Pepper Market - The Netherlands Reduced its Exports of Chilies and Peppers by 12% to $1,076M (in 2014, YoY)

Vegetables And Melons September 01, 2015
Author: Alexander Romanenko
Chief Executive Officer

pepper market

Despite a dip in exports in 2014, The Netherlands continued to lead the way in the global chili and pepper trade. In 2014, the Netherlands exported 446 thousand tonnes of chilies and peppers totaling 1,076 USD, 12% under the previous year. Its primary trading partner on the global pepper market was Germany, where it supplied 34.5% of its total chili and pepper exports in value terms, accounting for 44.2% of Germany's total imports.

From 2007 to 2014, the Netherlands was a net exporter of chilies and peppers. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced.

Spain and Mexico were among the other main global suppliers of chilies and peppers in 2014. However, the fastest growing exporters from 2007 to 2014 were Lithuania (+22.1% per year) and Canada (+8.0% per year).

The Netherlands's top 5 trading partners in 2014 were the aforementioned Germany, the United Kingdom, Sweden, Norway and Belgium, with a combined 74.0% share of the Netherlands's chili and pepper exports. The share of the United Kingdom increased nicely (+5.7 percentage points), while the share of Germany illustrated negative dynamics (-3.2 percentage points).

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Source: World: Chilies And Peppers (Green) - Market Report. Analysis And Forecast To 2020