Feb 26, 2019

Latin America and the Caribbean - Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Pepper Market Overview 2019

Pepper Market Size in Latin America and the Caribbean

The revenue of the pepper market in Latin America and the Caribbean amounted to $X in 2017, lowering by -X% against the previous year. Over the period under review, pepper consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when the market value increased by X% against the previous year. Over the period under review, the pepper market reached its peak figure level at $X in 2016, and then declined slightly in the following year.

Pepper Production in Latin America and the Caribbean

In value terms, pepper production amounted to $X in 2017 estimated in export prices. Overall, pepper production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The level of pepper production peaked at $X in 2015; however, from 2016 to 2017, production remained at a lower figure.

The country with the largest volume of pepper production was Brazil (X tonnes), accounting for X% of total production. Moreover, pepper production in Brazil exceeded the figures recorded by the world's second largest producer, Mexico (X tonnes), tenfold. The third position in this ranking was occupied by Costa Rica (X tonnes), with a X% share.

From 2007 to 2017, the average annual growth rate of volume in Brazil was relatively modest. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Costa Rica (+X% per year).

In 2017, average yield of pepper in Latin America and the Caribbean totaled X tonne per ha, jumping by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. In that year, the pepper yield reached its peak level, and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, pepper harvested area in Latin America and the Caribbean totaled X ha, going up by X% against the previous year. Over the period under review, pepper harvested area, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to pepper production attained its maximum at X ha in 2007; however, from 2008 to 2017, harvested area remained at a lower figure.

Pepper Exports

Exports in Latin America and the Caribbean

The exports totaled X tonnes in 2017, growing by X% against the previous year. The total exports indicated a remarkable expansion from 2007 to 2017: 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 2017 figures, the pepper exports increased by +X% against 2012 indices. The growth pace was the most rapid in 2017, with an increase of X% year-to-year. In that year, pepper exports reached their peak , and are likely to continue its growth in the immediate term.

In value terms, pepper exports stood at $X in 2017. Over the period under review, pepper exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011, when the exports increased by X% y-o-y. The level of exports peaked at $X in 2015; however, from 2016 to 2017, exports remained at a lower figure.

Exports by Country

Brazil prevails in pepper exports structure, amounting to X tonnes, which was near X% of total exports in 2017. Mexico (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Ecuador (X%). Guatemala (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to pepper exports from Brazil stood at +X%. At the same time, Guatemala (+X%), Ecuador (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Mexico, Ecuador and Brazil decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest pepper supplier in Latin America and the Caribbean, comprising X% of total pepper exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Ecuador, with a X% share.

In Brazil, pepper exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Ecuador (+X% per year).

Export Prices by Country

In 2017, the pepper export price in Latin America and the Caribbean amounted to $X per kg, going down by -X% against the previous year. Overall, the pepper export price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. Over the period under review, the export prices for pepper reached their maximum at $X per tonne in 2015; however, from 2016 to 2017, export prices stood at a somewhat lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Brazil ($X per tonne), while Guatemala ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Ecuador, while the other leaders experienced mixed trends in the export price figures.

Pepper Imports

Imports in Latin America and the Caribbean

In 2017, approx. X tonnes of pepper were imported in Latin America and the Caribbean; surging by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. Over the period under review, pepper imports reached their peak figure in 2017, and are likely to continue its growth in the near future.

In value terms, pepper imports amounted to $X in 2017. Overall, pepper imports continue to indicate a strong growth. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. Over the period under review, pepper imports reached their peak figure at $X in 2016, and then declined slightly in the following year.

Imports by Country

In 2017, Mexico (X tonnes) represented the major importer for pepper, constituting X% of total imports. Argentina (X tonnes) ranks second in terms of the total imports with a X% share, followed by Peru (X%). Jamaica (X tonnes), Brazil (X tonnes), the Dominican Republic (X tonnes), Colombia (X tonnes), Chile (X tonnes), Panama (X tonnes), Trinidad and Tobago (X tonnes) and Costa Rica (X tonnes) followed a long way behind the leaders.

Mexico was also the fastest growing in terms of the pepper imports, with a CAGR of +X% from 2007 to 2017. At the same time, Peru (+X%), Panama (+X%) and Argentina (+X%) displayed positive paces of growth. Jamaica experienced a relatively flat trend pattern. By contrast, Colombia (-X%), Brazil (-X%), Chile (-X%), Costa Rica (-X%), Trinidad and Tobago (-X%) and the Dominican Republic (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the Dominican Republic increased by X% percentage points, while Argentina (-X%), Peru (-X%) and Mexico (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported pepper in Latin America and the Caribbean, comprising X% of total pepper imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

In Mexico, pepper imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Argentina (+X% per year) and Peru (+X% per year).

Import Prices by Country

The pepper import price in Latin America and the Caribbean stood at $X per kg in 2017, going down by -X% against the previous year. Over the period under review, the pepper import price, however, continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2011, when the import price increased by X% year-to-year. Over the period under review, the import prices for pepper attained their maximum at $X per tonne in 2015; however, from 2016 to 2017, import prices failed to regain their momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the Dominican Republic ($X per tonne), while Jamaica ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Dominican Republic, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 687 - Pepper

This report provides an in-depth analysis of the pepper market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Cuba
• Curacao
• Dominica
• Dominican Republic
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Haiti
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Harvested Area, By Country, 2007–2018
Table 7:
Yield, By Country, 2007–2018
Table 8:
Imports, In Physical Terms, By Country, 2007–2018
Table 9:
Imports, In Value Terms, By Country, 2007–2018
Table 10:
Import Prices, By Country Of Destination, 2007–2018
Table 11:
Exports, In Physical Terms, By Country, 2007–2018
Table 12:
Exports, In Value Terms, By Country, 2007–2018
Table 13:
Export Prices, By Country Of Origin, 2007–2018
Table 14:
Producer Prices, By Major Producing Country, 2018
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2018
Figure 18:
Production, In Value Terms, 2007–2018
Figure 19:
Area Harvested, 2007–2018
Figure 20:
Yield, 2007–2018
Figure 21:
Production, By Country, 2018
Figure 22:
Production, In Physical Terms, By Country, 2007–2018
Figure 23:
Harvested Area, By Country, 2018
Figure 24:
Harvested Area, By Country, 2007–2018
Figure 25:
Yield, By Country, 2007–2018
Figure 26:
Imports, In Physical Terms, 2007–2018
Figure 27:
Imports, In Value Terms, 2007–2018
Figure 28:
Imports, In Physical Terms, By Country, 2018
Figure 29:
Imports, In Physical Terms, By Country, 2007–2018
Figure 30:
Imports, In Value Terms, By Country, 2007–2018
Figure 31:
Import Prices, By Country, 2007–2018
Figure 32:
Exports, In Physical Terms, 2007–2018
Figure 33:
Exports, In Value Terms, 2007–2018
Figure 34:
Exports, In Physical Terms, By Country, 2018
Figure 35:
Exports, In Physical Terms, By Country, 2007–2018
Figure 36:
Exports, In Value Terms, By Country, 2007–2018
Figure 37:
Export Prices, 2007–2018
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