Asia-Pacific: Piper Pepper Market 2025

Piper Pepper Market Size in Asia-Pacific

In 2022, the Asia-Pacific piper pepper market increased by 2.5% to $X, rising for the third year in a row after three years of decline. The total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +8.5% against 2019 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Piper Pepper Production in Asia-Pacific

In value terms, piper pepper production reduced modestly to $X in 2022 estimated in export price. Overall, production showed a noticeable shrinkage. The growth pace was the most rapid in 2014 with an increase of 29% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Vietnam (X tons) constituted the country with the largest volume of piper pepper production, accounting for 52% of total volume. Moreover, piper pepper production in Vietnam exceeded the figures recorded by the second-largest producer, Indonesia (X tons), threefold. The third position in this ranking was taken by India (X tons), with a 12% share.

In Vietnam, piper pepper production expanded at an average annual rate of +8.8% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (-0.5% per year) and India (+4.8% per year).

The average piper pepper yield reduced slightly to X tons per ha in 2022, shrinking by -1.8% compared with 2021. The yield figure increased at an average annual rate of +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 25% against the previous year. The level of yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The piper pepper harvested area stood at X ha in 2022, remaining stable against the previous year. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the harvested area increased by 6.1%. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Piper Pepper Exports

Exports in Asia-Pacific

In 2022, the amount of piper pepper exported in Asia-Pacific reduced slightly to X tons, which is down by -4.8% against the previous year. The total export volume increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 13%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, piper pepper exports declined to $X in 2022. Overall, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam prevails in exports structure, reaching X tons, which was near 75% of total exports in 2022. Indonesia (X tons) held a 9.2% share (based on physical terms) of total exports, which put it in second place, followed by India (6.1%). Sri Lanka (X tons) and Malaysia (X tons) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the piper pepper exports, with a CAGR of +7.8% from 2012 to 2022. Sri Lanka experienced a relatively flat trend pattern. India (-3.7%), Malaysia (-6.6%) and Indonesia (-7.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam increased by +29 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) remains the largest piper pepper supplier in Asia-Pacific, comprising 64% of total exports. The second position in the ranking was taken by Indonesia ($X), with a 15% share of total exports. It was followed by India, with a 7.7% share.

In Vietnam, piper pepper exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (-7.7% per year) and India (-3.9% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, which is down by -4.6% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 30%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+0.3%), while the other leaders experienced a decline in the export price figures.

Piper Pepper Imports

Imports in Asia-Pacific

In 2022, supplies from abroad of piper pepper decreased by -6.3% to X tons for the first time since 2016, thus ending a five-year rising trend. Total imports indicated notable growth from 2012 to 2022: its volume 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. The pace of growth was the most pronounced in 2014 with an increase of 24%. The volume of import peaked at X tons in 2021, and then dropped in the following year.

In value terms, piper pepper imports totaled $X in 2022. Over the period under review, imports, however, recorded a slight expansion. The pace of growth appeared the most rapid in 2014 with an increase of 50% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

India was the main importer of piper pepper in Asia-Pacific, with the volume of imports reaching X tons, which was near 32% of total imports in 2022. It was distantly followed by Vietnam (X tons), Japan (X tons), Pakistan (X tons), China (X tons), South Korea (X tons) and Thailand (X tons), together creating a 47% share of total imports. The following importers - the Philippines (X tons), Nepal (X tons), Taiwan (Chinese) (X tons), Australia (X tons), Bangladesh (X tons) and Malaysia (X tons) - together made up 17% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bangladesh (with a CAGR of +21.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported piper pepper in Asia-Pacific, comprising 32% of total imports. The second position in the ranking was held by Vietnam ($X), with a 13% share of total imports. It was followed by Japan, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in India totaled +6.6%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (-3.1% per year) and Japan (-0.4% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, growing by 11% against the previous year. In general, the import price, however, showed a perceptible downturn. The growth pace was the most rapid in 2021 when the import price increased by 27%. Over the period under review, import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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