Global Black Pepper Exports: Overview

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Global Black Pepper Exports: Overview

The global export of black pepper is estimated to increase at a robust CAGR of 2.7% during 2017–2022. Geographically, India and Vietnam are the two leading exporters of black pepper in the world. In 2016, these two countries accounted for nearly 60% of worldwide black pepper exports. In value terms, Vietnam ($874M), Indonesia ($194M), India ($127M), and Madagascar ($5.90M) appeared as the countries with the highest levels of exports in 2016, with a combined 38% share of global exports. They were followed by Malaysia (7%), China (6%), Brazil (5%), Sri Lanka (5%), Ecuador (4%), and Bangladesh (3%). Cambodia registered the highest growth rate of the top exporting countries (+75% per year). Due to the growing demand for pepper worldwide, the market use is expected to increase over the next seven years. Expanding with an expected CAGR of + 1.2% for the seven-year period from 2018 to 2025, the market volume is projected to reach 840K tonnes by the end of 2025. Black pepper global trade The global black pepper export volume in the first quarter of 2020 was about 45,000 tons, down 18% over the same period last year. Compared with the previous quarter, it decreased by 15%. The decline in global pepper exports has a large impact on its major exporting countries. Vietnam’s exports in the first quarter of 2020 were 3,500 tons, a decrease of 21% over the same period last year. Compared with the previous quarter, it decreased by 31%. India’s exports in the first quarter of 2020 were around 8,000 tons, down 16% over the same period last year. Compared with the previous quarter, it decreased by 26%.


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Global Black Pepper Exports: Overview by tradologieglobal - Issuu