Piper Pepper Market Overview in Cambodia
In value terms, piper pepper production dropped remarkably to $ in 2019 estimated in export prices. Overall, production enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2009 with an increase of % against the previous year. Piper pepper production peaked at $ in 2015; however, from 2016 to 2019, production failed to regain the momentum.
The average yield of piper pepper in Cambodia totaled tonnes per ha in 2019, almost unchanged from the previous year's figure. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by % y-o-y. The piper pepper yield peaked in 2019 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the total area harvested in terms of piper pepper production in Cambodia reduced to ha, therefore, remained relatively stable against the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of % y-o-y. The piper pepper harvested area peaked at ha in 2007; however, from 2008 to 2019, the harvested area remained at a lower figure.
The size of the piper pepper market in Cambodia shrank dramatically to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a sharp decrease. The pace of growth appeared the most rapid in 2015 when the market value increased by % year-to-year. As a result, consumption attained the peak level of $. From 2016 to 2019, the growth of the market failed to regain the momentum.