Germany - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Germany - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Pimenta Pepper Price in Germany - 2023

Contents:

  1. Pimenta Pepper Price in Germany (CIF) - 2023
  2. Pimenta Pepper Price in Germany (FOB) - 2023
  3. Pimenta Pepper Imports in Germany
  4. Pimenta Pepper Exports in Germany

Pimenta Pepper Price in Germany (CIF) - 2023

In July 2023, the average pimenta pepper import price amounted to $3,886 per ton, declining by -5.9% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 17% month-to-month. The import price peaked at $4,515 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($7,714 per ton), while the price for Brazil ($3,174 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mexico (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Pimenta Pepper Price in Germany (FOB) - 2023

The average pimenta pepper export price stood at $7,035 per ton in July 2023, reducing by -10.9% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average export price increased by 25% m-o-m. Over the period under review, the average export prices attained the maximum at $7,899 per ton in June 2023, and then dropped in the following month.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Italy ($13,605 per ton), while the average price for exports to Poland ($4,686 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports in Germany

In 2022, purchases abroad of pimenta pepper decreased by -3.8% to 25K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 11%. As a result, imports attained the peak of 27K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, pimenta pepper imports rose slightly to $95M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Pimenta Pepper in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36.733.436.239.42.4%
Spain18.921.221.221.95.0%
Netherlands1.33.24.85.359.8%
Mexico3.94.03.64.00.8%
Brazil2.73.43.73.913.0%
Turkey1.42.22.52.826.0%
Hungary2.42.42.72.0-5.9%
Others12.013.018.216.110.3%
Total79.482.992.795.46.3%

Top Suppliers of Pimenta Pepper to Germany in 2022:

  1. China (11.2K tons)
  2. Spain (6.9K tons)
  3. Brazil (1.6K tons)
  4. Netherlands (1.2K tons)
  5. Turkey (0.8K tons)
  6. Mexico (0.7K tons)
  7. Hungary (0.4K tons)

Pimenta Pepper Exports in Germany

In 2022, overseas shipments of pimenta pepper decreased by -5.2% to 7.5K tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 5.3% against the previous year. As a result, the exports attained the peak of 7.9K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, pimenta pepper exports declined to $46M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 9.3%. As a result, the exports reached the peak of $50M, and then shrank in the following year.

Export of Pimenta Pepper in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland5.86.66.27.27.5%
Austria5.25.35.95.30.6%
France4.54.54.94.4-0.7%
Netherlands3.14.54.03.65.1%
Denmark1.91.72.22.01.7%
Switzerland1.41.92.32.012.6%
United States3.21.22.61.9-16.0%
Romania1.31.41.71.913.5%
Sweden1.51.71.91.98.2%
Czech Republic1.01.31.91.821.6%
Italy1.61.41.61.60.0%
Spain1.31.91.81.67.2%
United Kingdom2.12.61.21.1-19.4%
Others9.99.311.310.10.7%
Total43.745.349.546.42.0%

Top Export Markets for Pimenta Pepper from Germany in 2022:

  1. Poland (1729.6 tons)
  2. Austria (778.6 tons)
  3. France (713.1 tons)
  4. Netherlands (492.9 tons)
  5. Czech Republic (404.6 tons)
  6. Romania (396.7 tons)
  7. Sweden (251.7 tons)
  8. Denmark (243.3 tons)
  9. Spain (217.5 tons)
  10. United States (216.3 tons)
  11. Switzerland (192.7 tons)
  12. Italy (189.3 tons)
  13. United Kingdom (176.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pimenta pepper market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 689 - Pimento

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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