Key Market Indicators
Consumption is expected to reach 4.2 million metric tons by 2026, growing at 0.6% CAGR. Argentina's production of peppers is set to reach 170,000 metric tons by 2026, up from 158,200 metric tons in 2021. This marks an annual growth rate of 0.8%. Since 1966, the country's supply has increased by 1% each year. In 2021, it was ranked 21st in the world, overtaken by Greece's 158,200 metric tons. Mexico, Indonesia, and Spain took the top three spots in that order. In 2018, Argentina's pepper consumption had reached 4 thousand metric tons, up from 4 thousand metric tons in 2017. It's expected to reach 4.2 million metric tons by 2026, growing at a yearly rate of 0.6%.
