Asia-Pacific: Pimenta Pepper Market 2025

Pimenta Pepper Market Size in Asia-Pacific

In 2022, the Asia-Pacific pimenta pepper market decreased by -3.5% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +3.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then fell in the following year.

Pimenta Pepper Production in Asia-Pacific

In value terms, pimenta pepper production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 14%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The country with the largest volume of pimenta pepper production was India (X tons), comprising approx. 58% of total volume. Moreover, pimenta pepper production in India exceeded the figures recorded by the second-largest producer, Thailand (X tons), sixfold. Bangladesh (X tons) ranked third in terms of total production with a 9.6% share.

In India, pimenta pepper production increased at an average annual rate of +4.1% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Thailand (+4.5% per year) and Bangladesh (+9.9% per year).

The average pimenta pepper yield contracted to X tons per ha in 2022, which is down by -9.3% compared with the year before. The yield indicated a pronounced increase from 2012 to 2022: its figure increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pimenta pepper yield increased by +18.7% against 2019 indices. The growth pace was the most rapid in 2021 when the yield increased by 22%. As a result, the yield reached the peak level of X tons per ha, and then declined in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of pimenta pepper production in Asia-Pacific totaled X ha, growing by 2.1% compared with the year before. In general, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the harvested area increased by 4.8% against the previous year. Over the period under review, the harvested area dedicated to pimenta pepper production reached the maximum at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Pimenta Pepper Exports

Exports in Asia-Pacific

In 2022, after three years of growth, there was significant decline in overseas shipments of pimenta pepper, when their volume decreased by -19.2% to X tons. Over the period under review, exports, however, continue to indicate a measured expansion. The growth pace was the most rapid in 2017 with an increase of 39%. The volume of export peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, pimenta pepper exports contracted to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 31%. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, India (X tons) was the key exporter of pimenta pepper, constituting 59% of total exports. It was distantly followed by China (X tons), creating a 36% share of total exports. Myanmar (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Myanmar (with a CAGR of +23.1%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), China ($X) and Myanmar ($X) were the countries with the highest levels of exports in 2022, with a combined 96% share of total exports.

Among the main exporting countries, Myanmar, with a CAGR of +17.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, with an increase of 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.4%. The pace of growth appeared the most rapid in 2016 an increase of 20%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.3%), while the other leaders experienced mixed trends in the export price figures.

Pimenta Pepper Imports

Imports in Asia-Pacific

In 2022, after five years of growth, there was significant decline in supplies from abroad of pimenta pepper, when their volume decreased by -21.1% to X tons. Total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 26%. The volume of import peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, pimenta pepper imports declined to $X in 2022. Overall, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 25%. Over the period under review, imports reached the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X tons), distantly followed by Thailand (X tons), Indonesia (X tons), Malaysia (X tons), Sri Lanka (X tons) and Bangladesh (X tons) were the main importers of pimenta pepper, together achieving 85% of total imports. Japan (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +20.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 57% of total imports.

China, with a CAGR of +28.4%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, rising by 19% against the previous year. Import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pimenta pepper import price increased by +38.3% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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