World - Pepper - Market Analysis, Forecast, Size, Trends and Insights
Which Country Imports the Most Pepper in the World?
Global pepper imports amounted to 1,005 thousand tonnes in 2015, picking up by +5.6% against the previous year level. Overall, the global pepper imports indicated a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total import volume increased at an average annual rate of +3.0% over the last eight years.
The growth pace was the most rapid in 2010, when the output figure increased by +9% from the previous year level. Over the period under review, the global pepper imports reached its maximum volume in 2015, and is likely to continue its growth in the immediate term.
In value terms, global pepper imports amounted to $1,003 million in 2015. Overall, the value of global pepper imports increased robustly from 2007 to 2015, expanding at an average annual rate of +3.0%. This trend pattern, however, indicated relatively mild fluctuations throughout the analyzed period.
Top Pepper Importing Countries in the World
1. USA (204K Tonnes)
2. Thailand (77K Tonnes)
3. Spain (56K Tonnes)
4. Germany (50K Tonnes)
5. Sri Lanka (50K Tonnes)
6. Malaysia (47K Tonnes)
7. Mexico (37K Tonnes)
Pepper Imports By Country
The country with the largest volume of the pepper imports in absolute volumes was the United States (204 thousand tonnes), accounting for 20% of global imports. It was followed by Thailand (77 thousand tonnes), with a share of 8% of global imports. Moreover, pepper imports in the United States exceeded the figures recorded by the world's second largest importer, Thailand (77 thousand tonnes), threefold. The third position in this ranking was occupied by Spain with a share of 6%.
From 2007 to 2015, an average annual growth rate of pepper imports in the United States stood at +3.5%. The remaining importing countries recorded the following average annual growth rates: Thailand (+7.0% per year) and Spain (+7.4% per year).
In value terms, the country with the largest volume of imports of pepper in absolute volumes was the United States (1,063 million USD), making up 23% of global imports. The second position in the ranking was occupied by Germany (353 million USD), with a share of 8% of global imports. Moreover, pepper imports in the United States exceeded the figures recorded by the world's second largest importer, Germany (353 million USD), threefold. It was followed by Singapore with a share of 5%.
From 2007 to 2015, an average annual growth rate of pepper imports in the United States was at +12.9%. The remaining importing countries experienced the following average annual growth rates: Germany (+9.3% per year) and Singapore (+18.5% per year).
Do you want to know more about global pepper market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- pepper market share
- pepper prices
- pepper industry
- pepper sales
- pepper import
- pepper export
- pepper market forecast
- pepper price forecast
- key pepper producers
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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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