United Kingdom - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPimenta Pepper Price in the UK - 2023
Contents:
- Pimenta Pepper Price in the UK (CIF) - 2023
- Pimenta Pepper Price in the UK (FOB) - 2023
- Pimenta Pepper Imports in the UK
- Pimenta Pepper Exports in the UK
Pimenta Pepper Price in the UK (CIF) - 2023
The average pimenta pepper import price stood at $4,636 per ton in June 2023, remaining stable against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average import price increased by 18% m-o-m. Over the period under review, average import prices reached the peak figure at $5,037 per ton in March 2023; however, from April 2023 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 Turkey ($7,000 per ton), while the price for India ($4,294 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 Turkey (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Pimenta Pepper Price in the UK (FOB) - 2023
In June 2023, the average pimenta pepper export price amounted to $7,312 per ton, remaining stable against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 37% month-to-month. The export price peaked at $9,695 per ton in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the Czech Republic ($18,150 per ton), while the average price for exports to India ($3,753 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Pimenta Pepper Imports in the UK
In 2022, overseas purchases of pimenta pepper decreased by -1.3% to 16K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. As a result, imports attained the peak of 16K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, pimenta pepper imports totaled $67M in 2022. The total import value increased at an average annual rate of +14.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Pimenta Pepper in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 18.5 | 25.7 | 21.5 | 26.3 | 12.4% |
| India | 12.6 | 13.5 | 19.8 | 19.5 | 15.7% |
| China | 3.7 | 4.2 | 5.8 | 8.4 | 31.4% |
| France | 3.3 | 4.4 | 3.3 | 2.0 | -15.4% |
| Turkey | 0.4 | 1.0 | 1.1 | 1.9 | 68.1% |
| Others | 6.6 | 6.4 | 9.8 | 8.5 | 8.8% |
| Total | 45.0 | 55.2 | 61.3 | 66.7 | 14.0% |
Top Suppliers of Pimenta Pepper to the UK in 2022:
- Spain (6.5K tons)
- India (4.8K tons)
- China (1.9K tons)
- Turkey (0.9K tons)
- France (0.3K tons)
Pimenta Pepper Exports in the UK
In 2022, after three years of growth, there was significant decline in shipments abroad of pimenta pepper, when their volume decreased by -52% to 935 tons. Overall, exports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year. As a result, the exports reached the peak of 1.9K tons, and then reduced notably in the following year.
In value terms, pimenta pepper exports fell significantly to $5.8M in 2022. Over the period under review, exports showed a perceptible decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $9.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Pimenta Pepper in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 1,665 | 2,739 | 2,349 | 1,983 | 6.0% |
| Netherlands | 712 | 860 | 1,439 | 934 | 9.5% |
| France | 768 | 779 | 1,168 | 489 | -14.0% |
| Spain | 260 | 305 | 136 | 299 | 4.8% |
| Poland | 132 | 376 | 299 | 277 | 28.0% |
| Germany | 659 | 1,209 | 452 | 244 | -28.2% |
| United States | 79.0 | 188 | 523 | 181 | 31.8% |
| Belgium | 308 | 364 | 159 | 129 | -25.2% |
| United Arab Emirates | 3.7 | 7.7 | 28.4 | 101 | 201.1% |
| China | 17.6 | N/A | N/A | 65.9 | 55.3% |
| Lebanon | 17.1 | 65.9 | 75.1 | 63.8 | 55.1% |
| Sweden | 129 | 195 | 42.6 | 39.4 | -32.7% |
| Italy | 643 | 739 | 14.3 | 32.1 | -63.2% |
| Others | 881 | 1,337 | 1,247 | 982 | 3.7% |
| Total | 6,274 | 9,165 | 7,932 | 5,820 | -2.5% |
Top Export Markets for Pimenta Pepper from the UK in 2022:
- Ireland (266.4 tons)
- Netherlands (142.9 tons)
- France (88.2 tons)
- Spain (67.3 tons)
- Poland (44.1 tons)
- Germany (42.4 tons)
- United States (35.2 tons)
- Lebanon (24.0 tons)
- Belgium (23.9 tons)
- China (22.5 tons)
- United Arab Emirates (14.5 tons)
- Sweden (7.7 tons)
- Italy (7.0 tons)
This report provides an in-depth analysis of the pimenta 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 689 - Pimento
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
-
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
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