World - Pepper - Market Analysis, Forecast, Size, Trends and Insights
India's Exports of Pepper Increased to $735.4M in 2014
India dominates in the global pepper trade, significantly strengthening its position in the global export structure from 20.6% in 2007 to 29.9% in 2014. Its primary trading partner in 2014 was the U.S., where it supplied 17.8% of its total pepper exports, accounting for 15.6% of total U.S. imports.
Overall, the global pepper trade reached 2.5 billion USD, with a CAGR of 3.6% from 2007 to 2014. In physical terms, it showed a steady decline, falling from 801.8 thousand tonnes in 2007 to 719.7 thousand tonnes in 2014.
In 2014, the U.S. (25.6%), Germany (9.1%), Singapore (7.2%), India (5.6%) and Japan (4.6%) were the leading destinations of pepper imports, together making up 52.0% of global imports.
While India and Brazil led the way with a combined share of 42% of total global exports of pepper, the fastest growing exporters from 2007 to 2014 were Singapore (+17.9% per year) and Mexico (14.4% per year).
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global pepper market. 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 2025.
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