Spain - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpain's Chili and Pepper Price Falls 7% to $1,804 per Ton
Spain Chili and Pepper Export Price in November 2022
In November 2022, the chili and pepper price stood at $1,804 per ton (FOB, Spain), shrinking by -7.2% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2022 when the average export price increased by 11% month-to-month. As a result, the export price attained the peak level of $2,276 per ton. From July 2022 to November 2022, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In November 2022, the country with the highest price was Sweden ($2,073 per ton), while the average price for exports to Italy ($1,254 per ton) was amongst the lowest.
From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Spain Chili and Pepper Exports
In November 2022, shipments abroad of chilies and peppers (green) increased by 94% to 99K tons, rising for the third month in a row after seven months of decline. In general, exports, however, recorded a noticeable shrinkage. Over the period under review, the exports hit record highs at 124K tons in January 2022; however, from February 2022 to November 2022, the exports failed to regain momentum.
In value terms, chili and pepper exports soared to $179M (IndexBox estimates) in November 2022. Overall, exports, however, saw a mild slump. The exports peaked at 241K tons in March 2022; however, from April 2022 to November 2022, the exports failed to regain momentum.
Spain Chili and Pepper Exports by Country
Germany (31K tons), the UK (17K tons) and the Netherlands (11K tons) were the main destinations of chili and pepper exports from Spain, together comprising 60% of total exports. These countries were followed by France, Italy, Poland, the Czech Republic, Belgium and Sweden, which together accounted for a further 27%.
From January 2022 to November 2022, the biggest increases were in Italy (with a CAGR of -0.8%), while shipments for the other leaders experienced a decline.
In value terms, Germany ($57M), the UK ($33M) and the Netherlands ($20M) constituted the largest markets for chili and pepper exported from Spain worldwide, with a combined 61% share of total exports. These countries were followed by France, Poland, Italy, the Czech Republic, Sweden and Belgium, which together accounted for a further 25%.
Italy, with a CAGR of -1.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
Chili and Pepper Market Overview
The Spanish chili and pepper market has seen strong growth in recent years, with both production and exports increasing significantly. This growth can be attributed to a number of factors, including the growing popularity of Spanish cuisine globally, as well as the relatively low cost of production in Spain compared to other major chili and pepper producing countries.
The country's temperate climate is well-suited for growing a variety of chili and pepper varieties, which has helped to make it a major player in the European market.
Looking ahead, the chili and pepper market in Spain is expected to continue growing at a healthy pace. This will be driven by continued strong demand from both consumers and industry, as well as ongoing efforts to improve productivity.
This report provides an in-depth analysis of the chili and pepper market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 401 - Chillies and peppers (green)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
