Europe: Chili And Pepper Market 2024

Chili And Pepper Market Size in Europe

The Europe chili and pepper market rose significantly to $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2023 and is expected to retain growth in years to come.

Chili And Pepper Production in Europe

In value terms, chili and pepper production expanded to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Spain (X tons) remains the largest chili and pepper producing country in Europe, accounting for X% of total volume. Moreover, chili and pepper production in Spain exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), threefold. Poland (X tons) ranked third in terms of total production with a X% share.

In Spain, chili and pepper production increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Poland (X% per year).

The average chili and pepper yield fell to X tons per ha in 2023, with a decrease of X% compared with the year before. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2022 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of chilies and peppers (green) were harvested in Europe; with an increase of X% on 2022 figures. Over the period under review, the harvested area, however, continues to indicate a slight contraction. The level of harvested area peaked at X ha in 2016; however, from 2017 to 2023, the harvested area stood at a somewhat lower figure.

Chili And Pepper Exports

Exports in Europe

In 2023, overseas shipments of chilies and peppers (green) decreased by X% to X tons, falling for the third consecutive year after four years of growth. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, chili and pepper exports skyrocketed to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain was the key exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by the Netherlands (X tons), comprising a X% share of total exports. France (X tons), Belgium (X tons), Austria (X tons), Poland (X tons), North Macedonia (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Belgium, Austria, Poland, Hungary and North Macedonia lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2023, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while North Macedonia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by North Macedonia (X%), while the other leaders experienced more modest paces of growth.

Chili And Pepper Imports

Imports in Europe

In 2023, supplies from abroad of chilies and peppers (green) was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, chili and pepper imports skyrocketed to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Germany (X tons), distantly followed by the UK (X tons), France (X tons), Russia (X tons), the Netherlands (X tons) and Spain (X tons) represented the key importers of chilies and peppers (green), together mixing up X% of total imports. Italy (X tons), Poland (X tons), Austria (X tons), Belgium (X tons), Romania (X tons), the Czech Republic (X tons) and Switzerland (X tons) took a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chili and pepper importing markets in Europe were Germany ($X), the UK ($X) and France ($X), with a combined X% share of total imports. The Netherlands, Poland, Austria, Italy, Russia, Belgium, Spain, Switzerland, Romania and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 2023, the import price in Europe amounted to $X per ton, jumping by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform