Italy: Pimenta Pepper Market 2024

Pimenta Pepper Market Size in Italy

In 2022, the Italian pimenta pepper market increased by X% to $X, rising for the third year in a row after two years of decline. In general, the total consumption indicated a buoyant expansion 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 in 2022 and is expected to retain growth in the immediate term.

Pimenta Pepper Production in Italy

In value terms, pimenta pepper production stood at $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with a decrease of X% against the previous year. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in years to come.

The average yield of pimenta pepper in Italy was estimated at less than X kg per ha in 2022, approximately equating 2021. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of pimenta pepper production in Italy totaled less than X ha, leveling off at 2021. Over the period under review, the harvested area showed a relatively flat trend pattern.

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Pimenta Pepper Exports

Exports from Italy

In 2022, exports of pimenta pepper from Italy rose markedly to X tons, with an increase of X% against 2021 figures. In general, exports showed a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, pimenta pepper exports rose markedly to $X in 2022. Overall, exports recorded a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Switzerland (X tons) and the UK (X tons) were the main destinations of pimenta pepper exports from Italy, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and the United States ($X) appeared to be the largest markets for pimenta pepper exported from Italy worldwide, with a combined X% share of total exports. Poland, Switzerland, France, India, Spain, the Netherlands, Greece, Romania, the Czech Republic and Belgium lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average pimenta pepper export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

Pimenta Pepper Imports

Imports into Italy

In 2022, overseas purchases of pimenta pepper increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, total imports indicated a temperate increase from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pimenta pepper imports skyrocketed to $X in 2022. Overall, total imports indicated a strong 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), India (X tons) and Spain (X tons) were the main suppliers of pimenta pepper imports to Italy, with a combined X% share of total imports. Germany, the Netherlands, Mexico, France and Uganda lagged somewhat behind, together accounting for a further X%.

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

In value terms, Spain ($X), India ($X) and China ($X) constituted the largest pimenta pepper suppliers to Italy, together accounting for X% of total imports. Germany, France, the Netherlands, Uganda and Mexico lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Mexico, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pimenta pepper import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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