Southern Asia: Piper Pepper Market 2024

Piper Pepper Market Size in Southern Asia

In 2022, the South Asian piper pepper market was finally on the rise to reach $X after two years of decline. In general, consumption recorded a resilient increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Piper Pepper Production in Southern Asia

In value terms, piper pepper production shrank modestly to $X in 2022 estimated in export price. The total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were India (X tons) and Sri Lanka (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Sri Lanka (with a CAGR of X%).

The average piper pepper yield contracted to X kg per ha in 2022, stabilizing at the previous year's figure. The yield indicated a prominent increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, piper pepper yield increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the yield increased by X%. The level of yield peaked at X kg per ha in 2018; however, from 2019 to 2022, the yield remained at a 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, the total area harvested in terms of piper pepper production in Southern Asia amounted to X ha, growing by X% against the previous year's figure. Overall, the harvested area, however, continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Piper Pepper Exports

Exports in Southern Asia

In 2022, the amount of piper pepper exported in Southern Asia declined dramatically to X tons, dropping by X% against the previous year's figure. Overall, exports saw a mild contraction. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, piper pepper exports declined remarkably to $X in 2022. Over the period under review, exports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

India represented the largest exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Sri Lanka (X tons), making up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of X%).

In value terms, India ($X) and Sri Lanka ($X) were the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Sri Lanka, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, dropping by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while India amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (X%).

Piper Pepper Imports

Imports in Southern Asia

In 2022, the amount of piper pepper imported in Southern Asia reduced to X tons, which is down by X% against the previous year. Overall, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then contracted in the following year.

In value terms, piper pepper imports amounted to $X in 2022. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) represented the largest importer of piper pepper, generating X% of total imports. It was distantly followed by Pakistan (X tons) and Bangladesh (X tons), together mixing up a X% share of total imports. Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to piper pepper imports into India stood at X%. At the same time, Bangladesh (X%), Pakistan (X%) and Nepal (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. India (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported piper pepper in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with an X% share of total imports. It was followed by Bangladesh, with a X% share.

In India, piper pepper imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nepal ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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