Brazil - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBrazil's Pepper Export Plummets to $252M in 2023
Brazil Piper Pepper Exports
In 2023, overseas shipments of piper pepper decreased by -6.8% to 80K tons, falling for the second consecutive year after five years of growth. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2017 with an increase of 91% against the previous year. Over the period under review, the exports hit record highs at 93K tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
In value terms, piper pepper exports reduced notably to $252M (IndexBox estimates) in 2023. Over the period under review, total exports indicated moderate growth from 2013 to 2023: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by -18.8% against 2021 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 66%. Over the period under review, the exports attained the maximum at $348M in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.
| COUNTRY | Export Value of Piper Pepper in Brazil (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Vietnam | 5.2 | 18.7 | 18.0 | 4.6 | 15.0 | 23.9 | 29.3 | 24.8 | 21.5 | 66.8 | 50.8 |
| Morocco | 0.2 | N/A | N/A | 0.3 | 7.2 | 19.4 | 13.0 | 14.6 | 14.7 | 21.7 | 23.2 |
| United Arab Emirates | 0.6 | 1.0 | 3.1 | 2.0 | 5.3 | 3.6 | 5.8 | 10.3 | 39.1 | 32.9 | 22.6 |
| Pakistan | 2.8 | 0.8 | 3.0 | 5.1 | 2.5 | 1.6 | 7.6 | 7.0 | 21.4 | 14.7 | 18.9 |
| India | 1.9 | 4.1 | 4.1 | 3.2 | 9.2 | 5.3 | 10.0 | 8.5 | 14.8 | 20.8 | 18.9 |
| Senegal | 1.2 | 0.8 | 1.2 | 1.6 | 1.6 | 2.2 | 2.4 | 3.3 | 8.3 | 13.8 | 18.8 |
| Germany | 44.1 | 80.3 | 90.5 | 73.7 | 66.9 | 38.3 | 26.8 | 28.1 | 47.4 | 22.9 | 13.7 |
| Mexico | 12.3 | 18.3 | 17.2 | 14.1 | 18.7 | 11.4 | 8.3 | 5.3 | 7.6 | 11.3 | 11.9 |
| France | 10.6 | 18.5 | 24.1 | 19.5 | 15.1 | 9.7 | 6.3 | 5.0 | 4.1 | 2.6 | 3.2 |
| United States | 75.7 | 101 | 117 | 59.8 | 56.1 | 30.8 | 18.2 | 25.3 | 33.4 | 18.2 | 1.0 |
| Others | 45.7 | 50.3 | 69.9 | 63.2 | 76.8 | 48.8 | 54.7 | 55.4 | 98.3 | 83.4 | 69.2 |
| Total | 200 | 294 | 348 | 247 | 274 | 195 | 182 | 188 | 311 | 309 | 252 |
Exports by Country
Vietnam (17K tons) was the main destination for piper pepper exports from Brazil, with a 21% share of total exports. Moreover, piper pepper exports to Vietnam exceeded the volume sent to the second major destination, the United Arab Emirates (7.6K tons), twofold. The third position in this ranking was taken by Morocco (7.4K tons), with a 9.2% share.
From 2013 to 2023, the average annual growth rate of volume to Vietnam amounted to +36.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+55.6% per year) and Morocco (+73.4% per year).
In value terms, Vietnam ($51M) remains the key foreign market for piper pepper exports from Brazil, comprising 20% of total exports. The second position in the ranking was taken by Morocco ($23M), with a 9.2% share of total exports. It was followed by the United Arab Emirates, with an 8.9% share.
From 2013 to 2023, the average annual rate of growth in terms of value to Vietnam amounted to +25.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+61.8% per year) and the United Arab Emirates (+43.0% per year).
Exports by Type
Pepper of the genus piper, neither crushed nor ground (80K tons) was the largest type of piper pepper exported from Brazil, with a 99% share of total exports. It was followed by pepper (of the genus piper), crushed or ground (852 tons), with a 1.1% share of total exports.
From 2013 to 2023, the average annual rate of growth in terms of the volume of pepper of the genus piper, neither crushed nor ground exports totaled +10.0%.
In value terms, pepper of the genus piper, neither crushed nor ground ($249M) remains the largest type of piper pepper exported from Brazil, comprising 99% of total exports. The second position in the ranking was taken by pepper (of the genus piper), crushed or ground ($3.7M), with a 1.5% share of total exports.
From 2013 to 2023, the average annual rate of growth in terms of the value of pepper of the genus piper, neither crushed nor ground exports totaled +2.2%.
Export Prices by Country
In 2023, the piper pepper price stood at $3,134 per ton (FOB, Brazil), falling by -12.5% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 61%. The export price peaked at $9,149 per ton in 2015; however, from 2016 to 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2023, amid the top suppliers, the countries with the highest prices were Argentina ($4,135 per ton) and Germany ($3,721 per ton), while the average price for exports to Turkey ($2,952 per ton) and the United Arab Emirates ($2,956 per ton) were amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-5.4%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the piper pepper market in Brazil. 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 687 - Pepper
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
