South-Eastern Asia: Pimenta Pepper Market 2024

Pimenta Pepper Market Size in South-Eastern Asia

The Southeast Asian pimenta pepper market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Pimenta Pepper Production in South-Eastern Asia

In value terms, pimenta pepper production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Thailand (X tons) remains the largest pimenta pepper producing country in South-Eastern Asia, accounting for X% of total volume. Moreover, pimenta pepper production in Thailand exceeded the figures recorded by the second-largest producer, Myanmar (X tons), threefold. The third position in this ranking was held by Vietnam (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Thailand stood at X%. In the other countries, the average annual rates were as follows: Myanmar (X% per year) and Vietnam (X% per year).

In 2022, the average yield of pimenta pepper in South-Eastern Asia dropped to X tons per ha, leveling off at 2021 figures. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the pimenta pepper yield reached the peak level 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 South-Eastern Asia; approximately mirroring the previous year's figure. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to pimenta pepper production attained the maximum at X ha in 2014; however, from 2015 to 2022, the harvested area failed to regain momentum.

Pimenta Pepper Exports

Exports in South-Eastern Asia

In 2022, after seven years of growth, there was significant decline in shipments abroad of pimenta pepper, when their volume decreased by X% to X tons. Over the period under review, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The volume of export peaked at X tons in 2021, and then declined remarkably in the following year.

In value terms, pimenta pepper exports plummeted to $X in 2022. Overall, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then fell notably in the following year.

Exports by Country

Myanmar (X tons) and Thailand (X tons) represented roughly X% of total exports in 2022. Vietnam (X tons) held the next position in the ranking, followed by Malaysia (X tons). All these countries together held approx. X% share of total exports. The following exporters - Indonesia (X tons) and Singapore (X tons) - each recorded a X% share of total exports.

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

In value terms, Myanmar ($X), Thailand ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Vietnam, with a CAGR of X%, saw the highest growth rate of 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 export price in South-Eastern Asia amounted to $X per ton, waning by X% against the previous year. Overall, the export price saw a pronounced decrease. The growth pace was the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Pimenta Pepper Imports

Imports in South-Eastern Asia

In 2022, the amount of pimenta pepper imported in South-Eastern Asia reduced slightly to X tons, with a decrease of X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, pimenta pepper imports expanded rapidly to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Thailand was the largest importing country with an import of around X tons, which resulted at X% of total imports. Malaysia (X tons) held the second position in the ranking, followed by Indonesia (X tons). All these countries together held near X% share of total imports. Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pimenta pepper importing markets in South-Eastern Asia were Thailand ($X), Malaysia ($X) and Indonesia ($X), with a combined X% share of total imports.

In terms of the main importing countries, Indonesia, with a CAGR of X%, recorded 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 import price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Singapore ($X per ton) and Malaysia ($X per ton), while Thailand ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :