India: Piper Pepper Market 2024

Piper Pepper Market Size in India

In 2022, the Indian piper pepper market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption continues to indicate a buoyant increase. Piper pepper consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Piper Pepper Production in India

In value terms, piper pepper production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a measured expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

In 2022, the average piper pepper yield in India shrank modestly to X kg per ha, therefore, remained relatively stable against 2021 figures. In general, the yield indicated a strong increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, piper pepper yield increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the yield increased by X%. The piper pepper yield peaked at X kg per ha in 2017; however, from 2018 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of piper pepper production in India rose slightly to X ha, growing by X% against 2021. Over the period under review, the harvested area, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2015 when the harvested area increased by X% against the previous year. The piper pepper harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Piper Pepper Exports

Exports from India

In 2022, the amount of piper pepper exported from India rose modestly to X tons, increasing by X% against 2021. Over the period under review, exports, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, piper pepper exports fell slightly to $X in 2022. Overall, exports, however, showed a perceptible decline. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons), the United Arab Emirates (X tons) and Bangladesh (X tons) were the main destinations of piper pepper exports from India, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bangladesh (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for piper pepper exports from India, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average piper pepper export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price continues to indicate a mild descent. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (X%), while the prices for the other major destinations experienced more modest paces of growth.

Piper Pepper Imports

Imports into India

Piper pepper imports into India expanded sharply to X tons in 2022, increasing by X% compared with 2021. In general, imports showed a resilient increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, piper pepper imports skyrocketed to $X in 2022. Overall, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Vietnam (X tons), Sri Lanka (X tons) and Brazil (X tons) were the main suppliers of piper pepper imports to India, together accounting for X% of total imports. The United Arab Emirates and Indonesia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), Vietnam ($X) and Brazil ($X) constituted the largest piper pepper suppliers to India, with a combined X% share of total imports. The United Arab Emirates and Indonesia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average piper pepper import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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