demand. This increases the import dependence of ginger-garlic.
The government has taken a project to increase the production of vegetable products. If it is effective, production may increase slightly.
According to the latest data of the Tariff Commission, the country has an annual demand of 300,000 tons of ginger and 600,000 tons of garlic. According to traders, the demand of ginger in the country is 450,000 tons and the demand of garlic is about 900,000 tons, which is five and three times higher than a decade ago respectively.
According to statistics bureau, ginger production in the country has stopped from 2013-14 financial year to 2021-22 financial year. During this decade, the production of only 80,000 tons of the spice is doing a little bit here and there. In the fiscal year 2013-14, the country produced 77,000 tons of ginger, which reached a maximum of 84,000 tons in 2019-20. In 2021-22, it decreased again to 82,000 tons.
Source: dailyindustry.news