Asia: Piper Pepper Market 2022

Piper Pepper Market Size in Asia

After four years of decline, the Asian piper pepper market increased by X% to $X in 2021. The total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. 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. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Piper Pepper Production in Asia

In value terms, piper pepper production expanded modestly to $X in 2021 estimated in export prices. In general, production, however, showed a mild decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Vietnam (X tonnes) remains the largest piper pepper producing country in Asia, 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.

From 2012 to 2021, the average annual rate of growth in terms of volume in Vietnam amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and India (+X% per year).

The average piper pepper yield shrank to X tonnes per ha in 2021, with a decrease of -X% against the previous year's figure. The yield figure 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the piper pepper yield reached the maximum level at X tonnes per ha in 2018; afterwards, it flattened through to 2021. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the total area harvested in terms of piper pepper production in Asia reached X ha, remaining stable against the year before. Overall, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to piper pepper production reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Production By Country in Asia

Vietnam (X tonnes) remains the largest piper pepper producing country in Asia, 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. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume in Vietnam stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and India (+X% per year).

Piper Pepper Exports

Exports in Asia

In 2021, after two years of growth, there was significant decline in shipments abroad of piper pepper, when their volume decreased by -X% to X tonnes. 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 when exports increased by X% year-to-year. As a result, the exports reached the peak of X tonnes, and then dropped in the following year.

In value terms, piper pepper exports shrank modestly to $X in 2021. Overall, exports, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Vietnam was the key exporting country with an export of about X tonnes, which recorded X% of total exports. Indonesia (X tonnes) ranks second in terms of the total exports with a X% share, 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. percentage points. Sri Lanka (-X p.p.), Malaysia (-X p.p.), India (-X p.p.) and Indonesia (-X p.p.) saw their shares reduced.

In value terms, Vietnam ($X) remains the largest piper pepper supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Indonesia ($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 amounted to -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 stood at $X per tonne in 2021, rising by X% against the previous year. In general, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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

After two years of growth, overseas purchases of piper pepper decreased by -X% to X tonnes in 2021. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, imports hit record highs 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 pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tonnes), followed by Vietnam (X tonnes), Pakistan (X tonnes), the United Arab Emirates (X tonnes), China (X tonnes), Saudi Arabia (X tonnes), Japan (X tonnes) and Turkey (X tonnes) were the main importers of piper pepper, together achieving X% of total imports. South Korea (X tonnes), Thailand (X tonnes), the Philippines (X tonnes), Taiwan (Chinese) (X tonnes) and Myanmar (X tonnes) held a little share 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, India ($X), Vietnam ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined X% share of total imports. These countries were followed by Japan, Pakistan, the United Arab Emirates, Thailand, the Philippines, South Korea, Turkey, Saudi Arabia, Taiwan (Chinese) and Myanmar, which together accounted for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 stood at $X per tonne in 2021, with an increase of X% against the previous year. Overall, the import price, however, recorded a drastic downturn. The growth pace was the most rapid in 2014 when the import price increased by X% year-to-year. Over the period under review, import prices hit record highs 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 ($X per tonne), while Saudi Arabia ($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