EU - Pepper - Market Analysis, Forecast, Size, Trends and Insights

EU: Pepper Market Overview 2019

Pepper Exports

Exports in the EU

In 2017, the amount of pepper exported in the European Union totaled X tonnes, approximately equating the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, when exports increased by X% y-o-y. Over the period under review, the pepper exports reached its maximum volume of X tonnes in 2016, leveling off in the following year.

In value terms, pepper exports amounted to $X in 2017. The pepper exports continue to indicate a strong growth. The level of exports peaked of $X in 2016, and then declined slightly in the following year.

Exports by Country

Germany represented the largest exporter of pepper in the European Union, with the volume of exports accounting for X tonnes, which was near X% of total exports in 2017. The Netherlands (X tonnes) took the second position in the ranking, followed by France (X tonnes), Spain (X tonnes) and Italy (X tonnes). All these countries together took approx. X% share of total exports. Austria (X tonnes), Poland (X tonnes), the UK (X tonnes), Bulgaria (X tonnes) and Belgium (X tonnes) occupied the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Bulgaria (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest pepper markets worldwide were Germany ($X), the Netherlands ($X) and France ($X), with a combined X% share of total exports. Austria, Spain, Poland, Italy, the UK, Belgium and Bulgaria lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Bulgaria (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The pepper export price in the European Union stood at $X per tonne in 2017, shrinking by -X% against the previous year. The export price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. The level of export price peaked of $X per tonne in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Austria ($X per kg), while Bulgaria ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belgium (+X% per year), while the other leaders experienced more modest paces of growth.

Pepper Imports

Imports in the EU

In 2017, approx. X tonnes of pepper were imported in the European Union; picking up by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the pepper imports attained its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, pepper imports stood at $X in 2017. The pepper imports continue to indicate a strong expansion. Over the period under review, the pepper imports reached its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Imports by Country

Germany represented the main importing country with an import of about X tonnes, which resulted at X% of total imports. It was distantly followed by the UK (X tonnes), France (X tonnes), the Netherlands (X tonnes), Spain (X tonnes) and Poland (X tonnes), together generating X% share of total imports. Italy (X tonnes), Austria (X tonnes), Belgium (X tonnes), Sweden (X tonnes) and Romania (X tonnes) followed a long way behind the leaders.

Germany experienced a relatively flat trend pattern of pepper imports. At the same time, the UK (+X%), Romania (+X%), Italy (+X%), Spain (+X%), France (+X%), Austria (+X%) and Sweden (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. Poland experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%) and Belgium (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the Netherlands and Belgium increased by X% and X% percentage points, while France (-X%), Spain (-X%) and the UK (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported pepper in the European Union, making up X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by France, with a X% share.

In Germany, pepper imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the UK (+X% per year) and France (+X% per year).

Import Prices by Country

The pepper import price in the European Union stood at $X per tonne in 2017, falling by -X% against the previous year. The pepper import price continues to indicate a strong growth. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. Over the period under review, the import prices for pepper attained its peak figure level of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sweden ($X per tonne), while Spain ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform