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Himalaya Ginger: Exporting Raw Ginger Worldwide

Himalaya Ginger Export Company specializes in exporting raw, unprocessed dried ginger, grown in Eastern Nepal. With 3rd largest global share in ginger production and free access to India’s market, the company aims for global expansion. It thrives in a supportive legal environment and benefits from stable political and economic conditions. Despite challenges in technological and environmental aspects, the company's dedication to high-quality ginger production has positioned it favorably in the international market. References provided below.

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Himalaya Ginger: Exporting Raw Ginger Worldwide

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  1. Himalaya Ginger Export Company Prajwol Dixit 17310

  2. Himalaya Ginger Export Company • Product: Ginger (Bose and Nase) Raw Ginger – Unprocessed Dried Ginger • Sector: Agriculture • Incorporation: Private Limited Company (<10 crore) • Major Market: India Bangladesh Italy

  3. Product Economy • Grown specially in Eastern Nepal • 3 to 4 % share in total agricultural exports (Office of The Investment Board, GoN, 2016) Source: MRSMP, MoAD, 2015/16

  4. Product Economy • 3rd Largest Producer of Ginger in the world • 11% of global share in 2013 (IBN, 2016) • Share of Ginger in Gross Cropped Area • 1991 – 0.08% • 2013-0.39% • Ilam, Salyan, Nawalparasi, Doti, Surkhet, Tanahu, Kailali, Morang (Vegetable Development Directorate, 2010)

  5. Product Economy (Production) FAOSTAT, 2014

  6. Product Economy

  7. Product Economy (Price Trend)

  8. Product Economy • Free Access to India’s Market for ginger trade. • 65% of 235,000 MT was exported in 2013 (NTIS, 2016) • Export price at 20% of China’s Price. (IBN, 2016) • Forecast of increasing to 75% • Trend of export positive • Investment enhance market growth.

  9. Legal Environment • Ministry of Commerce • Ministry of Agricultural Development • Department of Agriculture • District Agriculture Development Office • Ministry of Industry • Department of Customs • Enablers • Nepal Agriculture Research Council • National Spice Crop Development Program • Nepal Ginger Producer and Traders Association • Jadibuti Association of nepal • FNCCI • Trade and Export Promotion Centre

  10. Legal Environment • Industrial Enterprises Act, 2073 • Decrease Import and increase Export • Private Firm Registration Act • Company Act, 2048 • Labour Act, 2048 • Compensation and Health and Safety • Export and Import (Control) Act, 2013 • Customs Act, 2007

  11. Legal Environment • Nepal Trade Integration Strategy (4 Agro-Based Priority Products) • Agricultural Development Strategy (50 billion investment annually) • Agriculture Commercialization and Trade (PACT) • Increase in volume (incentives for farmers) • Industrial Policy • Nepal Trade Policy (2015) : Thrust Area Development

  12. Political Environment • Social Democracy • Stable political regime • Nepal Legislative Election 2017 • Stability estimated for 5 years • Federalism • Inter-Province Taxation and Competition • Favorable Environment for Export Commodities

  13. Political Environment • Corruption Index - 122 out of 180 (Transparency International) • Third Most Corrupt in South Asia

  14. Economic Environment • Increasing Per capita income • Increase by 4.6% • Interest Rate 7% • GDP Projected to grow by 5.5% in 2019 (ADB Report) • NTIS Projection 300,000 MT in 2017 • 88th position in Global Competitiveness Index 2017/18 (World Economic Forum) • 105th in Ease of Doing Business (World Bank)

  15. Economic Environment • Agriculture and Forestry to GDP 27.1% • Taxation • Agricultural Produce – Expenses • Fertilizers Concession(As defined in chapter 31 of custom tariff 2015/16.) • Interest on loans extended for commercial herbs farming, establishment of storage facilities not to exceed 6%. (IBN)

  16. Socio-Cultural Environment • Used as spices • Growing trend of Ginger tea, ginger candy • International Trend of consumption Growing • Organic

  17. Technological Environment • Lack of Processing Plants • Lack of Washing Facilities • Labor Intensive Drying Process (Sutho) • Good Agricultural Practice Training • Technology for Packaging and Storage • National Agriculture Innovation Project (NAIP, 2014)

  18. Environmental Environment • Environmental Protection Act • Solid Waste Management • Pesticides Usage • American Spice Trade Association (ASTA) standards • Insoluble ash, soil content, pesticides level

  19. International Environment • Foreign competition (China and India) • Nepal-India Trade Treaty (free access to Indian Market) • EU duty free, quota free (Preferential Trade) – 0% tariff • NTM Survey by ITC (2017) • SPS / TBT major barriers • India with 99 per cent of the export quantity going there (Department of Customs, 2017).  • Bureau of Standards and Metrology  • Department of Food Technology and Quality Control  • India- Central Food Laboratory

  20. International Environment • Nepali ginger meets the requirements of a number of European countries including Italy. (Samarth, NGPTA) • 2018 Earlier months, India halted import • Chinese Ginger • Soil on ginger • Standards • Non tariff Barriers (Technical Barriers to Trade)

  21. References http://www.ips.lk/wp-content/uploads/2017/09/Nepal.pdf http://kathmandupost.ekantipur.com/news/2018-03-07/nepali-ginger-traders-eye-italy-as-potential-market.html https://archive.nepalitimes.com/article/from-nepali-press/Ginger-politics,3272 https://thehimalayantimes.com/opinion/ginger-pickle-understanding-export-rules/ http://moad.gov.np/public/uploads/1142453195-STATISTIC%20AGRICULTURE%20BOOK_2016.pdf http://www.ibn.gov.np/uploads/files/Working%20Classification/IBN/Sector%20Profiles/Agriculture.pdf http://nepalginger.org.np/pdf/ANSAB_Marketstudy_1508_Final_22Aug15.pdf

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