India: Chili And Pepper Market 2024

Chili And Pepper Market Size in India

In 2022, the Indian chili and pepper market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, saw a pronounced setback. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Chili And Pepper Production in India

In value terms, chili and pepper production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of chilies and peppers (green) in India stood at X tons per ha in 2022, approximately mirroring the previous year. Overall, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average chili and 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, the chili and pepper harvested area in India totaled X ha, approximately equating the previous year. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. 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 chili and pepper production attained the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

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Chili And Pepper Exports

Exports from India

In 2022, shipments abroad of chilies and peppers (green) decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a tangible increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, chili and pepper exports soared to $X in 2022. Overall, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for chili and pepper exports from India, accounting for a X% share of total exports. Moreover, chili and pepper exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (X tons), sevenfold. Bangladesh (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Bangladesh (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for chilies and peppers (green) exports from India, comprising X% of total exports. The second position in the ranking was taken by Qatar ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Oman (X% per year).

Export Prices by Country

The average chili and pepper export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, export price indicated strong 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, chili and pepper export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Nepal ($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 Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chili And Pepper Imports

Imports into India

In 2022, approx. X tons of chilies and peppers (green) were imported into India; with an increase of X% against 2021 figures. In general, imports, however, showed a abrupt decrease. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, chili and pepper imports surged to $X in 2022. Overall, imports, however, showed a abrupt downturn. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Oman (X tons) and Bhutan (X tons) were the main suppliers of chili and pepper imports to India.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bhutan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of chilies and peppers (green) to India, comprising X% of total imports. The second position in the ranking was taken by Oman ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (X% per year) and Bhutan (X% per year).

Import Prices by Country

The average chili and pepper import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price enjoyed a measured expansion. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Bhutan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform