We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
India - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

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

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Mar 6, 2023

Pimenta Pepper Price Stands at $2,842 per Ton

India Pimenta Pepper Export Price in November 2022

In November 2022, the pimenta pepper price amounted to $2,842 per ton (FOB, India), stabilizing at the previous month. Over the period from January 2022 to November 2022, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in July 2022 when the average export price increased by 12% m-o-m. Over the period under review, the average export prices hit record highs at $3,023 per ton in August 2022; however, from September 2022 to November 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In November 2022, the country with the highest price was Malaysia ($4,036 per ton), while the average price for exports to Vietnam ($1,489 per ton) was amongst the lowest.

From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

India Pimenta Pepper Exports

In November 2022, approximately 35K tons of pimenta pepper were exported from India; with an increase of 10% against the previous month. Over the period under review, total exports indicated a pronounced expansion from January 2022 to November 2022: its volume increased at an average monthly rate of +2.0% over the last ten-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2022 figures, exports decreased by -17.0% against September 2022 indices. The growth pace was the most rapid in September 2022 when exports increased by 55% month-to-month. Over the period under review, the exports reached the peak figure at 48K tons in March 2022; however, from April 2022 to November 2022, the exports stood at a somewhat lower figure.

In value terms, pimenta pepper exports reached $98M (IndexBox estimates) in November 2022. In general, total exports indicated a pronounced increase from January 2022 to November 2022: its value increased at an average monthly rate of +4.4% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2022 figures, exports decreased by -18.0% against September 2022 indices. The pace of growth was the most pronounced in July 2022 with an increase of 52% m-o-m. Over the period under review, the exports attained the peak figure at 120K tons in September 2022; however, from October 2022 to November 2022, the exports failed to regain momentum.

India Pimenta Pepper Exports by Country

Thailand (7.4K tons), Indonesia (6K tons) and China (5.9K tons) were the main destinations of pimenta pepper exports from India, together comprising 56% of total exports. Sri Lanka, Bangladesh, the United States, Malaysia, the United Arab Emirates, Saudi Arabia, Vietnam and Nepal lagged somewhat behind, together comprising a further 35%.

From January 2022 to November 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +44.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pimenta pepper exported from India were Thailand ($21M), Indonesia ($18M) and China ($16M), with a combined 56% share of total exports. Sri Lanka, Bangladesh, the United States, Malaysia, the United Arab Emirates, Saudi Arabia, Vietnam and Nepal lagged somewhat behind, together accounting for a further 34%.

In terms of the main countries of destination, Vietnam, with a CAGR of +32.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Pimenta Pepper Market Overview

Pimenta peppers are one of the most popular spices in India. They are used to add flavor and heat to dishes, and are also a key ingredient in many traditional medicines. In general, pimenta peppers that are grown in India tend to be more affordable than those grown elsewhere. However, the price of pimenta peppers can also be affected by supply and demand, as well as other factors such as weather conditions.

The main drivers for this market are the ever-increasing population and the growing demand for processed food in the country. India is one of the world's largest producers and consumers of pimenta peppers, with a production volume of around 1.7 million metric tons in 2022. The majority of the country's production is consumed domestically, with only a small percentage being exported to other countries. The growing processed food industry in India is one of the main drivers for the pimenta pepper market.

Source: IndexBox Market Intelligence Platform

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:

  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

Recommended posts

Free Data: Pimenta Pepper - India
Table
Pimenta Pepper - India - Table
Dashboard
Pimenta Pepper - India - Dashboard
Report
Pimenta Pepper - India - Report