Ginseng Price Trend

Ginseng Price Trend, Index and Forecast

Track the latest insights on ginseng price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Ginseng Prices Outlook Q2 2025

• USA: US$ 37/Kg            
• China: US$ 23/Kg         
• Germany: US$ 42/Kg  
• Japan: US$ 46/Kg        
• France: US$ 33/Kg

Ginseng Price Chart

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During the second quarter of 2025, the ginseng prices in the USA reached 37 USD/Kg in June. Ginseng prices in the USA this quarter were influenced by constrained harvest volumes from key producing states due to erratic weather patterns. The demand from the nutraceuticals and herbal supplements sectors remained strong, especially for wild and organic variants. Export obligations to East Asian countries added further strain on domestic availability. Labor shortages during planting and harvesting seasons, along with stricter forest harvesting regulations, also contributed to elevated sourcing and processing costs.

During the second quarter of 2025, ginseng prices in China reached 23 USD/Kg in June. In China, ginseng prices were affected by robust domestic consumption driven by the traditional medicine and functional food sectors. Heavy rainfall in major growing provinces delayed harvest cycles and impacted crop quality. Increased competition among processors for high-grade roots exerted pressure on procurement. Additionally, logistics disruptions caused by regional transport restrictions and elevated packaging material costs added to overall supply chain expenses across the country.

During the second quarter of 2025, the ginseng prices in Germany reached 42 USD/Kg in June. Ginseng prices in Germany were primarily influenced by high import dependency, particularly from Asian markets. Delays in cross-border shipments, coupled with fluctuating exchange rates, impacted procurement costs. The demand from the pharmaceutical and health food sectors remained stable, but elevated storage and compliance costs under stringent EU quality standards added to landed costs. Importers also faced increased insurance premiums linked to geopolitical uncertainties in Eastern trade routes.

During the second quarter of 2025, the ginseng prices in Japan reached 46 USD/Kg in June. In Japan, ginseng pricing dynamics were shaped by consistent demand from the traditional Kampo medicine and functional beverage sectors. Import volumes from China and South Korea were affected by port congestion and phytosanitary inspections, leading to inconsistent supply timelines. The appreciation of the local currency temporarily eased some import cost burdens, but increased freight charges and stricter residue testing protocols raised overall costs for distributors and retailers.

During the second quarter of 2025, the ginseng prices in France reached 33 USD/Kg in June. France experienced ginseng price movements driven by rising demand in the wellness and cosmetic sectors. A large portion of ginseng supply came from imports, particularly from China and South Korea, where shipment delays and costlier freight services disrupted availability. Retailers faced higher costs due to national packaging regulations and additional labeling requirements. Distribution within the domestic market was also impacted by labor disruptions in the transportation and warehousing sectors.

Ginseng Prices Outlook Q4 2023

• USA: US$ 42/kg
• China: US$ 25/kg

In 2023, the price of ginseng in the United States reached 42 USD/kg by December. Similarly, in China, the ginseng prices hit 25 USD/kg in the December 2023.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the ginseng prices.

Global Ginseng Price Trend

The report offers a holistic view of the global ginseng pricing trends in the form of ginseng price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of ginseng, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed ginseng demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Ginseng Price Trend

Q2 2025:

As per the ginseng price index, European prices this quarter were influenced by high reliance on imports from Asian suppliers, particularly China and South Korea. Prolonged lead times due to maritime congestion and customs clearance delays disrupted supply consistency. The demand from the pharmaceutical, wellness, and nutraceutical sectors remained firm, particularly for processed forms like extracts and capsules. Compliance with stringent EU health and labeling regulations led to increased inspection, certification, and packaging costs, raising overall import expenses. Additionally, local distribution costs were impacted by inflationary pressures in the transportation and warehousing sectors.

Q4 2023:

European ginseng prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

Detailed price information for ginseng can also be provided for an extensive list of European countries.

North America Ginseng Price Trend

Q2 2025:

As per the ginseng price index, in North America, ginseng pricing was shaped by limited domestic supply availability due to weather-related disruptions in key growing regions. Demand from the herbal supplements and functional foods sectors remained steady, especially for high-grade wild variants. Export volumes to East Asian countries reduced the availability for domestic markets, contributing to tighter inventory levels. Higher labor and land lease costs, coupled with regulatory compliance for forest-grown ginseng, added to production expenses. Transportation bottlenecks and packaging input cost escalations also played a role in influencing final pricing.

Q4 2023:

The analysis of ginseng prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.

Specific ginseng historical data within the United States and Canada can also be provided.

Middle East and Africa Ginseng Price Trend

Q2 2025:

As per the ginseng price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences. A tight supply from refineries, exacerbated by maintenance rounds and unplanned outages, put pressure on prices. Simultaneously, demand from the agrochemical sector during the planting season contributed to price changes.

