Bangladesh: Pimenta Pepper Market 2025

Pimenta Pepper Market Size in Bangladesh

In 2022, the Bangladeshi pimenta pepper market decreased by -28.4% to $X for the first time since 2016, thus ending a five-year rising trend. Overall, consumption, however, recorded a resilient expansion. As a result, consumption attained the peak level of $X, and then fell markedly in the following year.

Pimenta Pepper Production in Bangladesh

In value terms, pimenta pepper production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 88%. Pimenta pepper production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average pimenta pepper yield in Bangladesh dropped sharply to X tons per ha, which is down by -32.9% compared with the year before. Overall, the yield, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 when the yield increased by 202%. As a result, the yield reached the peak level of X tons per ha, and then declined notably 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.

The pimenta pepper harvested area in Bangladesh contracted slightly to X ha in 2022, waning by -1.6% compared with the previous year. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 11% 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 stood at a somewhat lower figure.

Pimenta Pepper Exports

Exports from Bangladesh

In 2022, the amount of pimenta pepper exported from Bangladesh rose to X tons, surging by 4.4% compared with 2021 figures. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2016 with an increase of 469% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, pimenta pepper exports expanded rapidly to $X in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 678%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Malaysia (X tons) was the main destination for pimenta pepper exports from Bangladesh, accounting for a 36% share of total exports. Moreover, pimenta pepper exports to Malaysia exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fivefold. The third position in this ranking was taken by Singapore (X tons), with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malaysia totaled +39.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+19.6% per year) and Singapore (+24.8% per year).

In value terms, Malaysia ($X) remains the key foreign market for pimenta pepper exports from Bangladesh, comprising 34% of total exports. The second position in the ranking was held by Singapore ($X), with a 7.1% share of total exports. It was followed by Saudi Arabia, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value to Malaysia stood at +45.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+25.5% per year) and Saudi Arabia (+15.1% per year).

Export Prices by Country

In 2022, the average pimenta pepper export price amounted to $X per ton, increasing by 7.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 37% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports

Imports into Bangladesh

In 2022, overseas purchases of pimenta pepper decreased by -29.7% to X tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw a tangible increase. The growth pace was the most rapid in 2019 with an increase of 409%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, pimenta pepper imports dropped to $X in 2022. In general, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 472%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the main supplier of pimenta pepper to Bangladesh, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India stood at +3.4%.

In value terms, India ($X) constituted the largest supplier of pimenta pepper to Bangladesh.

From 2012 to 2022, the average annual growth rate of value from India amounted to +9.3%.

Import Prices by Country

The average pimenta pepper import price stood at $X per ton in 2022, increasing by 37% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 +64.4% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.7% per year.

Source: IndexBox Platform

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