Thailand: Pimenta Pepper Market 2025

Pimenta Pepper Market Size in Thailand

The Thai pimenta pepper market contracted to $X in 2022, falling by -9.2% against the previous year. The market value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Pimenta Pepper Production in Thailand

In value terms, pimenta pepper production shrank significantly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 80%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

In 2022, the average yield of pimenta pepper in Thailand reduced slightly to X tons per ha, remaining stable against the year before. The yield figure increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the yield increased by 33%. The pimenta pepper yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of pimenta pepper were harvested in Thailand; approximately mirroring 2021. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 8.3%. Over the period under review, the harvested area dedicated to pimenta pepper production attained the peak figure at X ha in 2021, and then dropped modestly in the following year.

Pimenta Pepper Exports

Exports from Thailand

In 2022, approx. X tons of pimenta pepper were exported from Thailand; with a decrease of -12.4% against 2021 figures. Overall, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 190% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, pimenta pepper exports fell to $X in 2022. In general, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by 115%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for pimenta pepper exports from Thailand, accounting for a 60% share of total exports. Moreover, pimenta pepper exports to the Netherlands exceeded the volume sent to the second major destination, Lao People's Democratic Republic (X tons), fourfold. Myanmar (X tons) ranked third in terms of total exports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lao People's Democratic Republic (+85.8% per year) and Myanmar (+49.7% per year).

In value terms, the Netherlands ($X) remains the key foreign market for pimenta pepper exports from Thailand, comprising 35% of total exports. The second position in the ranking was taken by the United States ($X), with a 16% share of total exports. It was followed by Lao People's Democratic Republic, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+6.3% per year) and Lao People's Democratic Republic (+80.6% per year).

Export Prices by Country

The average pimenta pepper export price stood at $X per ton in 2022, with an increase of 2% against the previous year. Overall, the export price, however, saw a abrupt setback. The growth pace was the most rapid in 2016 when the average export price increased by 33% against the previous year. The export price peaked 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Netherlands ($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 Myanmar (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports

Imports into Thailand

In 2022, after two years of growth, there was decline in purchases abroad of pimenta pepper, when their volume decreased by -1.7% to X tons. In general, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.4% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by 36%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pimenta pepper imports rose markedly to $X in 2022. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 109%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of pimenta pepper to Thailand, accounting for a 64% share of total imports. Moreover, pimenta pepper imports from India exceeded the figures recorded by the second-largest supplier, Myanmar (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Myanmar (+59.8% per year) and China (+5.2% per year).

In value terms, India ($X) constituted the largest supplier of pimenta pepper to Thailand, comprising 70% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.9% per year) and Myanmar (+46.4% per year).

Import Prices by Country

The average pimenta pepper import price stood at $X per ton in 2022, picking up by 11% against the previous year. In general, the import price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 54%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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