Q4 2023:

The report explores the ginseng pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Ginseng Price Trend

Q2 2025:

Asia Pacific witnessed diverse pricing drivers across major ginseng-producing and -consuming countries. In China and South Korea, rainfall anomalies affected harvest timelines, leading to quality inconsistencies and variable procurement costs. Meanwhile, demand across traditional medicine, cosmetics, and dietary supplement sectors remained robust. Processing hubs in Southeast Asia faced increased input costs due to energy tariffs and labor shortages. Regional trade imbalances and elevated logistics charges from inter-country shipments further contributed to cost fluctuations, especially for value-added ginseng extracts and blended formulations.

Q4 2023:

The ginseng pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This ginseng price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Ginseng Price Trend

Q2 2025:

Latin America's ginseng market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in ginseng prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the ginseng price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing ginseng pricing trends in this region.

Q4 2023:

The analysis of ginseng prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.

This comprehensive review can be extended to include specific countries within Latin America.

Ginseng Price Trend, Market Analysis, and News

IMARC's latest publication, “Ginseng Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the ginseng market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of ginseng at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed ginseng prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting ginseng pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Ginseng Market Analysis

The global ginseng market size reached USD 9.34 Billion in 2024. By 2033​, IMARC Group expects the market to reach USD 15.9 Billion, at a projected CAGR of 5.80% during 2025-2033.

• The rising consumption of ginseng due to its immune-boosting properties is driving the market expansion. It enhances the production of immune cells, such as lymphocytes and macrophages, which help the body fend off infections and diseases thereby aiding the market growth.
• Aside from that, ginseng possesses strong anti-inflammatory properties, primarily due to its ginsenosides. These compounds help reduce inflammation by inhibiting the production of pro-inflammatory cytokines. This makes ginseng beneficial for individuals suffering from chronic inflammatory conditions such as arthritis and inflammatory bowel disease, which strengthening the market growth.
• Moreover, the high antioxidant contents of ginseng, which help neutralize harmful free radicals in the body, is fueling the market growth. By reducing oxidative stress, ginseng helps protect the body from cellular damage, thereby supporting the market expansion.
• Besides this, ginseng has been shown to help regulate blood sugar levels, making it beneficial for individuals with diabetes or those at risk of developing the condition. It improves insulin sensitivity and promotes the uptake of glucose by cells. This helps maintain stable blood sugar levels and reduces the risk of diabetes-related complications, making ginseng a valuable tool in managing and preventing diabetes.
• Furthermore, the growing product adoption to aid the cardiovascular health by improving blood circulation and reducing oxidative stress on blood vessels, is fostering the market growth. It helps lower blood pressure, reduce cholesterol levels, and prevent the formation of arterial plaque. These effects collectively contribute to a reduced risk of heart disease and stroke, making ginseng an important supplement for maintaining heart health.
• In addition, the widespread consumption of ginseng to improve sleep quality by reducing stress and promoting relaxation is acting as another growth-promoting factors. It relieves and regulates the sleep-wake cycle and reduces symptoms of insomnia, making it easier to fall asleep and stay asleep. Additionally, ginseng's ability to reduce anxiety and promote overall well-being also contributes to its effectiveness in improving sleep quality, making it a valuable supplement for those struggling with sleep issues.
• Another factor strengthening the market growth is its utilization by athletes and physically active individuals to enhance physical performance and endurance. In this context, ginseng helps increase energy levels, reduce muscle damage, and improve recovery time after intense exercise.

Ginseng News

The report covers the latest developments, updates, and trends impacting the price of ginseng, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the ginseng price trend.

Latest developments in the ginseng industry:

• In March 2024, Korea Ginseng Corporation US (KGCUS), also known as JungKwanJang, unveiled its new grapefruit flavored EVERYTIME ginseng product at the 2024 Natural Products Expo West. Alongside the launch, KGCUS promoted its "Food as Medicine" initiative and introduced the marketing slogan "Rev Your Life." The campaign aims to encourage a healthier lifestyle through optimized circulation, aligning with current wellness trends.
• In June 2024, AVF launched ginseng sprout trials in their lab following successful saffron trials. The trials will be documented in a blog series, providing updates and insights. This initiative precedes the AVF Summit at VertiFarm in Dortmund from October, which will explore medicinal plant cultivation, including Traditional Chinese Medicine.

Product Description

Ginseng is a plant characterized by its fleshy roots, belonging to the genus Panax in the Araliaceae family. It is renowned for its medicinal properties and has been used in traditional medicine for centuries, particularly in Asia and North America. There are several species of ginseng, with Panax ginseng (Asian ginseng) and Panax quinquefolius (American ginseng) being the most commonly used. Ginseng is often used to promote overall health, vitality, and longevity.

Its applications are diverse, spanning traditional medicine, dietary supplements, and even cosmetics. In traditional medicine, ginseng is believed to replenish energy, improve cognitive function, and strengthen the immune system. Additionally, ginseng is often used in energy drinks, teas, and nutritional supplements aimed at enhancing physical and mental performance. The adaptogenic properties of ginseng help the body resist stress and maintain homeostasis.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of ginseng pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting ginseng price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The ginseng price charts ensure our clients remain at the forefront of the industry.