Hungary: Piper Pepper Market 2025

Piper Pepper Market Size in Hungary

In 2022, the Hungarian piper pepper market increased by 6.2% to $X, rising for the third consecutive year after three years of decline. In general, consumption saw a relatively flat trend pattern. Piper pepper consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Piper Pepper Exports

Exports from Hungary

Piper pepper exports from Hungary was estimated at X tons in 2022, remaining stable against 2021 figures. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 152% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, piper pepper exports amounted to $X in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 84%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Romania (X tons), Croatia (X tons) and Slovakia (X tons) were the main destinations of piper pepper exports from Hungary, with a combined 60% share of total exports. Moldova, the Czech Republic, Ukraine and Austria lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Moldova (with a CAGR of +158.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Croatia ($X) and Slovakia ($X) appeared to be the largest markets for piper pepper exported from Hungary worldwide, together accounting for 56% of total exports. Ukraine, Moldova, Austria and the Czech Republic lagged somewhat behind, together comprising a further 21%.

Moldova, with a CAGR of +198.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average piper pepper export price amounted to $X per ton, surging by 13% against the previous year. In general, the export price, however, showed a pronounced setback. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Slovakia ($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 Moldova (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.

Piper Pepper Imports

Imports into Hungary

In 2022, after three years of growth, there was decline in overseas purchases of piper pepper, when their volume decreased by -4% to X tons. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 17%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, piper pepper imports rose rapidly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest piper pepper supplier to Hungary, accounting for a 41% share of total imports. Moreover, piper pepper imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Vietnam (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.5% per year) and Vietnam (+12.4% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of piper pepper to Hungary, comprising 39% of total imports. The second position in the ranking was held by Austria ($X), with a 15% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-6.2% per year) and Germany (+3.0% per year).

Import Prices by Country

The average piper pepper import price stood at $X per ton in 2022, with an increase of 15% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Austria ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+36.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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