MERCOSUR: Piper Pepper Market 2024

Piper Pepper Market Size in MERCOSUR

For the third year in a row, the MERCOSUR piper pepper market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated modest 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, consumption increased by X% against 2019 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Piper Pepper Production in MERCOSUR

In value terms, piper pepper production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a slight reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of piper pepper production was Brazil (X tons), accounting for X% of total volume. Moreover, piper pepper production in Brazil exceeded the figures recorded by the second-largest producer, Ecuador (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume in Brazil totaled X%.

The average piper pepper yield contracted modestly to X tons per ha in 2022, stabilizing at the previous year's figure. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the yield increased by X%. Over the period under review, the piper pepper yield attained the peak level at X tons per ha in 2021, and then declined modestly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The piper pepper harvested area shrank to X ha in 2022, flattening at the previous year. Overall, the harvested area, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to piper pepper production reached the peak figure at X ha in 2021, and then contracted in the following year.

Piper Pepper Exports

Exports in MERCOSUR

In 2022, after five years of growth, there was significant decline in overseas shipments of piper pepper, when their volume decreased by X% to X tons. Over the period under review, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021, and then dropped in the following year.

In value terms, piper pepper exports declined slightly to $X in 2022. Total exports indicated pronounced 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Ecuador (X tons) held a little share of total exports.

Brazil was also the fastest-growing in terms of the piper pepper exports, with a CAGR of X% from 2012 to 2022. At the same time, Ecuador (X%) displayed positive paces of growth. While the share of Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ecuador (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest piper pepper supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Ecuador ($X), with a X% share of total exports.

In Brazil, piper pepper exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Ecuador amounted to $X per ton.

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

Piper Pepper Imports

Imports in MERCOSUR

In 2022, imports of piper pepper in MERCOSUR expanded significantly to X tons, increasing by X% compared with the previous year's figure. Total imports indicated a pronounced expansion from 2012 to 2022: its volume 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, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, piper pepper imports surged to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X tons) and Peru (X tons) were the major importers of piper pepper in MERCOSUR, together recording near X% of total imports. Colombia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Chile (X%) and Ecuador (X%). Brazil (X tons) and Uruguay (X tons) held a little share of total imports.

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

In value terms, the largest piper pepper importing markets in MERCOSUR were Argentina ($X), Peru ($X) and Chile ($X), with a combined X% share of total imports. Colombia, Uruguay, Brazil and Ecuador lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Ecuador, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uruguay ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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