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Australia - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Australia - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Sep 19, 2023

Notable Increase in Piper Pepper Price in Australia: Surges to $6,935 per Ton After Two Consecutive Months

Australia Piper Pepper Import Price in June 2023

In June 2023, the piper pepper price stood at $6,935 per ton (CIF, Australia), rising by 4.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 28% month-to-month. Over the period under review, average import prices hit record highs at $7,629 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was South Africa ($14,481 per ton), while the price for Vietnam ($4,791 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.2%), while the prices for the other major suppliers experienced a decline.

Australia Piper Pepper Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Piper Pepper in Australia (USD per ton)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
South Africa17,24415,76917,34729,73817,41716,07712,70516,66316,41813,06713,94615,18314,481
ThailandN/A8,88913,3209,1108,9249,9289,5088,3698,1958,305N/A8,3638,456
China14,5057,1109,50524,01211,73818,5648,58411,9456,57115,7199,4818,6628,129
India7,4876,5775,8607,1705,9557,3546,3787,0015,8755,5334,4026,4786,952
South Korea6,5785,85413,5596,6158,31819,6926,0985,82513,1266,39512,6685,5876,761
Vietnam6,1195,7055,8173,8435,6925,6455,4475,6195,8204,3474,6665,1034,791
Average7,0577,1616,4965,3406,8566,9317,2607,6296,8816,0165,1906,6266,935

Australia Piper Pepper Import Prices by Type

Average prices varied somewhat amongst the major supplied products. In June 2023, the product with the highest price was pepper of the genus piper, neither crushed nor ground ($7,764 per ton), while the price for pepper (of the genus piper), crushed or ground stood at $6,200 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by pepper (of the genus piper), crushed or ground (-0.3%).

Australia Piper Pepper Imports

In June 2023, the amount of piper pepper imported into Australia declined markedly to 218 tons, with a decrease of -38.1% against May 2023 figures. In general, imports showed a noticeable descent. The most prominent rate of growth was recorded in March 2023 with an increase of 71% month-to-month.

In value terms, piper pepper imports fell markedly to $1.5M (IndexBox estimates) in June 2023. Over the period under review, imports recorded a perceptible setback. The growth pace was the most rapid in May 2023 with an increase of 77% m-o-m.

Australia Piper Pepper Imports by Type

Pepper (of the genus piper), crushed or ground (115 tons) and pepper of the genus piper, neither crushed nor ground (102 tons) were the main products of piper pepper imports to Australia.

From June 2022 to June 2023, the biggest increases were in pepper of the genus piper, neither crushed nor ground (with a CAGR of -1.0%).

In value terms, pepper of the genus piper, neither crushed nor ground ($794K) and pepper (of the genus piper), crushed or ground ($716K) constituted the most imported types of piper pepper in Australia.

Australia Piper Pepper Imports by Country

In June 2023, Vietnam (121 tons) constituted the largest supplier of piper pepper to Australia, accounting for a 56% share of total imports. Moreover, piper pepper imports from Vietnam exceeded the figures recorded by the second-largest supplier, Thailand (23 tons), fivefold. The third position in this ranking was held by China (17 tons), with a 7.9% share.

From June 2022 to June 2023, the average monthly growth rate of volume from Vietnam amounted to -6.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Thailand (-2.8% per month) and China (-0.2% per month).

In value terms, Vietnam ($582K) constituted the largest supplier of piper pepper to Australia, comprising 39% of total imports. The second position in the ranking was held by South Africa ($237K), with a 16% share of total imports. It was followed by Thailand, with a 13% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of value from Vietnam amounted to -8.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: South Africa (+2.5% per month) and Thailand (-3.2% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the piper pepper market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 687 - Pepper

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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