World - Pepper - Market Analysis, Forecast, Size, Trends and Insights

Global Pepper Market Overview 2019

Pepper Market Size

The global pepper market revenue amounted to $X in 2017, standing approx. at the previous year. In general, the total market indicated a remarkable increase from 2013 to 2017: its value increased at an average annual rate of +X% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, pepper consumption decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, the global pepper market attained its maximum level at $X in 2015; however, from 2016 to 2017, consumption remained at a lower figure.

Pepper Production

In value terms, pepper production totaled $X in 2017 estimated in export prices. Over the period under review, the total output indicated a resilient increase from 2013 to 2017: its value increased at an average annual rate of +X% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when production volume increased by X% y-o-y. The global pepper production peaked at $X in 2016, and then declined slightly in the following year.

Viet Nam (X tonnes) remains the largest pepper producing country worldwide, comprising approx. X% of total production. Moreover, pepper production in Viet Nam exceeded the figures recorded by the world's second-largest producer, Indonesia (X tonnes), threefold. Brazil (X tonnes) ranked third in terms of total production with a X% share.

In Viet Nam, pepper production expanded at an average annual rate of +X% over the period from 2013-2017. In the other countries, the average annual rates were as follows: Indonesia (-X% per year) and Brazil (+X% per year).

Global average pepper yield totaled X tonne per ha in 2017, picking up by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2013 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth was the most pronounced in 2017 when yield increased by X% year-to-year. In that year, the average pepper yield attained 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, approx. X ha of pepper were harvested worldwide; increasing by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2013 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to pepper production attained its peak figure in 2017 and is likely to see steady growth in the immediate term.

Production By Country

Viet Nam (X tonnes) remains the largest pepper producing country worldwide, accounting for X% of total production. Moreover, pepper production in Viet Nam exceeded the figures recorded by the world's second-largest producer, Indonesia (X tonnes), threefold. The third position in this ranking was occupied by Brazil (X tonnes), with a X% share.

In Viet Nam, pepper production expanded at an average annual rate of +X% over the period from 2013-2017. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (-X% per year) and Brazil (+X% per year).

Pepper Exports

Exports 2007-2018

In 2017, approx. X tonnes of pepper were exported worldwide; dropping by -X% against the previous year. Over the period under review, pepper exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. The global exports peaked at X tonnes in 2016, and then declined slightly in the following year.

In value terms, pepper exports stood at $X in 2017. In general, pepper exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The global exports peaked at $X in 2015; however, from 2016 to 2017, exports stood at a somewhat lower figure.

Exports by Country

Viet Nam was the largest exporter of pepper in the world, with the volume of exports recording X tonnes, which was near X% of total exports in 2017. It was distantly followed by Brazil (X tonnes), Indonesia (X tonnes), Singapore (X tonnes) and India (X tonnes), together creating a X% share of total exports. The following exporters - Germany (X tonnes), Sri Lanka (X tonnes), the U.S. (X tonnes), Malaysia (X tonnes), the Netherlands (X tonnes) and Mexico (X tonnes) - together made up X% of total exports.

Exports from Viet Nam increased at an average annual rate of +X% from 2013 to 2017. At the same time, Brazil (+X%), the U.S. (+X%), Germany (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2013-2017. Malaysia experienced a relatively flat trend pattern. By contrast, Mexico (-X%), Indonesia (-X%), Sri Lanka (-X%), the Netherlands (-X%) and India (-X%) illustrated a downward trend over the same period. Brazil (+X p.p.) and Viet Nam (+X p.p.) significantly strengthened its position in terms of the global exports, while Indonesia and India saw its share reduced by -X% and -X% from 2013 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Viet Nam ($X) remains the largest pepper supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Singapore, with a X% share.

From 2013 to 2017, the average annual rate of growth in terms of value in Viet Nam was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+X% per year) and Singapore (+X% per year).

Export Prices by Country

The average pepper export price stood at $X per tonne in 2017, dropping by -X% against the previous year. Overall, the pepper export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. Over the period under review, the average export prices for pepper attained their peak figure at $X per tonne in 2015; however, from 2016 to 2017, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while Mexico ($X per tonne) was amongst the lowest.

From 2013 to 2017, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

Pepper Imports

Imports 2007-2018

In 2017, approx. X tonnes of pepper were imported worldwide; surging by X% against the previous year. Overall, pepper imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. In that year, global pepper imports attained their peak of X tonnes. From 2016 to 2017, the growth of global pepper imports remained at a somewhat lower figure.

In value terms, pepper imports amounted to $X in 2017. In general, pepper imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. In that year, global pepper imports reached their peak of $X. From 2016 to 2017, the growth of global pepper imports remained at a somewhat lower figure.

Imports by Country

In 2017, the U.S. (X tonnes), distantly followed by Germany (X tonnes), India (X tonnes) and Viet Nam (X tonnes) represented the main importers of pepper, together achieving X% of total imports. The United Arab Emirates (X tonnes), the UK (X tonnes), Canada (X tonnes), Saudi Arabia (X tonnes), France (X tonnes), the Netherlands (X tonnes), Spain (X tonnes) and Pakistan (X tonnes) held a minor share of total imports.

From 2013 to 2017, average annual rates of growth with regard to pepper imports into the U.S. stood at -X%. At the same time, Canada (+X%), India (+X%), Saudi Arabia (+X%), Pakistan (+X%), Viet Nam (+X%), France (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2013-2017. Germany and Spain experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. India (+X p.p.) and Canada (+X p.p.) significantly strengthened 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, the U.S. ($X) constitutes the largest market for imported pepper worldwide, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by India, with a X% share.

In the U.S., pepper imports remained relatively stable over the period from 2013-2017. In the other countries, the average annual rates were as follows: Germany (-X% per year) and India (+X% per year).

Import Prices by Country

In 2017, the average pepper import price amounted to $X per tonne, declining by -X% against the previous year. In general, the pepper import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. In that year, the average import prices for pepper reached their peak level of $X per tonne. From 2016 to 2017, the growth in terms of the average import prices for pepper failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while Saudi Arabia ($X per tonne) was amongst the lowest.

From 2013 to 2017, the most notable rate of growth in terms of prices was attained by Pakistan, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform