In 2023, Vietnam commanded the largest share of global pepper demand at 25.75 thousand metric tons, followed by the United States with 10.63, and China with 7.81. India, Indonesia, and Malaysia also held significant portions. Notable growth was observed in Vietnam and the United Arab Emirates, with Vietnam experiencing a year-on-year increase of 4.56%. Conversely, Indonesia saw a decline of 0.97%. The market dynamics remained stable for many other countries, showing negligible change.
Looking ahead, Vietnam's dominance is expected to continue, with potential growth in countries like Brazil. Attention should be paid to emerging markets and geopolitical factors influencing supply chains.
Top countries in Pepper Demand Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Vietnam | 25.75 | 2023 | +6.16% | +4.56% | View data |
| 2 | 2 United States | 10.63 | 2023 | 0% | +0.32% | View data |
| 3 | 3 China | 7.81 | 2023 | 0% | +0.87% | View data |
| 4 | 4 India | 6.98 | 2023 | +2.44% | +0.98% | View data |
| 5 | 5 Indonesia | 6.64 | 2023 | 0% | -0.97% | View data |
| 6 | 6 Malaysia | 3.82 | 2023 | 0% | 0% | View data |
| 7 | 7 Brazil | 3.16 | 2023 | +5.56% | +2.25% | View data |
| 8 | 8 Sri Lanka | 3.16 | 2023 | 0% | +1.09% | View data |
| 9 | 9 Germany | 2.66 | 2023 | 0% | 0% | View data |
| 10 | 10 United Kingdom of Great Britain and Northern Ireland | 1.99 | 2023 |
