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Export News
17-10-2024
Global exports of sweet peppers (also known as bell peppers) and chili
peppers reached a remarkable total of US$7.15 billion in 2023. This figure
highlights the thriving pepper export market, showing a 25% increase compared to
the $5.72 billion recorded five years earlier in 2019. Year-over-year,
international sales of these peppers surged by 14.2%, rising from $6.25 billion
in 2022.
The top five pepper export countries in 2023 were Spain, Mexico, the Netherlands, Canada, and the United States. Together, these nations accounted for nearly 74% of global exports, underlining the dominance of a few major players in the market. This concentrated supplier base plays a critical role in meeting global demand.
From a geographical perspective, European exporters led the pepper export market, with shipments valued at $3.48 billion, accounting for 48.7% of the global total. North American exporters followed closely, contributing 34.2%, while Asian exporters supplied 12.2% of the world's pepper exports. Smaller shares came from Africa (3.7%), Latin America (1%), and Oceania (0.2%).
Top Countries in Pepper Export
The following 15 countries were the highest-value pepper export nations in 2023:
· Spain: $1.7 billion (23.7% of global pepper exports)
· Mexico: $1.63 billion (22.8%)
· Netherlands: $1.1 billion (16.1%)
· Canada: $525.2 million (7.3%)
· United States: $293.6 million (4.1%)
· Türkiye: $273.8 million (3.8%)
· Morocco: $242.6 million (3.4%)
· China: $198.1 million (2.8%)
· France: $119.3 million (1.7%)
· Belgium: $103.7 million (1.5%)
· Austria: $87 million (1.2%)
· Israel: $80.8 million (1.1%)
· South Korea: $65.8 million (0.9%)
· Jordan: $58.4 million (0.8%)
· India: $56.5 million (0.8%)
Collectively, these countries represented 92% of the total global pepper export market in 2023.
Several countries saw notable growth in their pepper exports. Austria recorded an impressive 419.5% increase in exports, followed by Jordan (up 43.2%), France (up 37.8%), and mainland China (up 37%). In contrast, South Korea was the only major exporter to see a decline in 2023, with a year-over-year drop of 12.3%.
Major Companies Driving the Pepper Export Market
Key companies that played a significant role in the global pepper export trade in 2023 include:
1. CÔNG TY CỔ PHẦN LIÊN THÀNH: 10.47%, $260.72 million
2. CHI NHÁNH LONG BÌNH CÔNG TY TNHH OLAM VIỆT NAM: 3.3%, $82.05 million
3. AVT MCCORMICK INGREDIENTS PVT LTD: 2.95%, $73.48 million
4. CÔNG TY CỔ PHẦN TẬP ĐOÀN TRÂN CHÂU: 2.94%, $73.32 million
5. CÔNG TY CỔ PHẦN PHÚC SINH: 2.33%, $58.11 million
6. CÔNG TY TNHH CB GIA VỊ NEDSPICE VIỆT NAM: 2.22%, $55.28 million
7. ECOSAC AGRICOLA S A C: 1.76%, $43.74 million
8. ASOCIACIONES AGROINDUSTRIALES SERRANAS: 1.59%, $39.59 million
9. INDIAN PRODUCTS P LIMITED: 1.53%, $38.13 million
10. CÔNG TY CỔ PHẦN SẢN XUẤT DỊCH VỤ XUẤT NHẬP KHẨU HÀ NỘI: 1.47%, $36.49 million
These companies represent some of the key contributors to the global pepper export market, showcasing the diversity of suppliers and the increasing demand for sweet and chili peppers worldwide.
Tendata iTrader aggregates trade data from 218 countries and detailed information on over 130 million import-export enterprises worldwide.
With a daily provision of 10 billion trade records, Tendata swiftly offers contact details of over 700 million top-level executives and decision-makers of import-export enterprises through intelligent filtering, including email addresses, phone numbers, social media profiles, and more. Additionally, we synchronize company profiles, product images, and website links, while providing 19 types of visual reports to assist foreign trade enterprises in precise market positioning and in-depth market analysis, helping you quickly locate the precise purchasers and suppliers you need.
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