Pepper Market - India’s Pepper Exports Surged 38% in 2014 Spices, Aromatic, Drug And Pharmaceutical Crops September 24, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

pepper market

India dominates in the global pepper trade. In 2014, India exported 364 thousand tonnes of pepper totaling 735 million USD, 38% over the previous year. Its primary trading partner on the global pepper market was the U.S., where it supplied 18% of its total pepper exports in value terms, accounting for 16% of the U.S. total imports.

From 2007 to 2014, India was a net exporter of pepper. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was more pronounced.

Indonesia and Brazil were among the other main global suppliers of pepper in 2014. However, the fastest growing exporters from 2007 to 2014 were Singapore (+18% per year) and Indonesia (+14% per year). Indonesia significantly strengthened its position in the global export structure.

In 2014, India's top 5 trading partners were the U.S., Viet Nam, Thailand, Malaysia and Sri Lanka, with a combined 61% share of India's pepper exports. The share of Thailand increased significantly (+12 percentage points), while the share of Malaysia illustrated negative dynamics (-14 percentage points).

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Source: World: Pepper - Market Report. Analysis And Forecast To 2020