China - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChili and Pepper Price in China - 2023
Contents:
- Chili and Pepper Price in China (FOB) - 2023
- Chili and Pepper Price in China (CIF) - 2022
- Chili and Pepper Exports in China
- Chili and Pepper Imports in China
Chili and Pepper Price in China (FOB) - 2023
The average chili and pepper export price stood at $1,685 per ton in June 2023, jumping by 22% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in February 2023 when the average export price increased by 33% month-to-month. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($1,840 per ton), while the average price for exports to Mongolia ($254 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Chili and Pepper Price in China (CIF) - 2022
In 2022, the average chili and pepper import price amounted to $1,735 per ton, rising by 12% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 127%. Over the period under review, average import prices hit record highs at $1,812 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($2,138 per ton), while the price for Myanmar ($1,497 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+43.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Chili and Pepper Exports in China
Chili and pepper exports from China surged to 114K tons in 2022, jumping by 26% against 2021 figures. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.
In value terms, chili and pepper exports soared to $145M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chili and Pepper in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 16.1 | 26.8 | 18.9 | 31.1 | 24.5% |
| Russia | 53.9 | 42.9 | 33.9 | 30.7 | -17.1% |
| Vietnam | 7.8 | 13.5 | 6.8 | 18.7 | 33.8% |
| Malaysia | 3.0 | 5.5 | 5.5 | 9.4 | 46.3% |
| Kyrgyzstan | 1.7 | 0.6 | 2.9 | 7.7 | 65.5% |
| Kazakhstan | 3.0 | 7.9 | 1.2 | 2.8 | -2.3% |
| Mongolia | 2.4 | 3.3 | 3.2 | 2.3 | -1.4% |
| Hong Kong SAR | 5.8 | N/A | N/A | N/A | 0% |
| Others | 3.6 | 17.0 | 12.1 | 41.9 | 126.6% |
| Total | 97.3 | 118 | 84.6 | 145 | 14.2% |
Top Export Markets for Chili and Pepper from China in 2022:
- Thailand (27.4K tons)
- Russia (26.3K tons)
- Vietnam (12.5K tons)
- Mongolia (8.9K tons)
- Kyrgyzstan (8.0K tons)
- Malaysia (6.1K tons)
- Kazakhstan (3.1K tons)
Chili and Pepper Imports in China
In 2022, the amount of chilies and peppers (green) imported into China fell dramatically to 25K tons, reducing by -29.7% on 2021 figures. Overall, imports showed a dramatic curtailment. The smallest decline of -16.6% was in 2020.
In value terms, chili and pepper imports declined significantly to $43M in 2022. In general, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 23%.
| Import of Chili and Pepper in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 5.4 | N/A | N/A | 21.9 | 59.5% |
| Thailand | N/A | N/A | 50.6 | 17.5 | -65.4% |
| Vietnam | 50.6 | 44.7 | 4.4 | 3.8 | -57.8% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 55.9 | 44.8 | 55.1 | 43.2 | -8.2% |
Top Suppliers of Chili and Pepper to China in 2022:
- Myanmar (14.7K tons)
- Thailand (8.2K tons)
- Vietnam (2.1K tons)
This report provides an in-depth analysis of the chili and pepper market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
-
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
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