Ghana: Pimenta Pepper Market 2024

Pimenta Pepper Market Size in Ghana

The Ghanian pimenta pepper market dropped to $X in 2022, falling by X% against the previous year. Overall, consumption saw a perceptible setback. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Pimenta Pepper Production in Ghana

In value terms, pimenta pepper production contracted rapidly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

The average yield of pimenta pepper in Ghana was estimated at X tons per ha in 2022, remaining stable against 2021 figures. Overall, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average 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, approx. X ha of pimenta pepper were harvested in Ghana; almost unchanged from the previous year. Over the period under review, the harvested area, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to pimenta pepper production reached the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area remained at a lower figure.

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Pimenta Pepper Exports

Exports from Ghana

Pimenta pepper exports from Ghana surged to X tons in 2022, jumping by X% on 2021 figures. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, pimenta pepper exports surged to $X in 2022. In general, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for pimenta pepper exports from Ghana, with a X% share of total exports. It was followed by Canada (X tons), with a X% share of total exports. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Cote d'Ivoire totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Spain (X% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for pimenta pepper exports from Ghana, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cote d'Ivoire stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the United States (X% per year).

Export Prices by Country

The average pimenta pepper export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports

Imports into Ghana

For the fourth year in a row, Ghana recorded growth in purchases abroad of pimenta pepper, which increased by X% to X tons in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, pimenta pepper imports expanded to $X in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, India (X tons) was the main supplier of pimenta pepper to Ghana, with a X% share of total imports. It was followed by Madagascar (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%.

In value terms, India ($X) constituted the largest supplier of pimenta pepper to Ghana, comprising X% of total imports. The second position in the ranking was held by Madagascar ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India totaled X%.

Import Prices by Country

The average pimenta pepper import price stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Madagascar ($X per ton), while the price for India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

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