Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Italy - 2023

Contents:

1. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Italy (CIF) - 2022
2. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Italy (FOB) - 2022
3. Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Italy
4. Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Italy

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Italy (CIF) - 2022

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $5,700 per ton, surging by 12% against the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 43%. The import price peaked at $10,384 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,793 per ton), while the price for Brazil ($4,197 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the prices for the other major suppliers experienced a decline.

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Italy (FOB) - 2022

The average export price for pepper of the genus piper, neither crushed nor ground stood at $18,060 per ton in 2022, which is down by -8.8% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 43%. The export price peaked at $20,346 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($35,263 per ton), while the average price for exports to Poland ($6,428 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Italy

After three years of growth, purchases abroad of pepper of the genus piper, neither crushed nor ground decreased by -1.2% to 3.8K tons in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 1.5%.

In value terms, imports of pepper of the genus piper, neither crushed nor ground rose significantly to $22M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Over the period under review, imports of pepper of genus piper, neither crushed nor ground reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Pepper of the Genus Piper, Neither Crushed Nor Ground to Italy in 2022:

1. Vietnam (1199.6 tons)
2. Brazil (1133.3 tons)
3. France (641.5 tons)
4. India (180.9 tons)
5. Germany (170.7 tons)
6. Indonesia (94.5 tons)
7. Netherlands (84.6 tons)

Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Italy

In 2022, shipments abroad of pepper of the genus piper, neither crushed nor ground decreased by -6.9% to 329 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2020 when exports increased by 15%. As a result, the exports reached the peak of 410 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of pepper of the genus piper, neither crushed nor ground reduced remarkably to $5.9M in 2022. In general, exports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, the exports attained the peak of $7.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Pepper of the Genus Piper, Neither Crushed Nor Ground from Italy in 2022:

1. Netherlands (62.0 tons)
2. Australia (42.8 tons)
3. China (33.1 tons)
4. France (26.7 tons)
5. United States (24.8 tons)
6. United Kingdom (18.9 tons)
7. Germany (17.0 tons)
8. Malta (12.9 tons)
9. Croatia (8.4 tons)
10. Poland (8.2 tons)
11. Hong Kong SAR (6.4 tons)
12. Greece (6.3 tons)
13. South Korea (5.9 tons)

Source: IndexBox Market Intelligence Platform