Egypt - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Egypt - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Pimenta Pepper Price in Egypt - 2023

Contents:

  1. Pimenta Pepper Price in Egypt (CIF) - 2023
  2. Pimenta Pepper Price in Egypt (FOB) - 2022
  3. Pimenta Pepper Imports in Egypt
  4. Pimenta Pepper Exports in Egypt

Pimenta Pepper Price in Egypt (CIF) - 2023

The average pimenta pepper import price stood at $4,447 per ton in June 2023, increasing by 14% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in November 2022 an increase of 16% month-to-month. As a result, import price reached the peak level of $4,517 per ton. From December 2022 to June 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was China ($4,504 per ton), while the price for India ($4,380 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 Guatemala (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Pimenta Pepper Price in Egypt (FOB) - 2022

In 2022, the average pimenta pepper export price amounted to $3,641 per ton, falling by -6.8% against the previous year. Overall, the export price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 382% against the previous year. The export price peaked at $3,908 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($4,575 per ton), while the average price for exports to Italy ($1,525 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+310.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pimenta Pepper Imports in Egypt

In 2022, after two years of decline, there was growth in supplies from abroad of pimenta pepper, when their volume increased by 3.5% to 1.4K tons. Overall, imports, however, saw a abrupt curtailment.

In value terms, pimenta pepper imports expanded sharply to $5.7M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 22%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Pimenta Pepper in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.31.61.41.913.5%
Spain1.81.92.11.7-1.9%
Mexico0.51.61.01.233.9%
India0.70.30.20.70.0%
Guatemala0.20.2N/A0.1-20.6%
OthersN/A0.10.50.10.0%
Total4.65.65.25.77.4%

Top Suppliers of Pimenta Pepper to Egypt in 2022:

  1. China (485.3 tons)
  2. Spain (447.6 tons)
  3. Mexico (254.9 tons)
  4. India (185.5 tons)
  5. Guatemala (17.0 tons)

Pimenta Pepper Exports in Egypt

In 2022, exports of pimenta pepper from Egypt skyrocketed to 521 tons, rising by 149% compared with the previous year's figure. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 734% against the previous year. As a result, the exports attained the peak of 627 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pimenta pepper exports skyrocketed to $1.9M in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 3,919%. As a result, the exports reached the peak of $2M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Pimenta Pepper in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Algeria29.415.398.4696187.1%
PakistanN/A1,905279386-55.0%
Turkey1.8N/AN/A132318.6%
Libya6.3N/A24.1109158.6%
GeorgiaN/AN/AN/A98.10%
ItalyN/AN/AN/A92.80%
Saudi ArabiaN/AN/A68.172.66.6%
United Arab Emirates1.91.60.154.9206.9%
Others10.481.3348254190.1%
Total49.82,0038171,895236.4%

Top Export Markets for Pimenta Pepper from Egypt in 2022:

  1. Algeria (163.0 tons)
  2. Pakistan (92.6 tons)
  3. Italy (60.9 tons)
  4. United Arab Emirates (33.8 tons)
  5. Libya (31.4 tons)
  6. Turkey (28.9 tons)
  7. Georgia (24.0 tons)
  8. Saudi Arabia (20.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pimenta pepper market in Egypt. 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:

  • Egypt

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Egypt
  • 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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