What Are the Prospects for Pepper Cultivation? Market Conditions and Profit Analysis
There are currently many types of pepper, such as mountain pepper, white pepper, black pepper, and so on, among which mountain pepper has the best economic benefits. Pepper has good adaptability and is grown in many places in China, but mainly in Chongqing, Sichuan, Hunan, and other places. It is a very good seasoning, and can be processed into powder as well as oil and various other condiments, and its sales are also very good, so someone asked us, what are the prospects for growing pepper now? Let us take a look together below.
Cultivation Prospects
Judging from the current market situation, the cultivation prospects of pepper are still quite good, but the premise is to choose a good pepper variety; several pepper varieties on the market currently have very good sales. First, the prospects for pepper cultivation can be analyzed from the area of pepper cultivation; according to relevant statistics, the area of pepper cultivation is not very large yet. Second, it can be analyzed from the sales of pepper on the market; it is still well worth growing. Then it can also be analyzed from the market price of pepper; it also has a certain cultivation value. Finally, it can be analyzed from the nutritional value and medicinal value of pepper itself, from which we can learn that growing pepper still has certain prospects.
Market Price
The market price of pepper actually fluctuates very greatly. According to relevant statistics, in 1988 the price of pepper was more than 50 yuan per jin; by 1992, only four years later, the price of pepper was only around 10 yuan per jin; and by 1998, the price of pepper suddenly rose to more than 80 yuan per jin, but the good times did not last long, and in 2005 it was only around 10 yuan per jin again. However, in 2015 the market price of pepper reached a new height, at around 100 yuan per jin, which can be said to be its peak period, and up to now the market price of pepper has been fluctuating between 30 and 70 yuan.
Changes in Demand
In recent years, the demand for pepper has also changed greatly. In the past, the main use of pepper was for seasoning, as well as for making soup to drink when one had a cold or other slight physical discomfort. Now, however, pepper can be used not only in food preparation, but also in medicine production and industry. Among these, the food processing industry has seen the greatest change in demand; various pepper-flavored snacks and foods have appeared on the market, so demand has clearly increased and shifted.
Cultivation Benefits
The economic benefits of pepper cultivation are mainly related to the cost of pepper cultivation and the profit return, and the cost of pepper cultivation is relatively low. Calculating according to the cost required per mu, buying saplings costs about more than 1,000 yuan, then the cost of chemical fertilizers and pesticides is about 1,000, and finally there are labor costs and other auxiliary cultivation costs of about 1,000, with the total cost at about 3,000 to 3,500. On average, one mu can produce 600 jin of pepper; calculated at 30 yuan per jin, this can yield a profit of about 18,000. After deducting the cost of cultivation, one can still earn more than 10,000 yuan, so the profit margin can be said to be quite good.