Eastern Europe: Pimenta Pepper Market 2024

Pimenta Pepper Market Size in Eastern Europe

In 2022, the East European pimenta pepper market increased by X% to $X, rising for the sixth year in a row after four years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Pimenta Pepper Production in Eastern Europe

In value terms, pimenta pepper production totaled $X in 2022 estimated in export price. Overall, production recorded mild growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Romania (X tons) constituted the country with the largest volume of pimenta pepper production, accounting for X% of total volume. Moreover, pimenta pepper production in Romania exceeded the figures recorded by the second-largest producer, Hungary (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Romania totaled X%. The remaining producing countries recorded the following average annual rates of production growth: Hungary (X% per year) and the Czech Republic (X% per year).

The average pimenta pepper yield was estimated at X tons per ha in 2022, standing approx. at 2021 figures. Overall, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the pimenta 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 2022, the total area harvested in terms of pimenta pepper production in Eastern Europe amounted to X ha, flattening at 2021. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the pimenta pepper harvested area remained at a lower figure.

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Pimenta Pepper Exports

Exports in Eastern Europe

In 2022, after eight years of growth, there was significant decline in shipments abroad of pimenta pepper, when their volume decreased by X% to X tons. Total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, pimenta pepper exports contracted to $X in 2022. Total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

In 2022, Hungary (X tons) and Poland (X tons) were the major exporters of pimenta pepper in Eastern Europe, together mixing up X% of total exports. It was distantly followed by Latvia (X tons), Slovakia (X tons), the Czech Republic (X tons) and Romania (X tons), together making up a X% share of total exports. Bulgaria (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest pimenta pepper supplying countries in Eastern Europe were Hungary ($X), Poland ($X) and Latvia ($X), with a combined X% share of total exports. Slovakia, the Czech Republic, Romania and Bulgaria lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Romania, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the export price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the other leaders experienced more modest paces of growth.

Pimenta Pepper Imports

Imports in Eastern Europe

In 2022, approx. X tons of pimenta pepper were imported in Eastern Europe; with an increase of X% on the previous year's figure. Total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, pimenta pepper imports expanded sharply to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

In 2022, Russia (X tons) and Poland (X tons) represented the largest importers of pimenta pepper in Eastern Europe, together comprising X% of total imports. Hungary (X tons) ranks next in terms of the total imports with a X% share, followed by the Czech Republic (X%), Bulgaria (X%), Romania (X%), Ukraine (X%) and Slovakia (X%).

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and Hungary ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Russia, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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