Ghana: Pimenta Pepper Market 2025

Pimenta Pepper Market Size in Ghana

The Ghanian pimenta pepper market expanded to $X in 2022, picking up by 4.6% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Pimenta Pepper Production in Ghana

In value terms, pimenta pepper production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 48% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

The average yield of pimenta pepper in Ghana reached X tons per ha in 2022, approximately reflecting 2021. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by 3%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average pimenta pepper 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.

The pimenta pepper harvested area in Ghana dropped slightly to X ha in 2022, approximately reflecting 2021. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 5.1%. Over the period under review, the harvested area dedicated to pimenta pepper production reached the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Pimenta Pepper Exports

Exports from Ghana

In 2022, the amount of pimenta pepper exported from Ghana skyrocketed to X tons, picking up by 32% compared with the previous year. In general, exports recorded a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of 999%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, pimenta pepper exports declined notably to $X in 2022. Over the period under review, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2014 when exports increased by 1,605%. The exports peaked at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Benin (X tons) was the main destination for pimenta pepper exports from Ghana, accounting for a 35% share of total exports. Moreover, pimenta pepper exports to Benin exceeded the volume sent to the second major destination, Canada (X tons), twofold. The third position in this ranking was taken by Spain (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Benin was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+1.9% per year) and Spain (-1.8% per year).

In value terms, the largest markets for pimenta pepper exported from Ghana were Spain ($X), the United States ($X) and Canada ($X), with a combined 65% share of total exports.

The United States, with a CAGR of +14.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average pimenta pepper export price amounted to $X per ton, reducing by -39.9% against the previous year. Over the period under review, the export price saw a noticeable decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 375%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Benin ($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 Cote d'Ivoire (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports

Imports into Ghana

In 2022, approx. X tons of pimenta pepper were imported into Ghana; surging by 4.8% on 2021. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 942%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, pimenta pepper imports rose slightly to $X in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 1,639% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, India (X tons) was the main pimenta pepper supplier to Ghana, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +109.1%.

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

From 2012 to 2022, the average annual growth rate of value from India amounted to +100.6%.

Import Prices by Country

In 2022, the average pimenta pepper import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 117% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 -4.1% per year.

Source: IndexBox Platform

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