Southern Asia - Pepper - Market Analysis, Forecast, Size, Trends and Insights

Southern Asia: Pepper Market Overview 2019

Pepper Market Size in Southern Asia

The revenue of the pepper market in Southern Asia amounted to $X in 2017, going up by X% against the previous year. The pepper consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014, when market value increased by X% year-to-year. The level of pepper consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Pepper Production in Southern Asia

In 2017, the amount of pepper produced in Southern Asia stood at X tonnes, surging by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. Over the period under review, the pepper production attained its maximum volume in 2017, and is expected to retain its growth in the immediate term. The general positive trend in terms of pepper output was largely conditioned by a modest expansion of the harvested area and a strong growth in yield figures.

India (X tonnes) constituted the country with the largest volume of pepper production, accounting for X% of total production. Moreover, pepper production in India exceeded the figures recorded by the world's second largest producer, Sri Lanka (X tonnes), twofold.

In India, pepper production remained relatively stable over the period from 2007-2017.

In 2017, average pepper yield in Southern Asia totaled X kg per ha, increasing by X% against the previous year. The pepper yield continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. The level of pepper yield peaked in 2017, and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of pepper were harvested in Southern Asia; picking up by X% against the previous year. The pepper harvested area continues to indicate an abrupt slump. The pace of growth appeared the most rapid in 2009, when harvested area increased by X% y-o-y. The figure of pepper harvested area peaked of X ha in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Pepper Exports

Exports in Southern Asia

The exports stood at X tonnes in 2017, approximately equating the previous year. The pepper exports continue to indicate an abrupt drop. The pace of growth appeared the most rapid in 2015, with an increase of X% y-o-y. Over the period under review, the pepper exports reached its maximum volume of X tonnes in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, pepper exports stood at $X in 2017. The pepper exports continue to indicate a conspicuous expansion. In that year, the pepper exports reached their peak level of $X. From 2016 to 2017, growth of the pepper exports failed to regain its momentum.

Exports by Country

India (X tonnes) and Sri Lanka (X tonnes) prevails in pepper exports structure, together making up X% of total exports. Bangladesh (X tonnes) held the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Bangladesh (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, India ($X), Sri Lanka ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Among the main exporting countries, Bangladesh (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the pepper export price in Southern Asia amounted to $X per tonne, lowering by -X% against the previous year. The pepper export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. Over the period under review, the export prices for pepper reached its maximum level of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was India ($X per tonne), while Bangladesh ($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 India (+X% per year), while the other leaders experienced more modest paces of growth.

Pepper Imports

Imports in Southern Asia

In 2017, pepper imports in Southern Asia stood at X tonnes, growing by X% against the previous year. The total imports indicated a prominent growth 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 throughout the analyzed period. Based on 2017 figures, the pepper imports increased by +X% against 2012 indices. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the pepper imports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, pepper imports amounted to $X in 2017. The pepper imports continue to indicate a strong growth. Over the period under review, the pepper imports reached its peak figure level of $X in 2016, and then declined slightly in the following year.

Imports by Country

In 2017, India (X tonnes) was the main importer for pepper, making up X% of total imports. It was distantly followed by Pakistan (X tonnes) and Nepal (X tonnes), together committing X% share of total imports. Sri Lanka (X tonnes) followed a long way behind the leaders.

Imports into India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Sri Lanka (+X%), Nepal (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. Nepal (-X%), Sri Lanka (-X%), Pakistan (-X%) and India (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported pepper in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Nepal, with a X% share.

In India, pepper imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and Nepal (+X% per year).

Import Prices by Country

In 2017, the pepper import price in Southern Asia amounted to $X per tonne, waning by -X% against the previous year. The pepper import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2011, an increase of X% against the previous year. The level of import price peaked of $X per tonne in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Nepal ($X per tonne), while Pakistan ($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 Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.