Report Update Jan 1, 2025

Singapore - Chilies and Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Chili And Pepper Market 2025

Chili And Pepper Market Size in Singapore

For the fourth year in a row, the Singaporean chili and pepper market recorded growth in sales value, which increased by 11% to $X in 2022. The market value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Chili And Pepper Exports

Exports from Singapore

In 2022, after two years of decline, there was significant growth in shipments abroad of chilies and peppers (green), when their volume increased by 25% to X tons. Over the period under review, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when exports increased by 45% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, chili and pepper exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 59% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Brunei Darussalam (X tons), Indonesia (X tons) and Timor-Leste (X tons) were the main destinations of chili and pepper exports from Singapore, with a combined 85% share of total exports. Malaysia, Hong Kong SAR, Mauritius and Cambodia lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +47.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chili and pepper exported from Singapore were Indonesia ($X), Brunei Darussalam ($X) and Timor-Leste ($X), with a combined 93% share of total exports. Malaysia, Hong Kong SAR, Cambodia and Mauritius lagged somewhat behind, together accounting for a further 6%.

Among the main countries of destination, Mauritius, with a CAGR of +28.9%, recorded the highest growth rate of the value of exports, 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 chili and pepper export price amounted to $X per ton, growing by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2020 when the average export price increased by 16%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Malaysia ($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 Indonesia (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Chili And Pepper Imports

Imports into Singapore

After four years of growth, purchases abroad of chilies and peppers (green) decreased by -0.4% to X tons in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 3%. Imports peaked at X tons in 2021, and then fell slightly in the following year.

In value terms, chili and pepper imports amounted to $X in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by 15% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Vietnam (X tons), Malaysia (X tons) and Thailand (X tons) were the main suppliers of chili and pepper imports to Singapore, with a combined 90% share of total imports. India and China lagged somewhat behind, together comprising a further 8.8%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +11.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chili and pepper suppliers to Singapore were Vietnam ($X), Malaysia ($X) and Thailand ($X), with a combined 88% share of total imports. India and China lagged somewhat behind, together accounting for a further 8.2%.

India, with a CAGR of +14.2%, saw the highest rates of growth with regard to 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

The average chili and pepper import price stood at $X per ton in 2022, with an increase of 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per ton) and India ($X per ton), while the price for Malaysia ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.5%), 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 chilies and peppers (green) in the world?

China remains the largest chili and pepper consuming country worldwide, accounting for 46% of total volume. Moreover, chili and pepper consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia, sixfold. The third position in this ranking was occupied by Turkey, with a 7.1% share.

What are the largest producers of chilies and peppers (green) in the world?

China remains the largest chili and pepper producing country worldwide, comprising approx. 46% of total volume. Moreover, chili and pepper production in China exceeded the figures recorded by the second-largest producer, Mexico, fivefold. The third position in this ranking was occupied by Indonesia, with a 7.4% share.

What are the leading suppliers of chilies and peppers (green) to Singapore?

In value terms, the largest chili and pepper suppliers to Singapore were Vietnam, Malaysia and Thailand, with a combined 87% share of total imports. India and China lagged somewhat behind, together accounting for a further 7.6%.

What are the leading importers of chilies and peppers (green) from Singapore?

In value terms, Indonesia remains the key foreign market for chili and pepper exports from Singapore, comprising 52% of total exports. The second position in the ranking was occupied by Brunei Darussalam, with a 24% share of total exports. It was followed by Malaysia, with a 14% share.

What is the average export price for chilies and peppers (green) in Singapore?

The average chili and pepper export price stood at $2,341 per ton in 2021, declining by -13.6% against the previous year.

What is the average import price for chilies and peppers (green) in Singapore?

In 2021, the average chili and pepper import price amounted to $1,580 per ton, with a decrease of -6.2% against the previous year.

This report provides an in-depth analysis of the chili and pepper market in Singapore. 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 401 - Chillies and peppers (green)

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024