Pepper market in Grenada

Earlier Report Observations

The pepper market in Grenada underwent a major contraction from 2018 to 2023, with total volume falling by nearly half from 763 t to 383 t. The most severe drop occurred in 2019, when the market size plummeted to 458 t.

Following a partial recovery to 522 t in 2020, the market resumed its decline over the next two years, reaching a low of 370 t in 2022. A modest rebound to 383 t was recorded in 2023, signaling a potential stabilization after years of volatility.

Domestic production followed a similar trajectory, declining from 706 t to 362 t across the period. Import volumes varied significantly, with a sharp rise to 88 t observed in 2024, although the full impact on the market for that year remains to be seen.

Production pepper in Grenada

In kind, 2017-2020, t

From 2017 to 2020, Grenada ranked 28th globally in pepper production.

Top producers of pepper, 2017-2020

World map of production of pepper, 2017-2020

In 2020, Grenada produced 505.5 t of pepper, representing a significant increase of 15.2% compared to 2019. Over the 2017-2020 period, overall production declined by 16.7%, with a compound annual growth rate of -5.9%. The lowest production level was recorded in 2019 at 438.7 t, while the highest was in 2018 at 705.5 t. The most substantial decrease occurred in 2019, dropping by 37.8%, whereas the largest increase was in 2018, rising by 16.3%.

Annual dynamics of production in Grenada in kind, 2017-2020, t

Exports pepper from Grenada

Exports in kind, kg

The market showed considerable volatility during these years. Exports reached their lowest point in 2020 and peaked in 2019, with a 19-fold difference between these two years. In 2020, Grenada's pepper exports amounted to 137 kg, reflecting a sharp decline of 94.7% from 2019. The highest export volume was recorded in 2019 at 2 577 kg, which also saw the largest increase of 139.5%.

Annual dynamics of product's exports from Grenada in kind, 2017-2020, kg

Between 2017 and 2020, the United States and Saint Vincent and the Grenadines were the dominant destinations for Grenada's pepper exports in volume terms, together accounting for 85.5% of total flows. Other markets contributed smaller individual shares.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Grenada in kind, 2017-2020

Exports in value, K $ US

Market performance exhibited noticeable fluctuations throughout the period. Exports reached their peak in 2018 and hit their lowest point in 2020, with a 7.4-fold difference. In 2020, the value of pepper exports from Grenada totaled 1.1 K $ US, indicating an 83.9% decrease compared to 2019. The maximum value was recorded in 2018 at 7.9 K $ US, which also experienced the largest increase of 34.0%.

Annual dynamics of product's exports from Grenada in value, 2017-2020, K $ US

From 2017 to 2020, the United States was the primary market for Grenada's pepper exports in value terms, accounting for 71.1% of total exports. Other destinations made up a less significant portion of the export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Grenada in value, 2017-2020

Imports pepper to Grenada

Imports in kind, kg

The import market displayed an unstable trend over this timeframe. Imports peaked in 2018 and reached their lowest level in 2020, with a 3.6-fold gap between these years. In 2020, Grenada imported approximately 16 431 kg of pepper, down by 25.0% from 2019. The maximum import volume was recorded in 2018 at 58 590 kg, which also saw the largest increase of 121.8%. The most significant decline occurred in 2019, falling by 62.6%.

Annual dynamics of product's imports to Grenada in kind, 2017-2020, kg

Throughout 2017-2020, the United States and Saint Lucia accounted for 80.5% of Grenada's total pepper imports in volume terms. The remaining share was distributed among other destinations, each with smaller individual contributions.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Grenada in kind, 2017-2020

Imports in value, K $ US

Market performance showed noticeable fluctuations during this period. Imports varied from a high in 2018 to a low in 2020, with a 2.3-fold difference. In 2020, Grenada's pepper imports were valued at 58.0 K $ US, marking a modest reduction of 3.4% compared to the previous year. The maximum value was recorded in 2018 at 131.9 K $ US, which also experienced the largest increase of 104.1%. The most substantial decline occurred in 2019, dropping by 54.5%.

Annual dynamics of product's imports to Grenada in value, 2017-2020, K $ US

Between 2017 and 2020, three key markets—the United States, Saint Lucia, and Jamaica—together accounted for 90.3% of the total value of pepper imports to Grenada.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Grenada in value, 2017-2020