Updated Jan 15, 2023 10:10

Piper Pepper Market in the Netherlands

Market Overview
In , the Dutch piper pepper market increased by % to $, rising for the second year in a row after two years of decline. In general, consumption continues to indicate a buoyant increase. Over the period under review, the market attained the maximum level at $ in 2011; however, from 2012 to , consumption remained at a lower figure.


Consumption
In , the amount of piper pepper consumed in the Netherlands surged to tons, rising by % on the year before. In general, consumption enjoyed a strong expansion. Piper pepper consumption peaked at tons in 2011; however, from 2012 to , consumption stood at a somewhat lower figure.

The value of the piper pepper market in the Netherlands soared to $ in , with an increase of % 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). Over the period under review, consumption showed prominent growth. Piper pepper consumption peaked at $ in 2011; however, from 2012 to , consumption remained at a lower figure.


Market Forecast
The piper pepper market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Piper pepper market in the Netherlands consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
The Netherlands remains a net importer of piper pepper; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.