The overall picture of the world pepper export market

In recent years, pepper export activities have witnessed fluctuations. To deeply understand the pepper export market, traders must acknowledge detailed information to make the right decision when trading.

Overview about pepper export market

The amount of pepper export in 2020 increased by 2% compared to 2019 and reached 460,000 tons. Vietnam accounted for about 60% of the world’s pepper export amount. Recently, in 2/2021, major pepper-producing countries such as Brazil, India, Vietnam, and Sri Lanka witnessed the highest price of black pepper in 4 years later.

Experts predict the demand will continue to promote by 2-3% while the demand increase by 8 – 10% per year. In 2021, the amount of world pepper production will reach 660,000 tons and up to 1 million tons in 2050.

Varieties of pepper export

There are 3 types of peppers that are being exported in different markets:

• Black pepper
• White pepper
• Pepper Powder

Green pepper and red pepper are mainly used for domestic demand in Vietnam or Brazil.

World’s largest pepper export countries

Being the “King of spices” in the world, the majority of wholesale pepper is exported through the years by 5 countries, including Viet Nam, Brazil, Indonesia, Sri Lanka, and India.

Agricultural countries, including Vietnam, Brazil, and Sri Lanka are the main suppliers of pepper:

• Vietnam: With favorable soil conditions and good farming techniques, Vietnam has become the world’s largest pepper exporter with a volume of 2.4ton/ha. In addition, reasonable best selling Vietnam pepper export price is also an important factor for a large volume of black pepper export.
• Brazil: Having a long history of pepper production and suitable soil condition: lowland, rain, and weather, Brazil dominate the black pepper market.
• Indonesia’s main pepper export markets include Vietnam, China, and the US, accounting for 50% of the country’s total pepper exports. In the first 9 months of 2001, Indonesia’s pepper exports to Vietnam, China decreased by 50% and 40% respectively. Indonesia’s pepper production and productivity decreased to focus on supplying the domestic market.
• Sri Lanka is one of the pepper-producing countries in South Asia popular for its pepper quality: high amount of piperine and a natural antioxidant. Sri Lanka’s best-performing destinations for pepper are India, Germany, the U.S, and Spain. India is the largest importer of Sri Lanka pepper due to the preference for import tax under SAFTA.

Elements impact pepper export activities

There are many factors affecting pepper export price, but the following factors are the main ones.

• Supply and demand
• Logistic
• Government Policies 

These factors can largely impact the supply chains and the price of pepper export. To prevent being sold at exorbitant prices, shoppers must pay attention and update the export price of pepper in the market on a regular basis.