Key Market Indicators
Chinese peppers consumption is predicted to decrease slightly, dropping by 1.9% year on year on average over the next five years. In 2021, consumption reached 139,000 metric tons, down 5.4% since 2017. Production of peppers in China is forecast to grow by 1.6% year on year on average over the next five years, totalling 21.7 million metric tons in 2026. This figure is up 2.3% since 1966. Mexico, Indonesia and Spain are the next highest producers.