New Zealand: Pimenta Pepper Market 2025

Pimenta Pepper Market Size in New Zealand

In 2022, after ten years of growth, there was significant decline in the New Zealand pimenta pepper market, when its value decreased by -10.5% to $X. In general, consumption, however, enjoyed prominent growth. As a result, consumption reached the peak level of $X, and then fell in the following year.

Pimenta Pepper Exports

Exports from New Zealand

In 2022, approx. X tons of pimenta pepper were exported from New Zealand; waning by -21.4% on the previous year. Over the period under review, exports, however, showed measured growth. The pace of growth appeared the most rapid in 2021 when exports increased by 960%. As a result, the exports attained the peak of X tons, and then plummeted in the following year.

In value terms, pimenta pepper exports stood at $X in 2022. In general, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 628% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Fiji (X tons), Australia (X tons) and Solomon Islands (X tons) were the main destinations of pimenta pepper exports from New Zealand, with a combined 71% share of total exports. Cook Islands, Samoa and Tonga lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Tonga (with a CAGR of +58.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Fiji ($X) and Solomon Islands ($X) were the largest markets for pimenta pepper exported from New Zealand worldwide, together comprising 70% of total exports. Cook Islands, Samoa and Tonga lagged somewhat behind, together accounting for a further 26%.

Samoa, with a CAGR of +56.9%, 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 more modest paces of growth.

Export Prices by Country

The average pimenta pepper export price stood at $X per ton in 2022, picking up by 30% against the previous year. Overall, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 108%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 Solomon Islands ($X per ton), while the average price for exports to Fiji ($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 Samoa (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Pimenta Pepper Imports

Imports into New Zealand

In 2022, overseas purchases of pimenta pepper decreased by -18.6% to X tons for the first time since 2015, thus ending a six-year rising trend. Overall, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of X tons, and then declined sharply in the following year.

In value terms, pimenta pepper imports dropped to $X in 2022. In general, imports, however, recorded a strong increase. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

Spain (X tons), India (X tons) and China (X tons) were the main suppliers of pimenta pepper imports to New Zealand, with a combined 70% share of total imports. Turkey, Australia, Malaysia, South Korea and Thailand lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +76.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pimenta pepper suppliers to New Zealand were Spain ($X), India ($X) and China ($X), with a combined 68% share of total imports. Australia, Malaysia, Turkey, Thailand and South Korea lagged somewhat behind, together accounting for a further 27%.

Turkey, with a CAGR of +54.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pimenta pepper import price amounted to $X per ton, increasing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2015 an increase of 18%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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