India leads the global capsicum export market with a 48.01% share, followed by China with 24.61%, and Spain at 7.04%. The dominance of these countries is notably maintained due to substantial year-on-year gains, particularly India (4.62%). Several countries including Poland and Romania exhibit noticeable growth in export shares, with year-on-year increases of 7.37% and 6.27% respectively. Meanwhile, perennial exporters like Mexico and Thailand secure moderate growth at 3.71% and 4.58%.
Countries such as Brazil, Morocco, and Chile experienced declines in capsicum exports. Mozambique, Bosnia and Herzegovina, and Benin demonstrated remarkable year-on-year growth, suggesting emerging export capacity. Anticipated trends underscore budding markets like Greece and Portugal potentially enhancing their export shares despite slower growth in established markets.
Top countries in Export of Capsicum Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 48.01 | 2023 | +3.28% | +4.62% | View data |
| 2 | 2 China | 24.61 | 2023 | +3.68% | +3.32% | View data |
| 3 | 3 Spain | 7.04 | 2023 | +2.96% | +3.01% | View data |
| 4 | 4 Mexico | 3.64 | 2023 | +3.46% | +3.71% | View data |
| 5 | 5 Peru | 2.69 | 2023 | -2.24% | -1.49% | View data |
| 6 | 6 Thailand | 1.72 | 2023 | +4.5% | +4.58% | View data |
| 7 | 7 Myanmar | 1 | 2023 | +4.82% | +3.62% | View data |
| 8 | 8 Germany | 0.9 | 2023 | +2.64% | +2.92% | View data |
| 9 | 9 Netherlands | 0.87 | 2023 | +3.21% | +2.59% | View data |
| 10 | 10 United States | 0.83 | 2023 | +2.71% | +1.49% | View data |
