India: Pimenta Pepper Market 2024

Pimenta Pepper Market Size in India

For the third consecutive year, the Indian pimenta pepper market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, the total consumption indicated a resilient increase from 2012 to 2022: 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 2022 figures, consumption increased by X% against 2019 indices. Pimenta pepper consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Pimenta Pepper Production in India

In value terms, pimenta pepper production rose modestly to $X in 2022 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2022: 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 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of pimenta pepper in India dropped to X tons per ha, declining by X% on 2021. In general, the yield indicated prominent growth from 2012 to 2022: its figure 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 2022 figures, pimenta pepper yield increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. The pimenta pepper yield peaked at X tons per ha in 2021, 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 2022, approx. X ha of pimenta pepper were harvested in India; growing by X% compared with the previous year's figure. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the harvested area dedicated to pimenta pepper production reached the maximum at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Pimenta Pepper Exports

Exports from India

In 2022, after three years of growth, there was significant decline in overseas shipments of pimenta pepper, when their volume decreased by X% to X tons. Over the period under review, exports, however, recorded a mild increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell rapidly in the following year.

In value terms, pimenta pepper exports declined to $X in 2022. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

China (X tons) was the main destination for pimenta pepper exports from India, accounting for a X% share of total exports. Moreover, pimenta pepper exports to China exceeded the volume sent to the second major destination, Thailand (X tons), twofold. The third position in this ranking was taken by Sri Lanka (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Sri Lanka (X% per year).

In value terms, China ($X) remains the key foreign market for pimenta pepper exports from India, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Indonesia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

Export Prices by Country

The average pimenta pepper export price stood at $X per ton in 2022, rising by X% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: 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 2022 figures, pimenta pepper export price increased by X% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Malaysia ($X per ton), while the average price for exports to Nepal ($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 Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports

Imports into India

In 2022, the amount of pimenta pepper imported into India reduced to X tons, dropping by X% compared with the year before. Overall, imports, however, posted temperate growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2021, and then dropped in the following year.

In value terms, pimenta pepper imports shrank dramatically to $X in 2022. In general, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped markedly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of pimenta pepper to India, with a X% share of total imports. Moreover, pimenta pepper imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. Tanzania (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Tanzania (X% per year).

In value terms, China ($X) constituted the largest supplier of pimenta pepper to India, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the average pimenta pepper import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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