Key Market Indicators
Demand for Malagasy Peppers is projected to remain flat at 1 thousand metric tons in 2021. Over the next five years, no significant changes are expected in the total volume of demand. Consumption of Malagasy peppers is expected to remain unchanged at 1,000 metric tons in 2021. Over the next five years, the average annual growth rate is projected to be zero. Since 2017, Malagasy demand has remained unchanged. Production of Malagasy peppers is forecast to reach 606 metric tons in 2026, a 2.5% year-on-year increase from 524 metric tons in 2021. Since 1995, supply has grown at an average annual rate of 4.2%. Belize was the largest supplier in 2021 with 524 metric tons, followed by Mexico, Indonesia and Spain.
