Europe: Chili And Pepper Market 2024

Chili And Pepper Market Size in Europe

The Europe chili and pepper market was estimated at $X in 2023, surging by X% against the previous year. 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 level of consumption peaked in 2023 and is expected to retain growth in the near future.

Chili And Pepper Production in Europe

In value terms, chili and pepper production stood at $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 in certain years. The growth pace was the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Spain (X tons) remains the largest chili and pepper producing country in Europe, accounting for 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. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume in Spain stood at X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Poland (X% per year).

In 2023, the average chili and pepper yield in Europe declined to X tons per ha, shrinking by X% compared with the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2022 when the yield increased by 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 total area harvested in terms of chilies and peppers (green) production in Europe expanded sharply to X ha, picking up by X% against the year before. Overall, the harvested area, however, showed a slight decrease. Over the period under review, the harvested area dedicated to chili and pepper production attained the peak figure at X ha in 2016; however, from 2017 to 2023, the harvested area stood at a somewhat lower figure.

Chili And Pepper Exports

Exports in Europe

In 2023, overseas shipments 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 somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced 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% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain was the largest exporter of chilies and peppers (green) in Europe, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. It was distantly followed by the Netherlands (X tons), generating a X% share of total exports. France (X tons), Belgium (X tons), Austria (X tons), Poland (X tons), North Macedonia (X tons) and Hungary (X tons) took a little share of total exports.

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, Spain ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports. Belgium, Austria, Poland, Hungary and North Macedonia lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, 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 ($X per ton), while North Macedonia ($X per ton) was amongst the lowest.

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

Chili And Pepper Imports

Imports in Europe

In 2023, after two years of decline, there was growth in supplies from abroad of chilies and peppers (green), when their volume increased by X% to X tons. 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 somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, chili and pepper imports skyrocketed 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 throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Germany (X tons), distantly followed by the UK (X tons), France (X tons), Russia (X tons), the Netherlands (X tons) and Spain (X tons) were the key importers of chilies and peppers (green), together constituting X% of total imports. The following importers - Italy (X tons), Poland (X tons), Austria (X tons), Belgium (X tons), Romania (X tons), the Czech Republic (X tons) and Switzerland (X tons) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. The Netherlands, Poland, Austria, Italy, Russia, Belgium, Spain, Switzerland, Romania and the Czech Republic lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Europe amounted to $X per ton, jumping 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 Switzerland ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform