Global Piper Pepper Market 2022

Piper Pepper Market Size

The global piper pepper market was finally on the rise to reach $X in 2021, after four years of decline. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Piper Pepper Production

In value terms, piper pepper production stood at $X in 2021 estimated in export prices. Over the period under review, production, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Global production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

The country with the largest volume of piper pepper production was Vietnam (X tonnes), accounting for X% of total volume. Moreover, piper pepper production in Vietnam exceeded the figures recorded by the second-largest producer, Brazil (X tonnes), twofold. The third position in this ranking was occupied by Indonesia (X tonnes), with a X% share.

In Vietnam, piper pepper production expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Indonesia (+X% per year).

In 2021, the global average yield of piper pepper declined modestly to X tonnes per ha, which is down by -X% compared with the previous year. The yield figure increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. The global yield peaked at X tonnes per ha in 2018; afterwards, it flattened through to 2021. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the global harvested area of piper pepper amounted to X ha, approximately reflecting 2020 figures. The harvested area increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. The global harvested area peaked in 2021 and is expected to retain growth in the near future.

Production By Country

The country with the largest volume of piper pepper production was Vietnam (X tonnes), accounting for X% of total volume. Moreover, piper pepper production in Vietnam exceeded the figures recorded by the second-largest producer, Brazil (X tonnes), twofold. The third position in this ranking was occupied by Indonesia (X tonnes), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume in Vietnam stood at +X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Indonesia (+X% per year).

Piper Pepper Exports

Exports

In 2021, after two years of growth, there was significant decline in overseas shipments of piper pepper, when their volume decreased by -X% to X tonnes. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by X% year-to-year. As a result, the exports reached the peak of X tonnes, and then contracted in the following year.

In value terms, piper pepper exports rose significantly to $X in 2021. Overall, exports, however, continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the global exports remained at a somewhat lower figure.

Exports by Country

Vietnam represented the major exporter of piper pepper in the world, with the volume of exports finishing at X tonnes, which was near X% of total exports in 2021. Brazil (X tonnes) ranks second in terms of the total exports with an X% share, followed by Indonesia (X%). The following exporters - India (X tonnes), Germany (X tonnes), the Netherlands (X tonnes), Sri Lanka (X tonnes), the United States (X tonnes) and Mexico (X tonnes) - together made up X% of total exports.

Exports from Vietnam increased at an average annual rate of +X% from 2012 to 2021. At the same time, Brazil (+X%), Germany (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. The United States experienced a relatively flat trend pattern. By contrast, Sri Lanka (-X%), India (-X%), the Netherlands (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Vietnam and Brazil increased by +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2021, the average annual rate of growth in terms of value in Vietnam amounted to -X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Indonesia (-X% per year).

Export Prices by Country

The average piper pepper export price stood at $X per tonne in 2021, jumping by X% against the previous year. In general, the export price, however, continues to indicate a deep reduction. Over the period under review, the average export prices hit record highs at $X per tonne in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Sri Lanka ($X per tonne), while Vietnam ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-X%), while the other global leaders experienced a decline in the export price figures.

Piper Pepper Imports

Imports

For the third year in a row, the global market recorded growth in overseas purchases of piper pepper, which increased by X% to X tonnes in 2021. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when imports increased by X% y-o-y. Over the period under review, global imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, piper pepper imports surged to $X in 2021. Over the period under review, imports continue to indicate a pronounced reduction. Global imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X tonnes), distantly followed by Germany (X tonnes) and India (X tonnes) represented the major importers of piper pepper, together mixing up X% of total imports. The following importers - Vietnam (X tonnes), Pakistan (X tonnes), the United Arab Emirates (X tonnes), the Netherlands (X tonnes), China (X tonnes), the UK (X tonnes), France (X tonnes), Egypt (X tonnes), Saudi Arabia (X tonnes) and Russia (X tonnes) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to piper pepper imports into the United States stood at +X%. At the same time, China (+X%), Pakistan (+X%), India (+X%), France (+X%), Egypt (+X%), Germany (+X%), Saudi Arabia (+X%) and Vietnam (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. The UK, the United Arab Emirates and Russia experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%) illustrated a downward trend over the same period. While the share of Pakistan (+X p.p.), the United States (+X p.p.), China (+X p.p.) and India (+X p.p.) increased significantly in terms of the global imports from 2012-2021, the share of the Netherlands (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-X% per year) and India (-X% per year).

Import Prices by Country

In 2021, the average piper pepper import price amounted to $X per tonne, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. Global import price peaked at $X per tonne in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($X per tonne), while Saudi Arabia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+X%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform