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, shrinking by -X% against the previous year. In general, pepper consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Global pepper consumption peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Pepper Production

In 2017, the amount of pepper produced worldwide stood at X tonnes, jumping 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 most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. In that year, the global pepper production attained their peak volume, and is likely to continue its growth in the immediate term. The general positive trend in terms of pepper output was largely conditioned by a conspicuous increase of the harvested area and a prominent expansion in yield figures.

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. Brazil (X tonnes) ranked third in terms of total production with a X% share.

In Viet Nam, pepper production increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Indonesia (+X% per year) and Brazil (+X% per year).

In 2017, the global average pepper yield totaled X tonne per ha, increasing by X% against the previous year. In general, the yield indicated a remarkable increase from 2007 to 2017: its figure 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 yield increased by +X% against 2010 indices. The pace of growth appeared the most rapid in 2013, when yield increased by X% against the previous year. Global pepper yield peaked in 2017, and is likely to see steady 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.

Global pepper harvested area amounted to X ha in 2017, coming up by X% against the previous year. Overall, pepper harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009, with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to pepper production attained its peak figure of X ha in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Pepper Exports

Exports 2007-2017

Global exports amounted to X tonnes in 2017, increasing by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2009, when it surged by X% year-to-year. Global exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, pepper exports totaled $X in 2017. In general, pepper exports continue to indicate a prominent growth. Global exports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Exports by Country

Viet Nam represented the main exporter of pepper in the world, with the volume of exports resulting at X tonnes, which was near X% of total exports in 2017. It was distantly followed by Brazil (X tonnes), Indonesia (X tonnes) and Singapore (X tonnes), together committing X% share of total exports. India (X tonnes), Germany (X tonnes), Sri Lanka (X tonnes), the United Arab Emirates (X tonnes), the U.S. (X tonnes), Malaysia (X tonnes) and the Netherlands (X tonnes) followed a long way behind the leaders.

Exports from Viet Nam increased at an average annual rate of +X% from 2007 to 2017. At the same time, the U.S. (+X%), the United Arab Emirates (+X%), Germany (+X%), Brazil (+X%), Sri Lanka (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, the U.S. emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Indonesia experienced a relatively flat trend pattern. By contrast, Malaysia (-X%), the Netherlands (-X%) and India (-X%) illustrated a downward trend over the same period. India (X%) significantly strengthened its position in terms of the global exports, while the U.S., Brazil and Viet Nam saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Viet Nam, 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: 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, waning by -X% against the previous year. In general, pepper export price continues to indicate a strong growth. The most prominent rate of growth was recorded in 2011, when the average export prices increased by X% year-to-year. Over the period under review, the average export prices for pepper attained its maximum level of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Singapore ($X per kg), while the U.S. ($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 global leaders experienced more modest paces of growth.

Pepper Imports

Imports 2007-2017

In 2017, approx. X tonnes of pepper were imported worldwide; growing by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013, when imports increased by X% y-o-y. Global imports peaked of X tonnes in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, pepper imports totaled $X in 2017. Overall, pepper imports continue to indicate a prominent growth. Global imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Imports by Country

In 2017, the U.S. (X tonnes), distantly followed by Germany (X tonnes) and India (X tonnes) represented the main importers of pepper, together comprising X% of total imports. Viet Nam (X tonnes), the United Arab Emirates (X tonnes), the UK (X tonnes), Saudi Arabia (X tonnes), Iran (X tonnes), France (X tonnes), the Netherlands (X tonnes), Spain (X tonnes) and Pakistan (X tonnes) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of pepper imports. At the same time, Iran (+X%), Viet Nam (+X%), Saudi Arabia (+X%), India (+X%), the UK (+X%), the United Arab Emirates (+X%), Pakistan (+X%), Spain (+X%) and France (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Germany experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the UK, Saudi Arabia, Iran, Viet Nam and India decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In the U.S., pepper imports increased at an average annual rate of +X% over the period from 2007-2017. 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. Overall, pepper import price continues to indicate a strong growth. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year. Over the period under review, the average import prices for pepper reached its maximum level of $X per tonne in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($X per tonne), while Iran ($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 global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform