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

EU: Pepper Market Overview 2019

Pepper Market Size in the EU

The revenue of the pepper market in the European Union amounted to $X in 2017, falling by -X% against the previous year. In general, pepper consumption continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2011, with an increase of X% year-to-year. Over the period under review, the pepper market reached its maximum level at $X in 2015; however, from 2016 to 2017, consumption remained at a lower figure.

Pepper Production in the EU

In value terms, pepper production stood at $X in 2017 estimated in export prices. The total output indicated a strong increase from 2007 to 2017: 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 2017 figures, the pepper production increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011, when the the output figure increased by X% y-o-y. Over the period under review, pepper production attained its maximum level at $X in 2016, and then declined slightly in the following year.

The country with the largest volume of pepper production was Bulgaria (X tonnes), comprising approx. X% of total production.

In Bulgaria, pepper production increased at an average annual rate of +X% over the period from 2007-2017.

In 2017, average yield of pepper in the European Union amounted to X tonne per ha, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016, when the yield increased by X% y-o-y. The level of pepper yield peaked in 2017, and is likely to see steady growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, the total area harvested in terms of pepper production in the European Union amounted to X ha, dropping by -X% against the previous year. Overall, pepper harvested area continues to indicate a measured contraction. The most prominent rate of growth was recorded in 2015, when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to pepper production reached its peak figure at X ha in 2007; however, from 2008 to 2017, harvested area failed to regain its momentum.

Pepper Exports

Exports in the EU

In 2017, the amount of pepper exported in the European Union amounted to X tonnes, stabilizing at the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011, when the exports increased by X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, pepper exports stood at $X in 2017. Overall, pepper exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011, when the exports increased by X% against the previous year. The level of exports peaked at $X in 2016, and then declined slightly in the following year.

Exports by Country

Germany was the key exporting country with an export of around X tonnes, which reached X% of total exports. The Netherlands (X tonnes) ranks second in terms of the total exports with a X% share, followed by France (X%), Spain (X%) and Italy (X%). The following exporters - Austria (X tonnes), Poland (X tonnes), the UK (X tonnes), Bulgaria (X tonnes) and Belgium (X tonnes) together made up X% 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, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Austria, Spain, Poland, Italy, the UK, Belgium and Bulgaria, which together accounted for a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the pepper export price in the European Union amounted to $X per kg, lowering by -X% against the previous year. The export price indicated a strong expansion 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 being recorded throughout the analyzed period. Based on 2017 figures, the pepper export price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2011, when the export price increased by X% against the previous year. Over the period under review, the export prices for pepper attained their maximum at $X per tonne in 2015; however, from 2016 to 2017, export prices stood at a somewhat lower figure.

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 ($X per tonne), while Bulgaria ($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, 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; growing by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2010, when the imports increased by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, pepper imports amounted to $X in 2017. In general, pepper imports continue to indicate a prominent increase. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. The level of imports peaked at $X in 2015; however, from 2016 to 2017, imports stood at a somewhat lower figure.

Imports by Country

Germany represented the major importer of pepper in the European Union, with the volume of imports resulting at X tonnes, which was approx. X% of total imports in 2017. The UK (X tonnes) ranks second in terms of the total imports with a X% share, followed by France (X%), the Netherlands (X%), Spain (X%) and Poland (X%). Italy (X tonnes), Austria (X tonnes), Belgium (X tonnes), Romania (X tonnes) and Sweden (X tonnes) took a little share of total imports.

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%) and Austria (+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 and Sweden experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%) and Belgium (-X%) illustrated a downward trend over the same period. While the share of the Netherlands (X%) and Belgium (X%) increased significantly in terms of the global imports from 2007-2017, the share of France (-X%), Spain (-X%) and the UK (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in Germany amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: 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 kg in 2017, declining by -X% against the previous year. Overall, the pepper import price, however, continues to indicate a prominent growth. The pace of growth was the most pronounced in 2011, when the import price increased by X% year-to-year. Over the period under review, the import prices for pepper attained their peak figure at $X per tonne in 2015; however, from 2016 to 2017, import prices failed to regain their 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 Sweden, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform