Canada - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPimenta Pepper Price in Canada - 2023
Contents:
- Pimenta Pepper Price in Canada (CIF) - 2023
- Pimenta Pepper Price in Canada (FOB) - 2023
- Pimenta Pepper Imports in Canada
- Pimenta Pepper Exports in Canada
Pimenta Pepper Price in Canada (CIF) - 2023
The average pimenta pepper import price stood at $4,666 per ton in June 2023, surging by 5.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in March 2023 an increase of 13% m-o-m. The import price peaked at $5,148 per ton in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Guatemala ($7,298 per ton), while the price for the Dominican Republic ($1,506 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 Spain (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Pimenta Pepper Price in Canada (FOB) - 2023
In June 2023, the average pimenta pepper export price amounted to $2,847 per ton, declining by -35.4% against the previous month. In general, the export price, however, enjoyed a mild expansion. The pace of growth was the most pronounced in December 2022 an increase of 175% m-o-m. The export price peaked at $6,394 per ton in March 2023; however, from April 2023 to June 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +1.9% per month.
Pimenta Pepper Imports in Canada
For the fourth consecutive year, Canada recorded growth in supplies from abroad of pimenta pepper, which increased by 4.3% to 11K tons in 2022. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, pimenta pepper imports rose markedly to $48M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +50.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 18%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Pimenta Pepper in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.5 | 8.8 | 11.4 | 11.7 | 16.0% |
| Spain | 6.6 | 7.4 | 9.6 | 11.6 | 20.7% |
| China | 7.1 | 6.9 | 7.8 | 8.6 | 6.6% |
| United States | 3.4 | 3.9 | 4.0 | 4.7 | 11.4% |
| Mexico | 1.9 | 1.7 | 2.7 | 3.7 | 24.9% |
| South Korea | 0.9 | 1.1 | 1.0 | 1.5 | 18.6% |
| Guatemala | 0.2 | 0.1 | 0.1 | 1.0 | 71.0% |
| Chile | 1.3 | 1.3 | 0.8 | 0.2 | -46.4% |
| Others | 2.8 | 3.8 | 3.9 | 4.5 | 17.1% |
| Total | 31.6 | 34.9 | 41.4 | 47.5 | 14.6% |
Top Suppliers of Pimenta Pepper to Canada in 2022:
- Chile (undefinedK tons)
- India (2.8K tons)
- Spain (2.8K tons)
- China (2.1K tons)
- Mexico (0.9K tons)
- United States (0.9K tons)
- Guatemala (0.3K tons)
- South Korea (0.3K tons)
Pimenta Pepper Exports in Canada
In 2022, approx. 767 tons of pimenta pepper were exported from Canada; rising by 91% compared with 2021. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 93%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, pimenta pepper exports skyrocketed to $2.6M in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 93% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Pimenta Pepper in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.9 | 1.0 | 1.9 | 2.5 | 40.6% |
| Spain | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 1.0 | 1.0 | 2.0 | 2.6 | 37.5% |
Top Export Markets for Pimenta Pepper from Canada in 2022:
- United States (760.5 tons)
This report provides an in-depth analysis of the pimenta pepper market in Canada. 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 689 - Pimento
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
-
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
447
This report provides an in-depth analysis of the pimenta pepper market in Canada.
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This report provides an in-depth analysis of the global piper pepper market.
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This report provides an in-depth analysis of the pimenta pepper market in Canada.
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This report provides an in-depth analysis of the piper pepper market in Canada.
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This report provides an in-depth analysis of the global pimenta pepper market.
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Imports of Pimenta Pepper experienced a significant surge in December 2022, with a month-on-month increase of 20%. In terms of value, the imports for June 2023 amounted to $4.1M.
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The global pimenta pepper market rose modestly to $10.9B in 2019, surging by 4.2% against the previous year. This...
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5002
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6409
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From 2007 to 2015, global exports on the pepper market surged by +X% per year, amounting to X million USD in 2015. This was X million USD (X%) more than in 2014. In physical terms, exports stood at X thousand to
15099
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1880
In 2015, the value of total imports on the global pepper market stood at X million USD, an increase of X million USD (or X%) than on the previous year. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical
