China: Piper Pepper Market 2023

Piper Pepper Market Size in China

The Chinese piper pepper market contracted sharply to $X in 2021, with a decrease of -18.1% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Piper Pepper Production in China

In value terms, piper pepper production fell to $X in 2021 estimated in export price. Over the period under review, production showed a pronounced descent. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

The average yield of piper pepper in China reached X tons per ha in 2021, remaining relatively unchanged against the year before. In general, the yield, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 4.9% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2021, the growth of the average piper pepper yield remained 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 China; flattening at the previous year's figure. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the harvested area increased by 4.2%. Over the period under review, the harvested area dedicated to piper pepper production reached the peak figure at X ha in 2017; however, from 2018 to 2021, the harvested area failed to regain momentum.

Piper Pepper Exports

Exports from China

In 2021, approx. X tons of piper pepper were exported from China; rising by 15% on the previous year. Over the period under review, exports saw a noticeable expansion. The pace of growth was the most pronounced in 2018 with an increase of 89% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, piper pepper exports soared to $X in 2021. In general, exports, however, saw a slight slump. The growth pace was the most rapid in 2015 when exports increased by 65%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Romania (X tons), Vietnam (X tons) and the United States (X tons) were the main destinations of piper pepper exports from China, together comprising 49% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +317.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Vietnam ($X) and Romania ($X) constituted the largest markets for piper pepper exported from China worldwide, with a combined 45% share of total exports.

Romania, with a CAGR of +336.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average piper pepper export price amounted to $X per ton, rising by 3.1% against the previous year. Overall, the export price, however, saw a pronounced decrease. The growth pace was the most rapid in 2017 an increase of 30%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($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 Australia (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Piper Pepper Imports

Imports into China

In 2021, supplies from abroad of piper pepper decreased by -38% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 140% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then dropped notably in the following year.

In value terms, piper pepper imports reduced sharply to $X in 2021. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 126%. Imports peaked at $X in 2020, and then dropped rapidly in the following year.

Imports by Country

Indonesia (X tons), Vietnam (X tons) and Brazil (X tons) were the main suppliers of piper pepper imports to China, with a combined 90% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +49.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest piper pepper suppliers to China were Indonesia ($X), Vietnam ($X) and Malaysia ($X), together comprising 88% of total imports. Brazil and India lagged somewhat behind, together comprising a further 7.8%.

Among the main suppliers, Brazil, with a CAGR of +42.5%, recorded the highest growth rate of 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 average piper pepper import price stood at $X per ton in 2021, growing by 34% against the previous year. In general, the import price, however, saw a abrupt downturn. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were India ($X per ton) and Vietnam ($X per ton), while the price for Brazil ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-4.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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