China - Pepper - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

China: Pepper Market Overview 2020

Pepper Market Size in China

The revenue of the pepper market in China amounted to $X in 2018, surging by X% against the previous year. Over the period under review, pepper consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Over the period under review, the pepper market attained its maximum level at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.

Pepper Production in China

In value terms, pepper production stood at $X in 2018 estimated in export prices. Overall, the total output indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pepper production decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2010 when production volume increased by X% year-to-year. Pepper production peaked at $X in 2016; however, from 2017 to 2018, production remained at a lower figure.

Average yield of pepper in China stood at X tonne per ha in 2018, picking up by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2008 when yield increased by X% year-to-year. Over the period under review, the average pepper yield reached its peak figure level 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, approx. X ha of pepper were harvested in China; remaining relatively unchanged against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to pepper production attained its peak figure in 2018 and is expected to retain its growth in the near future.

Pepper Exports

Exports from China

In 2018, approx. X tonnes of pepper were exported from China; flattening at the previous year. Overall, pepper exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. In that year, pepper exports reached their peak of X tonnes. From 2009 to 2018, the growth of pepper exports failed to regain its momentum.

In value terms, pepper exports stood at $X in 2018. Overall, pepper exports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. In that year, pepper exports reached their peak of $X. From 2012 to 2018, the growth of pepper exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes), Senegal (X tonnes) and Germany (X tonnes) were the main destinations of pepper exports from China, together comprising X% of total exports. The UK, China, Hong Kong SAR, South Africa, Australia, the Netherlands, France, Saudi Arabia, Russia and Yemen lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Australia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the key foreign market for pepper exports from China, comprising X% of total pepper exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the Netherlands (-X% per year).

Export Prices by Country

The average pepper export price stood at $X per tonne in 2018, going up by X% against the previous year. Over the period under review, the export price indicated pronounced growth from 2007 to 2018: its price 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 export price decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2010 an increase of X% y-o-y. Over the period under review, the average export prices for pepper reached their peak figure at $X per tonne in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Senegal ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Pepper Imports

Imports into China

In 2018, the amount of pepper imported into China amounted to X tonnes, increasing by X% against the previous year. In general, the total imports indicated a buoyant increase 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 decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. In that year, pepper imports reached their peak of X tonnes. From 2015 to 2018, the growth of pepper imports failed to regain its momentum.

In value terms, pepper imports stood at $X in 2018. Over the period under review, pepper imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. In that year, pepper imports attained their peak of $X. From 2015 to 2018, the growth of pepper imports remained at a lower figure.

Imports by Country

In 2018, Malaysia (X tonnes) constituted the largest pepper supplier to China, with a X% share of total imports. Moreover, pepper imports from Malaysia exceeded the figures recorded by the second-largest supplier, Indonesia (X tonnes), twofold. Brazil (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Malaysia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-X% per year) and Brazil (+X% per year).

In value terms, Malaysia ($X), Indonesia ($X) and India ($X) constituted the largest pepper suppliers to China, with a combined X% share of total imports. Viet Nam, Brazil, Germany, China, Hong Kong SAR, Italy and Mexico lagged somewhat behind, together comprising a further X the main suppliers, Italy (+X% per year) recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pepper import price stood at $X per tonne in 2018, surging by X% against the previous year. Overall, the pepper import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% y-o-y. The 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 origin; the country with the highest price was India ($X per tonne), while the price for Italy ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform