EU: Pyrethrum And Peppermint Market 2025

Pyrethrum And Peppermint Market Size in the EU

The EU pyrethrum and peppermint market rose remarkably to $X in 2021, picking up by 14% against the previous year. The market value increased at an average annual rate of +4.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to continue growth in the near future.

Pyrethrum And Peppermint Production in the EU

In value terms, pyrethrum and peppermint production shrank sharply to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 96% against the previous year. As a result, production attained the peak level of $X, and then plummeted in the following year.

Pyrethrum And Peppermint Exports

Exports in the EU

In 2021, approx. X tons of pyrethrum and peppermint were exported in the European Union; picking up by 2% on 2020 figures. The total export volume increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, pyrethrum and peppermint exports stood at $X in 2021. Total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +90.6% against 2015 indices. The pace of growth was the most pronounced in 2020 with an increase of 30% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, Germany (X tons), distantly followed by Poland (X tons), Spain (X tons), the Netherlands (X tons), Bulgaria (X tons), Austria (X tons), France (X tons) and Croatia (X tons) were the major exporters of pyrethrum and peppermint, together mixing up 83% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Croatia (with a CAGR of +13.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest pyrethrum and peppermint supplier in the European Union, comprising 26% of total exports. The second position in the ranking was held by Spain ($X), with a 12% share of total exports. It was followed by Poland, with a 12% share.

In Germany, pyrethrum and peppermint exports expanded at an average annual rate of +6.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (+17.5% per year) and Poland (+6.2% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, with an increase of 9.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2017 an increase of 14% against the previous year. Over the period under review, the export prices reached the peak figure in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was France ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+6.2%), while the other leaders experienced more modest paces of growth.

Pyrethrum And Peppermint Imports

Imports in the EU

For the sixth year in a row, the European Union recorded growth in overseas purchases of pyrethrum and peppermint, which increased by 7.6% to X tons in 2021. The total import volume increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pyrethrum and peppermint imports expanded sharply to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +70.2% against 2015 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) was the main importer of pyrethrum and peppermint, mixing up 35% of total imports. Spain (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by France (9.9%), the Netherlands (7.8%), Italy (7.1%) and Poland (6.8%). The following importers - Belgium (X tons), Austria (X tons) and the Czech Republic (X tons) - together made up 9.4% of total imports.

From 2012 to 2021, average annual rates of growth with regard to pyrethrum and peppermint imports into Germany stood at +3.4%. At the same time, Austria (+12.3%), Poland (+8.0%), Spain (+5.9%), Italy (+3.4%), the Netherlands (+3.1%), the Czech Republic (+2.0%), France (+1.8%) and Belgium (+1.5%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing importer imported in the European Union, with a CAGR of +12.3% from 2012-2021. From 2012 to 2021, the share of Spain, Poland and Austria increased by +2.1, +2 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported pyrethrum and peppermint in the European Union, comprising 35% of total imports. The second position in the ranking was held by France ($X), with an 11% share of total imports. It was followed by Spain, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany stood at +7.6%. The remaining importing countries recorded the following average annual rates of imports growth: France (+4.7% per year) and Spain (+6.1% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, with an increase of 2.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2020 when the import price increased by 11%. Over the period under review, import prices hit record highs in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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