India - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPimenta Pepper Price in India - 2023
Contents:
- Pimenta Pepper Price in India (FOB) - 2023
- Pimenta Pepper Price in India (CIF) - 2022
- Pimenta Pepper Exports in India
- Pimenta Pepper Imports in India
Pimenta Pepper Price in India (FOB) - 2023
In July 2023, the average pimenta pepper export price amounted to $2,963 per ton, approximately mirroring the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 11% month-to-month. Over the period under review, the average export prices reached the peak figure at $3,023 per ton in August 2022; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($3,947 per ton), while the average price for exports to Nepal ($1,621 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 Nepal (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Pimenta Pepper Price in India (CIF) - 2022
The average pimenta pepper import price stood at $2,977 per ton in 2022, falling by -3.7% against the previous year. Over the period under review, the import price, however, continues to indicate perceptible growth. The growth pace was the most rapid in 2014 when the average import price increased by 87%. As a result, import price attained the peak level of $5,330 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,352 per ton), while the price for South Africa ($1,494 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pimenta Pepper Exports in India
In 2022, overseas shipments of pimenta pepper decreased by -27% to 406K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2020 when exports increased by 12%.
In value terms, pimenta pepper exports fell to $1.1B in 2022. The total export value increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 30% against the previous year.
| Export of Pimenta Pepper in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 299 | 392 | 475 | 311 | 1.3% |
| Thailand | 123 | 124 | 123 | 143 | 5.2% |
| Indonesia | 64.2 | 63.3 | 88.6 | 114 | 21.1% |
| Sri Lanka | 81.2 | 92.6 | 86.4 | 107 | 9.6% |
| United States | 74.3 | 92.1 | 123 | 105 | 12.2% |
| Bangladesh | 29.7 | 106 | 75.9 | 72.6 | 34.7% |
| Malaysia | 48.5 | 63.1 | 60.7 | 60.1 | 7.4% |
| United Arab Emirates | 15.0 | 24.8 | 23.5 | 26.0 | 20.1% |
| Nepal | 9.2 | 14.4 | 14.3 | 12.2 | 9.9% |
| Others | 105 | 129 | 137 | 127 | 6.5% |
| Total | 849 | 1,101 | 1,208 | 1,078 | 8.3% |
Top Export Markets for Pimenta Pepper from India in 2022:
- China (117.6K tons)
- Thailand (50.8K tons)
- Sri Lanka (47.2K tons)
- Indonesia (42.4K tons)
- Bangladesh (33.2K tons)
- United States (32.8K tons)
- Malaysia (17.7K tons)
- United Arab Emirates (10.4K tons)
- Nepal (9.2K tons)
Pimenta Pepper Imports in India
In 2022, imports of pimenta pepper into India shrank to 2.4K tons, reducing by -13.4% on the previous year's figure. Over the period under review, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 109%. As a result, imports reached the peak of 2.7K tons, and then reduced in the following year.
In value terms, pimenta pepper imports shrank sharply to $7.1M in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 100% against the previous year. As a result, imports attained the peak of $8.5M, and then declined sharply in the following year.
| Import of Pimenta Pepper in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,258 | 1,440 | 2,759 | 2,226 | 21.0% |
| Spain | 362 | 370 | 474 | 851 | 33.0% |
| Tanzania | 4.6 | 5.5 | N/A | 516 | 382.3% |
| Mexico | 27.3 | 171 | 69.2 | 379 | 140.3% |
| United States | 551 | 451 | 1,761 | 353 | -13.8% |
| Italy | 69.4 | 119 | 120 | 297 | 62.4% |
| Zambia | N/A | N/A | N/A | 294 | 0% |
| France | 1.0 | 507 | 643 | 266 | 543.1% |
| Sri Lanka | N/A | 0.9 | 124 | 239 | 1529.6% |
| Indonesia | N/A | N/A | N/A | 140 | 0% |
| Rwanda | 95.8 | 50.6 | 74.1 | 120 | 7.8% |
| South Africa | N/A | 9.0 | N/A | 71.7 | 182.3% |
| South Korea | N/A | 169 | 140 | 68.7 | -36.2% |
| Others | 992 | 949 | 2,313 | 1,245 | 7.9% |
| Total | 3,361 | 4,243 | 8,478 | 7,066 | 28.1% |
Top Suppliers of Pimenta Pepper to India in 2022:
- China (852.3 tons)
- Spain (239.1 tons)
- Tanzania (157.1 tons)
- Mexico (121.5 tons)
- Zambia (100.0 tons)
- Sri Lanka (93.3 tons)
- Italy (87.1 tons)
- United States (82.8 tons)
- France (61.1 tons)
- Indonesia (50.0 tons)
- Rwanda (48.8 tons)
- South Africa (48.0 tons)
- South Korea (43.3 tons)
This report provides an in-depth analysis of the pimenta pepper market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the pimenta pepper market in India.
1234
This report provides an in-depth analysis of the piper pepper market in India.
1807
This report provides an in-depth analysis of the spice market in India.
897
This report provides an in-depth analysis of the global pimenta pepper market.
6737
This report provides an in-depth analysis of the global piper pepper market.
5016
This report provides an in-depth analysis of the global spice market.
592
This report provides an in-depth analysis of the pimenta pepper market in India.
1234
This report provides an in-depth analysis of the piper pepper market in India.
1807
This report provides an in-depth analysis of the spice market in India.
897
This report provides an in-depth analysis of the global pimenta pepper market.
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In November 2022, the pimenta pepper price amounted to $2,842 per ton (FOB, India), stabilizing at the previous month.
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India remains the largest pimenta pepper exporter worldwide, comprising near half of the global exports. Last year, India managed to strengthen its leading position, with pimenta pepper exports skyrocketing to over 500K tons, or $1.1B. China was the key importer of Indian pepper, accounting for 32% of the total volume. The average export price for pimenta pepper from India jumped by +16% y-o-y in 2020.
184
In February 2023, the piper pepper price amounted to $4,634 per ton (CIF, India), rising by 12% against the previous month.
64
The growth rate peaked in February 2023 with a 56% month-on-month increase in Spice exports. However, the value of spice exports dropped significantly to $93M in November 2023.
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The global pimenta pepper market rose modestly to $10.9B in 2019, surging by 4.2% against the previous year. This...
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Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
4989
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
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Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
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From 2007 to 2015, global exports on the pepper market surged by +X% per year, amounting to X million USD in 2015. This was X million USD (X%) more than in 2014. In physical terms, exports stood at X thousand to
