China - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPimenta Pepper Price in China - 2023
Contents:
- Pimenta Pepper Price in China (FOB) - 2023
- Pimenta Pepper Price in China (CIF) - 2023
- Pimenta Pepper Exports in China
- Pimenta Pepper Imports in China
Pimenta Pepper Price in China (FOB) - 2023
The average pimenta pepper export price stood at $2,997 per ton in June 2023, standing approximately at the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 12% against the previous month. As a result, the export price attained the peak level of $3,092 per ton. From September 2022 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($4,493 per ton), while the average price for exports to South Africa ($1,810 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 Russia (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Pimenta Pepper Price in China (CIF) - 2023
In June 2023, the average pimenta pepper import price amounted to $2,947 per ton, rising by 4.2% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 20% m-o-m. As a result, import price attained the peak level of $3,127 per ton. From September 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was India ($2,948 per ton), while the price for Vietnam stood at $2,884 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+3.7%).
Pimenta Pepper Exports in China
For the fourth consecutive year, China recorded growth in overseas shipments of pimenta pepper, which increased by 6.7% to 249K tons in 2022. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 7.4%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, pimenta pepper exports expanded notably to $705M in 2022. The total export value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pimenta Pepper in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 113 | 117 | 150 | 143 | 8.2% |
| Malaysia | 49.3 | 62.9 | 63.7 | 91.1 | 22.7% |
| United States | 57.4 | 58.0 | 57.4 | 71.2 | 7.4% |
| Mexico | 62.7 | 46.3 | 67.6 | 68.3 | 2.9% |
| Japan | 46.3 | 49.7 | 56.3 | 59.4 | 8.7% |
| South Korea | 21.2 | 26.2 | 26.9 | 34.4 | 17.5% |
| Thailand | 36.7 | 32.8 | 33.3 | 32.1 | -4.4% |
| Israel | 9.1 | 11.8 | 11.8 | 18.2 | 26.0% |
| Germany | 11.8 | 19.0 | 16.8 | 16.5 | 11.8% |
| Indonesia | 6.6 | 9.3 | 10.4 | 14.6 | 30.3% |
| South Africa | 8.7 | 12.7 | 12.2 | 13.8 | 16.6% |
| Russia | 4.9 | 6.0 | 6.1 | 9.0 | 22.5% |
| Others | 103 | 104 | 101 | 133 | 8.9% |
| Total | 530 | 556 | 614 | 705 | 10.0% |
Top Export Markets for Pimenta Pepper from China in 2022:
- Spain (58.2K tons)
- Malaysia (30.1K tons)
- Mexico (22.8K tons)
- United States (22.1K tons)
- South Korea (13.7K tons)
- Thailand (13.2K tons)
- Japan (12.5K tons)
- South Africa (8.8K tons)
- Indonesia (7.1K tons)
- Israel (6.9K tons)
- Germany (6.2K tons)
- Russia (4.0K tons)
Pimenta Pepper Imports in China
In 2022, approx. 135K tons of pimenta pepper were imported into China; waning by -39.3% against the previous year. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. As a result, imports attained the peak of 223K tons, and then contracted dramatically in the following year.
In value terms, pimenta pepper imports reduced dramatically to $349M in 2022. Over the period under review, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 33%. As a result, imports reached the peak of $513M, and then shrank remarkably in the following year.
| Import of Pimenta Pepper in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 284 | 361 | 491 | 332 | 5.3% |
| Vietnam | 16.1 | 24.4 | 17.9 | 8.4 | -19.5% |
| Myanmar | 7.9 | N/A | 2.0 | 6.5 | -6.3% |
| Others | 1.1 | 2.0 | 2.4 | 1.5 | 10.9% |
| Total | 309 | 387 | 513 | 349 | 4.1% |
Top Suppliers of Pimenta Pepper to China in 2022:
- India (126.3K tons)
- Myanmar (5.1K tons)
- Vietnam (3.6K tons)
This report provides an in-depth analysis of the pimenta 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 689 - Pimento
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
461
This report provides an in-depth analysis of the pimenta pepper market in China.
773
This report provides an in-depth analysis of the piper pepper market in China.
1750
This report provides an in-depth analysis of the spice market in China.
897
This report provides an in-depth analysis of the global pimenta pepper market.
6735
This report provides an in-depth analysis of the global piper pepper market.
5013
This report provides an in-depth analysis of the global spice market.
461
This report provides an in-depth analysis of the pimenta pepper market in China.
773
This report provides an in-depth analysis of the piper pepper market in China.
1750
This report provides an in-depth analysis of the spice market in China.
897
This report provides an in-depth analysis of the global pimenta pepper market.
266
The price of Pimenta Pepper in June 2023, at $2,997 per ton (FOB, China), remained relatively stable compared to the previous month.
313
In value terms, piper pepper imports declined dramatically to $2.7M in April 2023.
159
During the period from April 2023 to November 2023, the exports of Spice experienced a slight decline. In terms of value, the spice exports dropped significantly to $52M in November 2023.
1199
The global pimenta pepper market rose modestly to $10.9B in 2019, surging by 4.2% against the previous year. This...
1111
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
4989
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
6402
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1159
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
3799
From 2007 to 2015, global exports on the pepper market surged by +X% per year, amounting to X million USD in 2015. This was X million USD (X%) more than in 2014. In physical terms, exports stood at X thousand to
15087
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015. From 2007 to 2015, it expanded with a CAGR of +X%.
