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

Global Pepper Market Overview 2020

Pepper Market Size

The global pepper market revenue amounted to $X in 2018, shrinking by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. The global pepper consumption peaked at $X in 2017, and then declined slightly in the following year.

Pepper Production

In value terms, pepper production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when production volume increased by X% against the previous year. The global pepper production peaked at $X in 2016; however, from 2017 to 2018, production failed to regain its momentum.

Viet Nam (X tonnes) constituted the country with the largest volume of pepper production, comprising approx. X% of total volume. Moreover, pepper production in Viet Nam exceeded the figures recorded by the 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 2013-2018. 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 2018, going up by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The growth pace was the most rapid in 2017 when yield increased by X% year-to-year. Over the period under review, the average pepper yield attained its peak figure level in 2018 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 2018, the total area harvested in terms of pepper production worldwide amounted to X ha, approximately reflecting the previous year. The harvested area increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations over the period under review. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to pepper production attained its peak figure in 2018 and is expected to retain its growth in the near future.

Production By Country

Viet Nam (X tonnes) constituted the country with the largest volume of pepper production, accounting for X% of total volume. Moreover, pepper production in Viet Nam exceeded the figures recorded by the second-largest producer, Indonesia (X tonnes), threefold. Brazil (X tonnes) ranked third in terms of total production with a X% share.

From 2013 to 2018, the average annual rate of growth in terms of volume in Viet Nam stood at +X%. 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

Global exports totaled X tonnes in 2018, picking up by X% against the previous year. The total export volume increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. In that year, global pepper exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, pepper exports totaled $X in 2018. Over the period under review, pepper exports continue to indicate a temperate setback. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. In that year, global pepper exports reached their peak of $X. From 2016 to 2018, the growth of global pepper exports failed to regain its momentum.

Exports by Country

Viet Nam was the major exporter of pepper exported in the world, with the volume of exports recording X tonnes, which was near X% of total exports in 2018. It was distantly followed by Brazil (X tonnes) and Indonesia (X tonnes), together creating a X% share of total exports. India (X tonnes), Germany (X tonnes), Sri Lanka (X tonnes), Malaysia (X tonnes), Mexico (X tonnes), the Netherlands (X tonnes), the U.S. (X tonnes) and France (X tonnes) followed a long way behind the leaders.

From 2013 to 2018, average annual rates of growth with regard to pepper exports from Viet Nam stood at +X%. At the same time, France (+X%), Brazil (+X%), Germany (+X%), the U.S. (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2013-2018. Malaysia experienced a relatively flat trend pattern. By contrast, Indonesia (-X%), Sri Lanka (-X%), the Netherlands (-X%) and India (-X%) illustrated a downward trend over the same period. Viet Nam (+X p.p.) and Brazil (+X p.p.) significantly strengthened its position in terms of the global exports, while Sri Lanka, India and Indonesia saw its share reduced by -X%, -X% and -X% from 2013 to 2018, 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 Indonesia, with a X% share.

In Viet Nam, pepper exports plunged by an average annual rate of -X% over the period from 2013-2018. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Indonesia (-X% per year).

Export Prices by Country

In 2018, the average pepper export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the pepper export price continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for pepper attained their maximum at $X per tonne in 2015; however, from 2016 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($X per tonne), while Mexico ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Pepper Imports

Imports 2007-2018

In 2018, the amount of pepper imported worldwide totaled X tonnes, jumping by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. In that year, global pepper imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, pepper imports stood at $X in 2018. Over the period under review, pepper imports continue to indicate a temperate shrinkage. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. In that year, global pepper imports attained their peak of $X. From 2016 to 2018, the growth of global pepper imports failed to regain its momentum.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by India (X tonnes), Viet Nam (X tonnes) and Germany (X tonnes) represented the key importers of pepper, together achieving X% of total imports. The United Arab Emirates (X tonnes), the UK (X tonnes), France (X tonnes), the Netherlands (X tonnes), Spain (X tonnes), Japan (X tonnes), Russia (X tonnes) and Pakistan (X tonnes) occupied a minor share of total imports.

The U.S. experienced a relatively flat trend pattern of pepper imports. At the same time, Viet Nam (+X%), India (+X%), France (+X%), Pakistan (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2013-2018. Spain and Germany experienced a relatively flat trend pattern. By contrast, Russia (-X%), the UK (-X%), the United Arab Emirates (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2013 to 2018, the share of Viet Nam and India increased by +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. ($X) constitutes the largest market for imported pepper worldwide, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by India, with a X% share.

From 2013 to 2018, 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

In 2018, the average pepper import price amounted to $X per tonne, declining by -X% against the previous year. Overall, the pepper import price continues to indicate an abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by X% year-to-year. The global import price peaked at $X per tonne in 2015; however, from 2016 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the United Arab Emirates ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2013 to 2018, 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