Global Chili And Pepper Market 2024

Chili And Pepper Market Size

The global chili and pepper market amounted to $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the global market remained at a somewhat lower figure.

Chili And Pepper Production

In value terms, chili and pepper production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, global production growth remained at a somewhat lower figure.

China (X tons) constituted the country with the largest volume of chili and pepper production, comprising approx. X% of total volume. Moreover, chili and pepper production in China exceeded the figures recorded by the second-largest producer, Mexico (X tons), fivefold. Indonesia (X tons) ranked third in terms of total production with an X% share.

From 2012 to 2022, the average annual growth rate of volume in China was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Mexico (X% per year) and Indonesia (X% per year).

The global average chili and pepper yield rose slightly to X tons per ha in 2022, increasing by X% on the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when the yield increased by X%. Over the period under review, the average chili and pepper yield hit record highs in 2022 and is expected to retain growth in years to come. 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 chilies and peppers (green) were harvested worldwide; with a decrease of X% on the previous year's figure. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The global harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Chili And Pepper Exports

Exports

In 2022, overseas shipments of chilies and peppers (green) decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, chili and pepper exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The global exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Mexico (X tons) and Spain (X tons) represented the main exporters of chilies and peppers (green) in 2022, reaching approx. X% and X% of total exports, respectively. The Netherlands (X tons) ranks next in terms of the total exports with an X% share, followed by Canada (X%). The following exporters - Morocco (X tons), Turkey (X tons), the United States (X tons) and China (X tons) - together made up X% of total exports.

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

In value terms, Spain ($X), Mexico ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of global exports. Canada, the United States, Turkey, Morocco and China lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, recorded 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 global leaders experienced more modest paces of growth.

Export Prices by Country

The average chili and pepper export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. The global export price peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

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 Canada ($X per ton), while Morocco ($X per ton) was amongst the lowest.

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

Chili And Pepper Imports

Imports

In 2022, supplies from abroad of chilies and peppers (green) decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, global imports attained the maximum at X tons in 2021, and then declined in the following year.

In value terms, chili and pepper imports contracted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Global imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

The United States represented the largest importer of chilies and peppers (green) in the world, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. Germany (X tons) took the second position in the ranking, followed by the UK (X tons), France (X tons) and Russia (X tons). All these countries together held near X% share of total imports. The following importers - Canada (X tons), the Netherlands (X tons), Spain (X tons), Thailand (X tons), Italy (X tons), Malaysia (X tons), Poland (X tons) and Austria (X tons) - together made up X% of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Thailand (X%), Spain (X%), Austria (X%), Malaysia (X%), Poland (X%), the UK (X%), Russia (X%), France (X%), Canada (X%), Italy (X%) and Germany (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.) and Spain (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Germany (X p.p.), the Netherlands (X p.p.) and the United States (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest chili and pepper importing markets worldwide were the United States ($X), Germany ($X) and the UK ($X), with a combined X% share of global imports. France, Canada, the Netherlands, Russia, Austria, Poland, Italy, Spain, Thailand and Malaysia lagged somewhat behind, together accounting for a further X%.

Thailand, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

The average chili and pepper import price stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 Germany ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform