Report Update Nov 1, 2024

Ireland - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Ireland: Pimenta Pepper Market 2024

Pimenta Pepper Market Size in Ireland

For the fourth year in a row, the Irish pimenta pepper market recorded growth in sales value, which increased by 34% to $X in 2022. Overall, consumption posted significant growth. Pimenta pepper consumption peaked in 2022 and is expected to retain growth in the immediate term.

Pimenta Pepper Exports

Exports from Ireland

In 2022, overseas shipments of pimenta pepper decreased by 0% to X tons, falling for the fifth consecutive year after two years of growth. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 636% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, pimenta pepper exports totaled $X in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 211%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for pimenta pepper exports from Ireland, accounting for a 84% share of total exports. Moreover, pimenta pepper exports to the UK exceeded the volume sent to the second major destination, Spain (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +50.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+93.6% per year) and the United Arab Emirates (0.0% per year).

From 2012 to 2022, the average annual growth rate of value to the UK stood at +57.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+87.5% per year) and the United Arab Emirates (0.0% per year).

Export Prices by Country

In 2022, the average pimenta pepper export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a mild decline. The pace of growth was the most pronounced in 2019 an increase of 83% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United Arab Emirates ($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 the UK (+4.8%), while the prices for the other major destinations experienced a decline.

Pimenta Pepper Imports

Imports into Ireland

In 2022, supplies from abroad of pimenta pepper decreased by 0% to X tons, falling for the second consecutive year after two years of growth. In general, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2016 when imports increased by 79%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, pimenta pepper imports totaled $X in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2017 when imports increased by 53%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Spain (X tons), the UK (X tons) and the Netherlands (X tons) were the main suppliers of pimenta pepper imports to Ireland, together accounting for 64% of total imports. China, Malawi, India and Belgium lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malawi (with a CAGR of +8,991.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of pimenta pepper to Ireland, comprising 35% of total imports. The second position in the ranking was taken by Spain ($X), with a 17% share of total imports. It was followed by the Netherlands, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+25.8% per year) and the Netherlands (+21.3% per year).

Import Prices by Country

In 2022, the average pimenta pepper import price amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 38% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pimenta pepper in the world?

The country with the largest volume of pimenta pepper consumption was India, comprising approx. 28% of total volume. Moreover, pimenta pepper consumption in India exceeded the figures recorded by the second-largest consumer, Thailand, threefold. Ethiopia ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of pimenta pepper in the world?

India constituted the country with the largest volume of pimenta pepper production, comprising approx. 41% of total volume. Moreover, pimenta pepper production in India exceeded the figures recorded by the second-largest producer, Thailand, fivefold. The third position in this ranking was occupied by China, with a 7.2% share.

What are the leading suppliers of pimenta pepper to Ireland?

In value terms, the UK constituted the largest supplier of pimenta pepper to Ireland, comprising 38% of total imports. The second position in the ranking was occupied by Spain, with a 14% share of total imports. It was followed by India, with a 13% share.

What are the leading importers of pimenta pepper from Ireland?

In value terms, the UK remains the key foreign market for pimenta pepper exports from Ireland, comprising 83% of total exports. The second position in the ranking was occupied by Spain, with a 17% share of total exports.

What is the average export price for pimenta pepper in Ireland?

In 2021, the average pimenta pepper export price amounted to $10,167 per ton, flattening at the previous year.

What is the average import price for pimenta pepper in Ireland?

In 2021, the average pimenta pepper import price amounted to $6,076 per ton, stabilizing at the previous year.

This report provides an in-depth analysis of the pimenta pepper market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 689 - Pimento

Country coverage:

Ireland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ireland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023