EU: Chili And Pepper Market 2024

Chili And Pepper Market Size in the EU

For the fifth consecutive year, the EU chili and pepper market recorded growth in sales value, which increased by X% to $X in 2023. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. The level of consumption peaked in 2023 and is likely to see steady growth in years to come.

Chili And Pepper Production in the EU

In value terms, chili and pepper production rose modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Spain (X tons) constituted the country with the largest volume of chili and pepper production, comprising approx. X% of total volume. Moreover, chili and pepper production in Spain exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), threefold. Poland (X tons) ranked third in terms of total production with an X% share.

From 2012 to 2023, the average annual growth rate of volume in Spain stood at X%. The remaining producing countries recorded the following average annual rates of production growth: the Netherlands (X% per year) and Poland (X% per year).

In 2023, the average chili and pepper yield in the European Union shrank to X tons per ha, waning by X% compared with 2022. The yield indicated measured growth from 2012 to 2023: its figure increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, chili and pepper yield increased by X% against 2012 indices. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, the yield attained the peak level of X tons per ha, and then shrank 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.

In 2023, the chili and pepper harvested area in the European Union rose to X ha, with an increase of X% against 2022 figures. Over the period under review, the harvested area, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to chili and pepper production attained the peak figure at X ha in 2013; however, from 2014 to 2023, the harvested area remained at a lower figure.

Chili And Pepper Exports

Exports in the EU

In 2023, shipments abroad of chilies and peppers (green) decreased by X% to X tons, falling for the third consecutive year after four years of growth. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, chili and pepper exports skyrocketed to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, Spain (X tons) was the largest exporter of chilies and peppers (green), achieving X% of total exports. It was distantly followed by the Netherlands (X tons), mixing up a X% share of total exports. France (X tons), Belgium (X tons), Austria (X tons), Poland (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Austria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest chili and pepper supplying countries in the European Union were Spain ($X), the Netherlands ($X) and France ($X), with a combined X% share of total exports. Belgium, Austria, Poland and Hungary lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Chili And Pepper Imports

Imports in the EU

In 2023, supplies from abroad of chilies and peppers (green) decreased by X% to X tons, falling for the second consecutive year after five years of growth. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, chili and pepper imports surged to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Germany (X tons), distantly followed by France (X tons), the Netherlands (X tons), Spain (X tons), Italy (X tons), Poland (X tons) and Austria (X tons) were the major importers of chilies and peppers (green), together making up X% of total imports. The following importers - Belgium (X tons), Romania (X tons), the Czech Republic (X tons), Bulgaria (X tons), Sweden (X tons) and Portugal (X tons) - together made up X% of total imports.

Germany experienced a relatively flat trend pattern with regard to volume of imports of chilies and peppers (green). At the same time, Spain (X%), Romania (X%), Austria (X%), Bulgaria (X%), Portugal (X%), Belgium (X%), Poland (X%) and France (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. Italy, Sweden and the Czech Republic experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. While the share of Spain (X p.p.), Austria (X p.p.) and Romania (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Germany (X p.p.) and the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported chilies and peppers (green) in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

In Germany, chili and pepper imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform