Asia-Pacific - Pepper - Market Analysis, Forecast, Size, Trends and Insights

Asia-Pacific: Pepper Market Overview 2020

Pepper Market Size in Asia-Pacific

The revenue of the pepper market in Asia-Pacific amounted to $X in 2018, reducing by -X% against the previous year. Over the period under review, pepper consumption continues to indicate a prominent increase. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. The level of pepper consumption peaked at $X in 2017, and then declined slightly in the following year.

Pepper Production in Asia-Pacific

In value terms, pepper production stood at $X in 2018 estimated in export prices. Over the period under review, pepper production continues to indicate a strong increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. The level of pepper production peaked at $X in 2016; however, from 2017 to 2018, production stood at a somewhat lower figure.

The country with the largest volume of pepper production was Viet Nam (X tonnes), comprising approx. X% of total volume. Moreover, pepper production in Viet Nam 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 Viet Nam, pepper production increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and India (+X% per year).

The average pepper yield totaled X tonne per ha in 2018, rising by X% against the previous year. The yield indicated a buoyant increase from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pepper yield increased by +X% against 2008 indices. The growth pace was the most rapid in 2013 when yield increased by X% y-o-y. The level of pepper yield peaked in 2018 and is likely to continue its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of pepper production in Asia-Pacific totaled X ha, remaining relatively unchanged against the previous year. Overall, the pepper harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to pepper production reached its maximum at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Production By Country in Asia-Pacific

Viet Nam (X tonnes) constituted the country with the largest volume of pepper production, comprising approx. X% of total volume. Moreover, pepper production in Viet Nam 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 Viet Nam, pepper production expanded at an average annual rate of +X% over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and India (+X% per year).

Pepper Exports

Exports in Asia-Pacific

In 2018, the amount of pepper exported in Asia-Pacific amounted to X tonnes, jumping by X% against the previous year. The total export volume increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, pepper exports reached their maximum at X tonnes in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, pepper exports amounted to $X in 2018. Overall, pepper exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The level of exports peaked at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

Exports by Country

Viet Nam represented the main exporter of pepper exported in Asia-Pacific, with the volume of exports accounting for X tonnes, which was approx. X% of total exports in 2018. Indonesia (X tonnes) ranks second in terms of the total exports with a X% share, followed by India (X%), Sri Lanka (X%) and Malaysia (X%). The following exporters - Singapore (X tonnes) and China (X tonnes) - each reached a X% share of total exports.

Viet Nam was also the fastest-growing in terms of the pepper exports, with a CAGR of +X% from 2007 to 2018. At the same time, Sri Lanka (+X%) displayed positive paces of growth. China experienced a relatively flat trend pattern. By contrast, Indonesia (-X%), Malaysia (-X%), India (-X%) and Singapore (-X%) illustrated a downward trend over the same period. Viet Nam (+X p.p.) and Sri Lanka (+X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia, Singapore and India saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual growth rate of value in Viet Nam totaled +X%. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and India (-X% per year).

Export Prices by Country

The pepper export price in Asia-Pacific stood at $X per tonne in 2018, dropping by -X% against the previous year. Over the period under review, the pepper export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2011 when the export price increased by X% year-to-year. The level of export price peaked at $X per tonne in 2015; however, from 2016 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Sri Lanka ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Pepper Imports

Imports in Asia-Pacific

In 2018, the amount of pepper imported in Asia-Pacific stood at X tonnes, increasing by X% against the previous year. The total imports indicated a strong expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pepper imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, pepper imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, pepper imports amounted to $X in 2018. Overall, pepper imports continue to indicate a prominent increase. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. The level of imports peaked at $X in 2015; however, from 2016 to 2018, imports remained at a lower figure.

Imports by Country

India (X tonnes) and Viet Nam (X tonnes) represented roughly X% of total imports of pepper in 2018. Japan (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Pakistan (X%) and South Korea (X%). The following importers - the Philippines (X tonnes), Singapore (X tonnes), Thailand (X tonnes), Australia (X tonnes), China (X tonnes), Taiwan, Chinese (X tonnes) and Nepal (X tonnes) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Thailand, while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Viet Nam ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by South Korea, Pakistan, China, Thailand, Australia, Singapore, the Philippines, Taiwan, Chinese and Nepal, which together accounted for a further X recorded the highest rates of growth with regard to market size, in terms of the main importing countries over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the pepper import price in Asia-Pacific amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the pepper import price, however, continues to indicate mild growth. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. The level of import price peaked at $X per tonne in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform