Spain - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChili and Pepper Price in Spain - 2023
Contents:
- Chili and Pepper Price in Spain (FOB) - 2023
- Chili and Pepper Price in Spain (CIF) - 2023
- Chili and Pepper Exports in Spain
- Chili and Pepper Imports in Spain
Chili and Pepper Price in Spain (FOB) - 2023
The average chili and pepper export price stood at $2,490 per ton in June 2023, which is down by -5.2% against the previous month. Overall, export price indicated a modest increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, chili and pepper export price decreased by -14.5% against February 2023 indices. The pace of growth was the most pronounced in February 2023 an increase of 51% against the previous month. As a result, the export price attained the peak level of $2,910 per ton. From March 2023 to June 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Switzerland ($3,224 per ton), while the average price for exports to Portugal ($1,430 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 Belgium (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Chili and Pepper Price in Spain (CIF) - 2023
The average chili and pepper import price stood at $1,155 per ton in June 2023, dropping by -24.9% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 21% month-to-month. The import price peaked at $1,610 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Portugal ($2,621 per ton), while the price for Morocco ($1,084 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced a decline.
Chili and Pepper Exports in Spain
In 2022, overseas shipments of chilies and peppers (green) decreased by -9.7% to 794K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 with an increase of 2.6% against the previous year. As a result, the exports attained the peak of 887K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, chili and pepper exports fell to $1.4B in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $1.6B, and then fell in the following year.
Export of Chili and Pepper in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 441 | 453 | 524 | 470 | 2.1% |
France | 178 | 204 | 218 | 196 | 3.3% |
United Kingdom | 143 | 163 | 229 | 172 | 6.3% |
Netherlands | 129 | 134 | 132 | 137 | 2.0% |
Italy | 82.4 | 81.2 | 81.2 | 73.1 | -3.9% |
Poland | 67.0 | 66.5 | 72.4 | 66.2 | -0.4% |
Czech Republic | 29.6 | 32.5 | 42.2 | 42.5 | 12.8% |
Others | 249 | 253 | 273 | 259 | 1.3% |
Total | 1,319 | 1,389 | 1,571 | 1,415 | 2.4% |
Top Export Markets for Chili and Pepper from Spain in 2022:
- Germany (252.8K tons)
- France (107.9K tons)
- United Kingdom (96.2K tons)
- Netherlands (83.3K tons)
- Italy (56.8K tons)
- Poland (40.6K tons)
- Czech Republic (22.7K tons)
Chili and Pepper Imports in Spain
In 2022, the amount of chilies and peppers (green) imported into Spain rose sharply to 81K tons, surging by 5.8% on the year before. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 13%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, chili and pepper imports soared to $101M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Chili and Pepper in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Morocco | 69.6 | 64.4 | 74.2 | 88.9 | 8.5% |
Netherlands | 2.0 | 0.8 | 1.0 | 3.1 | 15.7% |
France | 3.1 | 2.5 | 3.7 | 2.6 | -5.7% |
Portugal | 1.4 | 1.3 | 1.5 | 2.3 | 18.0% |
Germany | 3.3 | 4.4 | 0.3 | 1.3 | -26.7% |
Others | 3.5 | 3.1 | 2.3 | 3.1 | -4.0% |
Total | 82.9 | 76.5 | 82.9 | 101 | 6.8% |
Top Suppliers of Chili and Pepper to Spain in 2022:
- Morocco (73.6K tons)
- France (2.0K tons)
- Netherlands (1.4K tons)
- Portugal (1.3K tons)
- Germany (0.7K tons)
This report provides an in-depth analysis of the chili and pepper market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
This report provides an in-depth analysis of the chili and pepper market in Spain.
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In November 2022, the chili and pepper price stood at $1,804 per ton (FOB, Spain), shrinking by -7.2% against the previous month.
The growth rate of asparagus exports reached its peak in March 2023, with a staggering increase of 554% compared to the previous month. The value of asparagus exports further soared to $2.9M in October 2023.
In March 2023, the rate of growth for Asparagus exports was the most prominent, with a 554% increase month-to-month. However, in July 2023, the value of Asparagus exports significantly contracted, reaching just $2.3M.
In September 2022, the eggplant price stood at $2,213 per ton (FOB, Spain), picking up by 32% against the previous month.
In January 2023, the price of mushrooms and truffles was $3,571 per ton (FOB, Spain), dropping 8% compared to the prior month.
In November 2022, the spinach price stood at $2,190 per ton, therefore (FOB, Spain), remained relatively stable against the previous month.
In March 2023, the pumpkin price stood at $1,271 per ton (FOB, Spain), dropping by -22.2% against the previous month.
The most notable growth rate was seen in September 2023 with artichoke exports increasing by 1,164% month-on-month. However, in October 2023, the value of artichoke exports plummeted to $266K.
Explore the top import markets for chili and pepper around the world, backed by key statistics and data from the IndexBox market intelligence platform.
Global chili and pepper consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.