Report Update Jan 1, 2025

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

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Uruguay: Pimenta Pepper Market 2025

Pimenta Pepper Market Size in Uruguay

For the third year in a row, the Uruguayan pimenta pepper market recorded growth in sales value, which increased by 3.3% to $X in 2022. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Pimenta pepper consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pimenta Pepper Exports

Exports from Uruguay

In 2022, pimenta pepper exports from Uruguay dropped to X kg, which is down by -10.1% against the previous year. Overall, exports, however, continue to indicate a temperate increase. The pace of growth appeared the most rapid in 2018 with an increase of 222%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, pimenta pepper exports declined to $X in 2022. In general, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 387% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Guatemala (X kg), the United States (X kg) and the UK (X kg) were the main destinations of pimenta pepper exports from Uruguay.

From 2012 to 2022, the biggest increases were recorded for Guatemala (with a CAGR of +20.2%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for pimenta pepper exported from Uruguay were Guatemala ($X), the United States ($X) and the UK ($X), together accounting for 99.9% of total exports.

Among the main countries of destination, Guatemala, with a CAGR of +23.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average pimenta pepper export price stood at $X per ton in 2022, growing by 5.5% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pimenta pepper export price decreased by -17.6% against 2017 indices. The most prominent rate of growth was recorded in 2016 an increase of 60%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the United States ($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 Chile (+57.6%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports

Imports into Uruguay

In 2022, supplies from abroad of pimenta pepper decreased by -7% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 33% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, pimenta pepper imports expanded significantly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 24%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of pimenta pepper to Uruguay, with a 76% share of total imports. Moreover, pimenta pepper imports from China exceeded the figures recorded by the second-largest supplier, Chile (X tons), sevenfold. Argentina (X tons) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-6.0% per year) and Argentina (-7.6% per year).

In value terms, China ($X) constituted the largest supplier of pimenta pepper to Uruguay, comprising 63% of total imports. The second position in the ranking was held by Spain ($X), with a 15% share of total imports. It was followed by Chile, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+8.2% per year) and Chile (-5.5% per year).

Import Prices by Country

In 2022, the average pimenta pepper import price amounted to $X per ton, rising by 13% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

India remains the largest pimenta pepper consuming country worldwide, 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?

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

What are the leading suppliers of pimenta pepper to Uruguay?

In value terms, China constituted the largest supplier of pimenta pepper to Uruguay, comprising 60% of total imports. The second position in the ranking was occupied by Chile, with a 25% share of total imports. It was followed by Spain, with an 11% share.

What are the leading importers of pimenta pepper from Uruguay?

In value terms, the United States remains the key foreign market for pimenta pepper exports from Uruguay, comprising 81% of total exports. The second position in the ranking was occupied by Guatemala, with a 19% share of total exports.

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

The average pimenta pepper export price stood at $8,225 per ton in 2021, rising by 3.6% against the previous year.

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

In 2021, the average pimenta pepper import price amounted to $3,577 per ton, picking up by 59% against the previous year.

This report provides an in-depth analysis of the pimenta pepper market in Uruguay. 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:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
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