United Kingdom - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice of Piper Pepper in UK Drops by 17% to $5,304 per Ton
United Kingdom Piper Pepper Import Price in April 2023
In April 2023, the piper pepper price stood at $5,304 per ton (CIF, United Kingdom), which is down by -16.5% against the previous month. Overall, the import price saw a slight slump. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 19% against the previous month. Over the period under review, average import prices reached the peak figure at $6,494 per ton in August 2022; however, from September 2022 to April 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Ireland ($10,739 per ton), while the price for Vietnam ($4,585 per ton) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Ireland (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
| COUNTRY | Import Price of Piper Pepper in United Kingdom (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| Ireland | 2,823 | 2,688 | 2,116 | 7,755 | 9,248 | 1,733 | 3,853 | 1,948 | 1,197 | 2,099 | 2,397 | 16,326 | 10,739 |
| Indonesia | 7,513 | 7,802 | 7,507 | 7,736 | 7,804 | 6,555 | 7,108 | 6,990 | 9,975 | 8,849 | 8,774 | 11,175 | 8,508 |
| China | 10,241 | 7,407 | 6,248 | 6,391 | 5,273 | 7,813 | 4,207 | 5,064 | 5,036 | 4,364 | 4,547 | 14,382 | 6,327 |
| India | 6,735 | 7,149 | 6,433 | 6,737 | 6,151 | 12,462 | 5,982 | 6,815 | 6,531 | 6,368 | 6,539 | 8,393 | 5,394 |
| Vietnam | 5,730 | 5,828 | 5,414 | 5,611 | 5,874 | 5,027 | 5,090 | 5,384 | 6,877 | 4,820 | 5,036 | 5,298 | 4,585 |
| Average | 6,343 | 6,099 | 5,551 | 5,884 | 6,494 | 5,724 | 5,474 | 5,708 | 5,762 | 5,407 | 5,337 | 6,352 | 5,304 |
United Kingdom Piper Pepper Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In April 2023, the product with the highest price was pepper (of the genus piper), crushed or ground ($6,028 per ton), while the price for pepper of the genus piper, neither crushed nor ground stood at $4,607 per ton.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by pepper (of the genus piper), crushed or ground (-0.4%).
United Kingdom Piper Pepper Imports
In April 2023, imports of piper pepper into the UK soared to 913 tons, with an increase of 61% compared with March 2023. In general, imports, however, showed a slight contraction. The growth pace was the most rapid in September 2022 when imports increased by 99% against the previous month.
In value terms, piper pepper imports soared to $4.8M (IndexBox estimates) in April 2023. Over the period under review, imports, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in September 2022 with an increase of 76% m-o-m.
United Kingdom Piper Pepper Imports by Type
Pepper of the genus piper, neither crushed nor ground (465 tons) and pepper (of the genus piper), crushed or ground (448 tons) were the main products of piper pepper imports to the UK.
From April 2022 to April 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by pepper of the genus piper, neither crushed nor ground (with a CAGR of +2.5%).
In value terms, the most traded types of piper pepper in the UK were pepper (of the genus piper), crushed or ground ($2.7M) and pepper of the genus piper, neither crushed nor ground ($2.1M).
United Kingdom Piper Pepper Imports by Country
In April 2023, Vietnam (667 tons) constituted the largest piper pepper supplier to the UK, with a 73% share of total imports. Moreover, piper pepper imports from Vietnam exceeded the figures recorded by the second-largest supplier, India (70 tons), tenfold. The third position in this ranking was taken by Indonesia (69 tons), with a 7.5% share.
From April 2022 to April 2023, the average monthly growth rate of volume from Vietnam was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: India (-6.7% per month) and Indonesia (-1.8% per month).
In value terms, Vietnam ($3.1M) constituted the largest supplier of piper pepper to the UK, comprising 63% of total imports. The second position in the ranking was taken by Indonesia ($584K), with a 12% share of total imports. It was followed by India, with a 7.8% share.
From April 2022 to April 2023, the average monthly rate of growth in terms of value from Vietnam was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Indonesia (-0.7% per month) and India (-8.4% per month).
This report provides an in-depth analysis of the piper pepper market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
