Paraguay: Pimenta Pepper Market 2025

Pimenta Pepper Market Size in Paraguay

The Paraguayan pimenta pepper market rose to $X in 2022, growing by 3.5% against the previous year. Over the period under review, consumption showed buoyant growth. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Pimenta Pepper Production in Paraguay

In value terms, pimenta pepper production stood at $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with a decrease of 99.9%. Pimenta pepper production peaked in 2022 and is likely to see gradual growth in the immediate term.

The average yield of pimenta pepper in Paraguay amounted to less than X kg per ha in 2022, leveling off at the previous year's figure. In general, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of pimenta pepper production in Paraguay was estimated at less than X ha, approximately reflecting 2021 figures. Overall, the harvested area saw a relatively flat trend pattern.

Pimenta Pepper Exports

Exports from Paraguay

Pimenta pepper exports from Paraguay stood at X kg in 2021, approximately mirroring 2020. Overall, exports recorded a dramatic descent. The smallest decline of 99.9% was in 2017. The exports peaked at X kg in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, pimenta pepper exports totaled $X in 2021. In general, exports continue to indicate a abrupt decrease. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X kg) was the main destination for pimenta pepper exports from Paraguay, accounting for a 75% share of total exports. Moreover, pimenta pepper exports to Spain exceeded the volume sent to the second major destination, Azerbaijan (X kg), threefold.

From 2016 to 2021, the average annual growth rate of volume to Spain was relatively modest.

In value terms, the largest markets for pimenta pepper exported from Paraguay were Spain ($X) and Azerbaijan ($X).

In terms of the main countries of destination, Spain, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average pimenta pepper export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price recorded significant growth. The most prominent rate of growth was recorded in 2017 a decrease of 99.9%. The export price peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Spain amounted to $X per ton.

From 2016 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports

Imports into Paraguay

In 2022, the amount of pimenta pepper imported into Paraguay reached X tons, increasing by 11% compared with the previous year's figure. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 195%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, pimenta pepper imports declined to $X in 2022. Over the period under review, imports recorded a modest increase. The growth pace was the most rapid in 2013 with an increase of 159%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil (X tons), Argentina (X tons) and Sri Lanka (X tons) were the main suppliers of pimenta pepper imports to Paraguay, with a combined 94% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +59.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pimenta pepper suppliers to Paraguay were Argentina ($X), Brazil ($X) and Sri Lanka ($X), with a combined 95% share of total imports.

Brazil, with a CAGR of +44.0%, saw the highest growth rate of the value of imports, among 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, reducing by -17.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2015 when the average import price increased by 47%. The import price peaked at $X per ton in 2012; however, from 2013 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 Argentina ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform