Eastern Asia: Chili And Pepper Market 2025

Chili And Pepper Market Size in Eastern Asia

In 2022, the East Asian chili and pepper market decreased by -0.1% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Chili And Pepper Production in Eastern Asia

In value terms, chili and pepper production expanded to $X in 2022 estimated in export price. In general, production continues to indicate a modest increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 82%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

The country with the largest volume of chili and pepper production was China (X tons), comprising approx. 97% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in China was relatively modest.

In 2022, the average yield of chilies and peppers (green) in Eastern Asia stood at X tons per ha, approximately reflecting 2021. Overall, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by 2.3% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2016 to 2022, the growth of the chili and pepper yield failed to regain momentum. 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 chilies and peppers (green) production in Eastern Asia shrank to X ha, remaining stable against 2021. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the harvested area increased by 3.4% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2019 to 2022, the growth of the chili and pepper harvested area remained at a lower figure.

Chili And Pepper Exports

Exports in Eastern Asia

In 2022, the amount of chilies and peppers (green) exported in Eastern Asia surged to X tons, increasing by 20% compared with the year before. Total exports indicated resilient growth from 2012 to 2022: its volume 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, exports decreased by -10.7% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of 68%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, chili and pepper exports soared to $X in 2022. Total exports indicated a prominent increase from 2012 to 2022: its value 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. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the major exporting country with an export of around X tons, which finished at 79% of total exports. It was distantly followed by South Korea (X tons), committing a 19% share of total exports. Macao SAR (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to chili and pepper exports from China stood at +5.9%. At the same time, Macao SAR (+66.4%) and South Korea (+2.4%) displayed positive paces of growth. Moreover, Macao SAR emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +66.4% from 2012-2022. From 2012 to 2022, the share of China and Macao SAR increased by +4.8 and +1.6 percentage points, respectively.

In value terms, the largest chili and pepper supplying countries in Eastern Asia were China ($X), South Korea ($X) and Macao SAR ($X), with a combined 100% share of total exports.

Among the main exporting countries, Macao SAR, with a CAGR of +60.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, increasing by 8.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 17%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%), while the other leaders experienced a decline in the export price figures.

Chili And Pepper Imports

Imports in Eastern Asia

In 2022, supplies from abroad of chilies and peppers (green) decreased by -19.7% to X tons, falling for the fourth consecutive year after five years of growth. Over the period under review, imports, however, recorded a moderate expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 183%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, chili and pepper imports dropped remarkably to $X in 2022. In general, imports showed a slight curtailment. The growth pace was the most rapid in 2018 with an increase of 55% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Japan (X tons) and China (X tons) prevails in imports structure, together making up 90% of total imports. Hong Kong SAR (X tons), Macao SAR (X tons) and Taiwan (Chinese) (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +274.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported chilies and peppers (green) in Eastern Asia, comprising 64% of total imports. The second position in the ranking was taken by China ($X), with a 31% share of total imports. It was followed by Hong Kong SAR, with a 2.9% share.

In Japan, chili and pepper imports declined by an average annual rate of -5.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: China (+271.3% per year) and Hong Kong SAR (+15.3% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, reducing by -2.7% against the previous year. In general, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when the import price increased by 45% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per ton), while Macao SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Macao SAR (+5.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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