Asia-Pacific: Piper Pepper Market 2022

Piper Pepper Market Size in Asia-Pacific

In 2021, the Asia-Pacific piper pepper market was finally on the rise to reach $X after four years of decline. The total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2016 indices. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Piper Pepper Production in Asia-Pacific

In value terms, piper pepper production expanded markedly to $X in 2021 estimated in export prices. In general, production, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Vietnam (X tonnes) constituted the country with the largest volume of piper pepper production, accounting for X% of total volume. Moreover, piper pepper production in Vietnam exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), threefold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

In Vietnam, piper pepper production increased at an average annual rate of +X% over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and India (+X% per year).

In 2021, the average piper pepper yield in Asia-Pacific declined slightly to X tonnes per ha, approximately mirroring 2020 figures. The yield figure increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. The level of yield peaked at X tonnes per ha in 2018; however, from 2019 to 2021, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of piper pepper were harvested in Asia-Pacific; stabilizing at 2020 figures. Over the period under review, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X% year-to-year. The level of harvested area peaked in 2021 and is likely to continue growth in years to come.

Production By Country in Asia-Pacific

Vietnam (X tonnes) constituted the country with the largest volume of piper pepper production, comprising approx. X% of total volume. Moreover, piper pepper production in Vietnam exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), threefold. India (X tonnes) ranked third in terms of total production with a X% share.

In Vietnam, piper pepper production increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and India (+X% per year).

Piper Pepper Exports

Exports in Asia-Pacific

In 2021, shipments abroad of piper pepper decreased by -X% to X tonnes for the first time since 2018, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X% y-o-y. As a result, the exports attained the peak of X tonnes, and then shrank in the following year.

In value terms, piper pepper exports rose slightly to $X in 2021. In general, exports, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Vietnam was the major exporter of piper pepper in Asia-Pacific, with the volume of exports finishing at X tonnes, which was approx. X% of total exports in 2021. Indonesia (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by India (X%). Sri Lanka (X tonnes) and Malaysia (X tonnes) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the piper pepper exports, with a CAGR of +X% from 2012 to 2021. Sri Lanka (-X%), India (-X%), Indonesia (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Sri Lanka (-X p.p.), Malaysia (-X p.p.), India (-X p.p.) and Indonesia (-X p.p.) displayed negative dynamics.

In value terms, Vietnam ($X) remains the largest piper pepper supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Vietnam totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (-X% per year) and India (-X% per year).

Export Prices by Country

The piper pepper export price in Asia-Pacific stood at $X per tonne in 2021, growing by X% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($X per tonne), while Vietnam ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-X%), while the other leaders experienced a decline in the export price figures.

Piper Pepper Imports

Imports in Asia-Pacific

After two years of growth, supplies from abroad of piper pepper decreased by -X% to X tonnes in 2021. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2020, and then reduced modestly in the following year.

In value terms, piper pepper imports rose notably to $X in 2021. Over the period under review, imports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tonnes), distantly followed by Vietnam (X tonnes), Pakistan (X tonnes), China (X tonnes), Japan (X tonnes), South Korea (X tonnes) and Thailand (X tonnes) were the major importers of piper pepper, together comprising X% of total imports. The following importers - the Philippines (X tonnes), Australia (X tonnes), Taiwan (Chinese) (X tonnes), Myanmar (X tonnes), Singapore (X tonnes) and Malaysia (X tonnes) - together made up X% of total imports.

From 2012 to 2021, the biggest increases were in Myanmar (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest piper pepper importing markets in Asia-Pacific were India ($X), Vietnam ($X) and China ($X), together comprising X% of total imports. These countries were followed by Japan, Pakistan, Thailand, Australia, the Philippines, South Korea, Taiwan (Chinese), Malaysia, Singapore and Myanmar, which together accounted for a further X the main importing countries, Myanmar, 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 piper pepper import price in Asia-Pacific stood at $X per tonne in 2021, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. Over the period under review, import prices attained the maximum at $X per tonne in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform