Malaysia: Piper Pepper Market 2024

Piper Pepper Market Size in Malaysia

The Malaysian piper pepper market dropped modestly to $X in 2022, almost unchanged from the previous year. Overall, consumption, however, saw a slight decline. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Piper Pepper Production in Malaysia

In value terms, piper pepper production fell modestly to $X in 2022 estimated in export price. In general, production recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The average yield of piper pepper in Malaysia shrank slightly to X tons per ha in 2022, declining by X% against 2021. In general, the yield, however, saw resilient growth. The pace of growth appeared the most rapid in 2018 when the yield increased by X% against the previous year. The piper pepper yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a 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, approx. X ha of piper pepper were harvested in Malaysia; increasing by X% compared with the year before. Overall, the harvested area, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the harvested area dedicated to piper pepper production reached the maximum at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

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Piper Pepper Exports

Exports from Malaysia

In 2022, shipments abroad of piper pepper decreased by X% to X tons, falling for the seventh year in a row after four years of growth. In general, exports saw a pronounced reduction. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, piper pepper exports expanded markedly to $X in 2022. Over the period under review, exports recorded a deep contraction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons) was the main destination for piper pepper exports from Malaysia, with a X% share of total exports. Moreover, piper pepper exports to Japan exceeded the volume sent to the second major destination, Vietnam (X tons), threefold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, Japan ($X) remains the key foreign market for piper pepper exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value to Japan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average piper pepper export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($X per ton) and South Korea ($X per ton), while the average price for exports to the Philippines ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced a decline.

Piper Pepper Imports

Imports into Malaysia

In 2022, imports of piper pepper into Malaysia totaled X tons, remaining constant against 2021 figures. Over the period under review, imports, however, showed a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, piper pepper imports reached $X in 2022. In general, imports, however, showed a noticeable descent. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest supplier of piper pepper to Malaysia, with a X% share of total imports. Moreover, piper pepper imports from Vietnam exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a X% share.

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

In value terms, Vietnam ($X) constituted the largest supplier of piper pepper to Malaysia, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by India, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Vietnam amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average piper pepper import price amounted to $X per ton, leveling off at the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average 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 India ($X per ton), while the price for South Korea ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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