Report Update: Apr 1, 2024

World - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Pimenta Pepper Market

Pimenta pepper market: enjoy the latest info enhanced by an Ai-driven market research platform. Statistics contain trade, companies, market prices, consumption, market size, imports, exports, and production. There is a breakdown by region, including the U.S., Latin America, China, EU, Russia, the Middle East, the U.K., and Africa. Market trends and outlook to 2030 are also provided in the reports.

Get FREE access to the latest data and statistics on the Pimenta Pepper Market.

Pimenta Pepper - World's Largest Markets

Rating	Country
1	India
2	Ethiopia
3	Thailand
4	China
5	Bangladesh

In value terms, India, Ethiopia and Thailand were the countries with the highest levels of market value in 2020, together accounting for 41% of the global market. These countries were followed by China, Bangladesh, Pakistan, the United States, Cote d'Ivoire, Nepal, Myanmar, Benin, Ghana and Vietnam, which together accounted for a further 33%.

In terms of the main consuming countries, China recorded the highest rates of growth with regard to market size, over the period under review, while pimenta pepper market for the other global leaders experienced more modest paces of growth.

Pimenta Pepper Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
India	1767	1851	2147	10.2%
Myanmar	2447	2356	2262	-3.9%
Peru	2813	2839	2514	-5.5%
China	2535	2542	2557	0.4%
Spain	2841	2824	2928	1.5%
Mexico	1839	1713	3047	28.7%
Average	2244	2245	2478	5.1%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Mexico ($3,047 per ton) and Spain ($2,928 per ton), while India ($2,147 per ton) and Myanmar ($2,262 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United Kingdom	3327	3330	3391	1.0%
Germany	3131	3332	3136	0.1%
Mexico	2681	2574	2714	0.6%
Thailand	2123	1964	2431	7.0%
China	1898	1876	2421	12.9%
Netherlands	2414	2290	2410	-0.1%
United States	2290	2387	2407	2.5%
Malaysia	1893	2004	2311	10.5%
Indonesia	1486	1639	1932	14.0%
Spain	2234	2324	1921	-7.3%
Sri Lanka	1265	1580	1871	21.6%
United Arab Emirates	1634	1679	1859	6.7%
Bangladesh	1383	1554	1598	7.5%
Average	2213	2248	2410	4.4%

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($3,391 per ton), while Bangladesh ($1,598 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Sri Lanka, while the other global leaders experienced more modest paces of growth.

Pimenta Pepper - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.3	0.4	0.4	10.1%
China	0.05	0.1	0.4	171.2%
Thailand	0.2	0.2	0.2	6.6%
Spain	0.1	0.1	0.1	4.3%
Malaysia	0.08	0.09	0.1	18.4%

In value terms, the United States ($390M), China ($388M) and Thailand ($189M) were the countries with the highest levels of imports in 2020, together accounting for 43% of global imports.

China (+171.2% per year) saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Pimenta Pepper - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
India	0.7	0.8	1.1	26.9%
China	0.5	0.5	0.6	2.0%
Spain	0.2	0.2	0.2	12.1%
Peru	0.08	0.09	0.1	8.0%
Mexico	0.06	0.06	0.06	7.2%

In value terms, the largest pimenta pepper supplying countries worldwide were India ($1.1B), China ($556M) and Spain ($218M), together comprising 76% of global exports. Peru, Mexico and Myanmar lagged somewhat behind, together accounting for a further 8.1%.

Myanmar (+257.7% per year) recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Pimenta Pepper - Market Forecast

Driven by rising demand for pimenta pepper worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Pimenta Pepper - Product Coverage

HS 090420 - Spices; fruits of the genus capsicum or pimenta, dried or crushed or ground
HS 090421 - Spices; fruits of the genus Capsicum or Pimenta, dried, neither crushed nor ground
HS 090422 - Spices; fruits of the genus Capsicum or Pimenta, crushed or ground

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global pimenta 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 2030.

Product coverage:

FCL 689 - Pimento

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Harvested Area, By Country, 2012-2023
7. Yield, By Country, 2012-2023
8. Imports, In Physical Terms, By Country, 2012–2023
9. Imports, In Value Terms, By Country, 2012–2023
10. Import Prices, By Country Of Destination, 2012–2023
11. Exports, In Physical Terms, By Country, 2012–2023
12. Exports, In Value Terms, By Country, 2012–2023
13. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2023
19. Production, In Value Terms, 2012–2023
20. Area Harvested, 2012–2023
21. Yield, 2012–2023
22. Production, By Country, 2023
23. Production, In Physical Terms, By Country, 2012–2023
24. Harvested Area, By Country, 2023
25. Harvested Area, By Country, 2012-2023
26. Yield, By Country, 2012-2023
27. Imports, In Physical Terms, 2012–2023
28. Imports, In Value Terms, 2012–2023
29. Imports, In Physical Terms, By Country, 2023
30. Imports, In Physical Terms, By Country, 2012–2023
31. Imports, In Value Terms, By Country, 2012–2023
32. Import Prices, By Country, 2012–2023
33. Exports, In Physical Terms, 2012–2023
34. Exports, In Value Terms, 2012–2023
35. Exports, In Physical Terms, By Country, 2023
36. Exports, In Physical Terms, By Country, 2012–2023
37. Exports, In Value Terms, By Country, 2012–2023
38. Export Prices, 2012–2023