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, approximately mirroring the previous year. Over the period under review, pepper consumption continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2011, when the market value increased by X% y-o-y. Over the period under review, the global pepper market reached 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 stood at $X in 2017 estimated in export prices. Overall, pepper production continues to indicate a strong expansion. The pace of growth was the most pronounced in 2011, when the the output figure increased by X% year-to-year. 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. The third position in this ranking was occupied by Brazil (X tonnes), with a X% share.

In Viet Nam, pepper production increased at an average annual rate of +X% over the period from 2007-2017. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (+X% per year) and Brazil (+X% per year).

Global average pepper yield totaled X tonne per ha in 2017, jumping by X% against the previous year. Over the period under review, the yield indicated a strong growth 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 being recorded throughout the analyzed period. Based on 2017 figures, the pepper yield increased by +X% against 2008 indices. The pace of growth appeared the most rapid in 2013, with an increase of X% against the previous year. Over the period under review, the average pepper yield attained its maximum level in 2017, and is expected to retain 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, the global pepper harvested area stood at X ha, going up by X% against the previous year. In general, pepper harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009, when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to pepper production reached its peak figure at X ha in 2007; however, from 2008 to 2017, harvested area stood at a somewhat lower figure.

Pepper Exports

Exports 2007-2018

In 2017, approx. X tonnes of pepper were exported worldwide; dropping by -X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. Over the period under review, global pepper exports attained their peak figure at X tonnes in 2016, and then declined slightly in the following year.

In value terms, pepper exports amounted to $X in 2017. In general, pepper exports, however, continue to indicate a remarkable growth. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. Over the period under review, global pepper exports reached their maximum at $X in 2015; however, from 2016 to 2017, exports stood at a somewhat lower figure.

Exports by Country

Viet Nam represented the major exporting country with an export of around X tonnes, which amounted to X% of total exports. Brazil (X tonnes) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%), Singapore (X%) and India (X%). Germany (X tonnes), Sri Lanka (X tonnes), the U.S. (X tonnes), Malaysia (X tonnes), the Netherlands (X tonnes) and Mexico (X tonnes) took a relatively small share of total exports.

From 2007 to 2017, average annual rates of growth with regard to pepper exports from Viet Nam stood at +X%. At the same time, the U.S. (+X%), Germany (+X%), Brazil (+X%), Mexico (+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. While the share of India (X%) increased significantly in terms of the global exports from 2007-2017, the share of Germany (-X%), the U.S. (-X%), Brazil (-X%) and Viet Nam (-X%) displayed negative dynamics. 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.

In Viet Nam, pepper exports expanded at an average annual rate of +X% over the period from 2007-2017. 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 kg in 2017, shrinking by -X% against the previous year. Overall, the pepper export price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. Over the period under review, the average export prices for pepper reached their peak figure at $X per tonne in 2015; however, from 2016 to 2017, export prices stood at a somewhat lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was Singapore ($X per tonne), while Mexico ($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, 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; rising by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2013, when the imports increased by X% year-to-year. Over the period under review, global pepper imports reached their peak figure at X tonnes in 2015; however, from 2016 to 2017, imports failed to regain their momentum.

In value terms, pepper imports amounted to $X in 2017. In general, pepper imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2011, with an increase of X% year-to-year. Global imports peaked at $X in 2015; however, from 2016 to 2017, imports failed to regain their momentum.

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 major importers of pepper, together comprising X% of total imports. The following importers - 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) together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of pepper imports. At the same time, Viet Nam (+X%), Saudi Arabia (+X%), India (+X%), the UK (+X%), Canada (+X%), the United Arab Emirates (+X%), Pakistan (+X%), Spain (+X%) and France (+X%) displayed positive paces of growth. Moreover, Viet Nam 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. While the share of the UK (-X%), Saudi Arabia (-X%), Viet Nam (-X%) and India (-X%) decreased significantly, 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.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and India (+X% per year).

Import Prices by Country

The average pepper import price stood at $X per kg in 2017, lowering by -X% against the previous year. In general, the pepper import price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2011, an increase of X% y-o-y. Global import price peaked at $X per tonne in 2015; however, from 2016 to 2017, import prices remained at a lower figure.

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

Source: IndexBox AI Platform