Bangladesh: Piper Pepper Market 2022

Piper Pepper Market Size in Bangladesh

The Bangladeshi piper pepper market reduced dramatically to $X in 2021, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, posted a prominent expansion. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Piper Pepper Exports

Exports from Bangladesh

In 2021, overseas shipments of piper pepper decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2020, and then reduced sharply in the following year.

In value terms, piper pepper exports fell to $X in 2021. In general, exports, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2020, and then dropped in the following year.

Exports by Country

Lebanon (X tons), France (X tons) and Australia (X tons) were the main destinations of piper pepper exports from Bangladesh, with a combined X% share of total exports. These countries were followed by Japan, Mauritius, Sweden, Canada and Denmark, which together accounted for a further X 2012 to 2021, the biggest increases were in Mauritius (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), France ($X) and Sweden ($X) were the largest markets for piper pepper exported from Bangladesh worldwide, with a combined X% share of total exports. Japan, Lebanon, Mauritius, Canada and Denmark lagged somewhat behind, together accounting for a further X the main countries of destination, Mauritius, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average piper pepper export price stood at $X per ton in 2021, increasing by X% against the previous year. In general, export price indicated a strong expansion from 2012 to 2021: its price 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, piper pepper export price increased by +X% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Australia ($X per ton), while the average price for exports to Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Piper Pepper Imports

Imports into Bangladesh

In 2021, overseas purchases of piper pepper decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, piper pepper imports reduced dramatically to $X in 2021. Overall, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) constituted the largest piper pepper supplier to Bangladesh, accounting for a X% share of total imports. Moreover, piper pepper imports from Brazil exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and India (+X% per year).

In value terms, Brazil ($X) constituted the largest supplier of piper pepper to Bangladesh, comprising X% of total imports. The second position in the ranking was held by Indonesia ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and India (+X% per year).

Import Prices by Country

In 2021, the average piper pepper import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform