Bolivia: Piper Pepper Market 2025

Piper Pepper Market Size in Bolivia

The Bolivian piper pepper market fell to $X in 2022, dropping by -15% against the previous year. In general, consumption, however, recorded a strong expansion. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Piper Pepper Production in Bolivia

In value terms, piper pepper production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by 1,986% against the previous year. Piper pepper production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

In 2022, the average piper pepper yield in Bolivia surged to X kg per ha, rising by 97% on the previous year. Over the period under review, the yield, however, continues to indicate a mild descent. Over the period under review, the average piper pepper yield attained the maximum level at X kg per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the piper pepper harvested area in Bolivia surged to X ha, jumping by 800% on the previous year's figure. In general, the harvested area, however, showed a abrupt slump. Over the period under review, the harvested area dedicated to piper pepper production reached the peak figure at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Piper Pepper Exports

Exports from Bolivia

In 2022, after two years of growth, there was significant decline in shipments abroad of piper pepper, when their volume decreased by -89.2% to X kg. Overall, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2013 with an increase of 635% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, piper pepper exports shrank remarkably to $X in 2022. In general, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of 1,692%. Over the period under review, the exports hit record highs at $X in 2021, and then fell remarkably in the following year.

Exports by Country

Spain (X kg) was the main destination for piper pepper exports from Bolivia, with a 84% share of total exports. Moreover, piper pepper exports to Spain exceeded the volume sent to the second major destination, the United States (X kg), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at +15.7%.

In value terms, Spain ($X) remains the key foreign market for piper pepper exports from Bolivia, comprising 97% of total exports. The second position in the ranking was taken by the United States ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at +25.5%.

Export Prices by Country

In 2022, the average piper pepper export price amounted to $X per ton, surging by 47% against the previous year. In general, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 144%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 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 Spain ($X per ton), while the average price for exports to the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+68.1%), while the prices for the other major destinations experienced mixed trend patterns.

Piper Pepper Imports

Imports into Bolivia

In 2022, after three years of growth, there was significant decline in purchases abroad of piper pepper, when their volume decreased by -11.4% to X tons. Overall, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, piper pepper imports reduced rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2014 with an increase of 104% against the previous year. Imports peaked at $X in 2021, and then declined rapidly in the following year.

Imports by Country

In 2022, Brazil (X tons) constituted the largest piper pepper supplier to Bolivia, accounting for a 77% share of total imports. Moreover, piper pepper imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. Mexico (X tons) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+14.8% per year) and Mexico (+6.0% per year).

In value terms, Brazil ($X), the United States ($X) and Argentina ($X) were the largest piper pepper suppliers to Bolivia, together accounting for 83% of total imports. Mexico, India and China lagged somewhat behind, together accounting for a further 11%.

In terms of the main suppliers, India, with a CAGR of +32.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average piper pepper import price amounted to $X per ton, declining by -12.8% against the previous year. Over the period under review, the import price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 24%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Brazil ($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 (+29.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform