Spain and the Netherlands are losing market share on the European pepper market

Published 2023년 12월 20일

Tridge summary

Spain and the Netherlands have lost market share in the European pepper market to Morocco and Turkey in the first nine months of this year. Despite a decrease in volume, the value of Spain's pepper sales to the EU increased, with an average price rise. The EU member states purchased 860.46 million kilos of peppers between January and September, a 6.77% decrease from the same period in 2019.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During the first nine months of this year, Spain and the Netherlands have lost market share in the European pepper market in favor of Morocco and Turkey, according to a report prepared by the Spanish news service Hortoinfo based on data from Euroestacom. Spain delivered 357.46 million kilos of peppers to the EU from January to September, 82.39 million kilos less than in the same period of 2019 (-18.73%). The value of those sales did increase, namely by €199.95 million to €891.46 million (+28.91%). The average price had risen from €1.57 per kilo in 2019 to €2.49 per kilo in 2023. The Netherlands sold 192.54 million kilos of peppers in the EU (10.01%), worth €461.66 million. The average price was €2.40 per kilo. Morocco was the third largest supplier with 93.44 million kilos (+32.51%). The value of Moroccan pepper exports to the EU amounted to €128.09 million and the average price was €1.37 per kilo. Turkey was in fourth place with 41.57 million kilos (+68.17%). The value ...
Source: AGF

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