Angola: Piper Pepper Market 2024

Piper Pepper Market Size in Angola

In 2022, the Angolan piper pepper market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, recorded a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Piper Pepper Production in Angola

In value terms, piper pepper production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with a decrease of X% against the previous year. Over the period under review, production hit record highs in 2022 and is likely to continue growth in years to come.

The average yield of piper pepper in Angola totaled less than X kg per ha in 2022, standing approx. at the year before. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the piper pepper harvested area in Angola amounted to less than X ha, standing approx. at the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern.

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Piper Pepper Exports

Exports from Angola

In 2022, shipments abroad of piper pepper decreased by X% to X kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X kg, and then reduced remarkably in the following year.

In value terms, piper pepper exports skyrocketed to $X in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Marshall Islands (X kg), Portugal (X kg) and Democratic Republic of the Congo (X kg) were the main destinations of piper pepper exports from Angola, together accounting for X% of total exports. Moreover, piper pepper exports in Marshall Islands exceeded the figures recorded by the second-largest exporter, Portugal, twofold.

From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Marshall Islands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for piper pepper exports from Angola, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2015 to 2022, the average annual growth rate of value to Democratic Republic of the Congo totaled X.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Canada (X% per year).

Export Prices by Country

The average piper pepper export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Marshall Islands ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X.2%), while the prices for the other major destinations experienced mixed trend patterns.

Piper Pepper Imports

Imports into Angola

In 2022, purchases abroad of piper pepper increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, piper pepper imports expanded slightly to $X in 2022. In general, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Portugal (X tons) constituted the largest supplier of piper pepper to Angola, with a X% share of total imports. Moreover, piper pepper imports from Portugal exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Portugal stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and India (X% per year).

In value terms, Portugal ($X) constituted the largest supplier of piper pepper to Angola, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Portugal stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Spain (X% per year).

Import Prices by Country

The average piper pepper import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price showed a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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