Asia: Pimenta Pepper Market 2024

Pimenta Pepper Market Size in Asia

In 2022, after two years of growth, there was decline in the Asian pimenta pepper market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Pimenta Pepper Production in Asia

In value terms, pimenta pepper production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The country with the largest volume of pimenta pepper production was India (X tons), accounting for X% of total volume. Moreover, pimenta pepper production in India exceeded the figures recorded by the second-largest producer, Thailand (X tons), sixfold. The third position in this ranking was held by Bangladesh (X tons), with a X% share.

In India, pimenta pepper production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Thailand (X% per year) and Bangladesh (X% per year).

The average pimenta pepper yield shrank to X tons per ha in 2022, dropping by X% compared with the previous year. The yield indicated perceptible growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pimenta pepper yield increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of pimenta pepper production in Asia rose modestly to X ha, surging by X% against the year before. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to pimenta pepper production reached the peak figure at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

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Pimenta Pepper Exports

Exports in Asia

After three years of growth, shipments abroad of pimenta pepper decreased by X% to X tons in 2022. In general, exports, however, showed perceptible growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell remarkably in the following year.

In value terms, pimenta pepper exports declined slightly to $X in 2022. Overall, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then fell slightly in the following year.

Exports by Country

India represented the largest exporter of pimenta pepper in Asia, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by China (X tons), achieving a X% share of total exports. The following exporters - Myanmar (X tons) and Uzbekistan (X tons) - each reached a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Myanmar ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Myanmar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Pimenta Pepper Imports

Imports in Asia

In 2022, overseas purchases of pimenta pepper decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank notably in the following year.

In value terms, pimenta pepper imports dropped to $X in 2022. In general, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X tons), distantly followed by Thailand (X tons), Malaysia (X tons), Indonesia (X tons), Sri Lanka (X tons) and Bangladesh (X tons) were the major importers of pimenta pepper, together comprising X% of total imports. Japan (X tons), the United Arab Emirates (X tons), Pakistan (X tons) and Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, rising by X% against the previous year. Import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pimenta pepper import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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