Black PepperBlack Pepper
is one of the most important spices grown and exported from India. Like other
spices, it too has great domestic demand so quantity left for export is limited.
It is mainly used as spice and its consumption is also known to have many
health benefits. Though there are also white pepper and green pepper, black one
is the most traded one, all being produced from the same fruit. Peppers are used
in whole as well as grounded form all over the world.
In India, the
harvesting period is Nov-March with South India growing almost all the pepper
production. India, Vietnam, Brazil, Thailand, China, Madagascar, Sri Lanka,
Indonesia are the major producers and exporters of pepper with Vietnam
leading the both world production as well world exports chart. The harvesting
season in Vietnam is March-May while in Indonesia it is July-Oct and Brazil August-Oct
whereas in Malaysia it is May-Aug.
India's main export is of Malabar grade
black pepper. The country itself is a very big consumer of spices so the
quantity available for export is limited as compared to its competitors. U.S.,
Italy, Germany, Canada among other countries are big importers of Indian pepper
due to its quality which is why it rules at the premium in International market.
India also export pepper oil, pepper oleoresins, green pepper in brine, dehydrated
green pepper etc.
The prices of pepper are highly
volatile like other spices as India itself is a very big consumer of it so if
any production fluctuation occurs it affects it hard. Also the world production
and demand plays the major role in pepper
prices. The stockists and speculators also play a major role in
its prices. The availablity of pepper futures have given the exporters an opportunity
to hedge their risks. Black Pepper Prices (Indicative
Pepper MGI Commodity Prices in US$ PMT FOB port, India) | 
