U.S. - Pimenta Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPimenta Pepper Price in the United States - 2023
Contents:
- Pimenta Pepper Price in the United States (CIF) - 2023
- Pimenta Pepper Price in the United States (FOB) - 2023
- Pimenta Pepper Imports in the United States
- Pimenta Pepper Exports in the United States
Pimenta Pepper Price in the United States (CIF) - 2023
In August 2023, the average pimenta pepper import price amounted to $3,053 per ton, growing by 2.7% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 11% against the previous month. The import price peaked at $3,104 per ton in May 2023; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($4,319 per ton), while the price for Colombia ($1,459 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Colombia (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pimenta Pepper Price in the United States (FOB) - 2023
In August 2023, the average pimenta pepper export price amounted to $3,380 per ton, falling by -7.3% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 17% month-to-month. As a result, the export price reached the peak level of $3,770 per ton. From July 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($4,566 per ton), while the average price for exports to Germany ($1,315 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Pimenta Pepper Imports in the United States
In 2022, overseas purchases of pimenta pepper decreased by -0.3% to 176K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 9.2% against the previous year. As a result, imports attained the peak of 177K tons, leveling off in the following year.
In value terms, pimenta pepper imports rose notably to $476M in 2022. The total import value increased at an average annual rate of +10.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Pimenta Pepper in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 76.3 | 84.7 | 121 | 113 | 14.0% |
| Mexico | 73.5 | 81.7 | 89.0 | 90.2 | 7.1% |
| China | 92.4 | 80.7 | 76.7 | 86.7 | -2.1% |
| Spain | 41.0 | 47.3 | 61.1 | 76.8 | 23.3% |
| Peru | 38.2 | 41.7 | 44.6 | 59.5 | 15.9% |
| Israel | 4.3 | 6.5 | 9.0 | 11.4 | 38.4% |
| Colombia | 4.7 | 7.1 | 7.2 | 5.1 | 2.8% |
| Others | 23.8 | 25.0 | 31.0 | 33.1 | 11.6% |
| Total | 354 | 375 | 439 | 476 | 10.4% |
Top Suppliers of Pimenta Pepper to the United States in 2022:
- Mexico (62.2K tons)
- India (33.5K tons)
- China (27.9K tons)
- Spain (20.6K tons)
- Peru (17.3K tons)
- Colombia (3.5K tons)
- Israel (2.7K tons)
Pimenta Pepper Exports in the United States
In 2022, shipments abroad of pimenta pepper increased by 15% to 7.6K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pimenta pepper exports expanded sharply to $26M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pimenta Pepper in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 11.7 | 13.9 | 13.3 | 16.6 | 12.4% |
| Mexico | 3.6 | 3.4 | 3.6 | 3.0 | -5.9% |
| Japan | 1.0 | 0.6 | 0.6 | 0.8 | -7.2% |
| Sweden | N/A | N/A | 0.5 | 0.6 | 20.0% |
| United Arab Emirates | 0.1 | 0.1 | 0.5 | 0.4 | 58.7% |
| Costa Rica | 0.4 | 0.1 | 0.2 | 0.3 | -9.1% |
| Ecuador | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Saudi Arabia | 0.5 | 0.2 | 0.2 | 0.1 | -41.5% |
| India | 0.9 | 1.4 | 0.7 | 0.1 | -51.9% |
| China | 0.7 | 0.3 | 0.2 | 0.1 | -47.7% |
| United Kingdom | 1.9 | 0.3 | 0.1 | N/A | -77.1% |
| Others | 3.1 | 2.6 | 2.9 | 3.7 | 6.1% |
| Total | 24.1 | 23.2 | 22.9 | 26.2 | 2.8% |
Top Export Markets for Pimenta Pepper from the United States in 2022:
- Canada (4890.6 tons)
- Mexico (890.4 tons)
- Sweden (144.4 tons)
- Japan (144.0 tons)
- Ecuador (143.9 tons)
- United Arab Emirates (123.8 tons)
- Costa Rica (118.5 tons)
- China (43.3 tons)
- Saudi Arabia (42.8 tons)
- India (29.3 tons)
- United Kingdom (4.1 tons)
This report provides an in-depth analysis of the pimenta pepper market in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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This report provides an in-depth analysis of the pimenta pepper market in the U.S..
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This report provides an in-depth analysis of the piper pepper market in the U.S..
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This report provides an in-depth analysis of the spice market in the U.S..
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180
In February 2023, the price of pimenta pepper was registered at $2,904 per metric ton, with a 5.5% increase compared to the previous month (CIF, US).
563
In November 2022, the piper pepper price amounted to $5,223 per ton (CIF, US), waning by -2% against the previous month.
948
In August 2022, the spice price per ton stood at $4,278, with an increase of 4.1% against the previous month.
461
In Apr 2022, the average import spice price per ton amounted to $4,490, rising by 8.6% against the previous month.
1205
The global pimenta pepper market rose modestly to $10.9B in 2019, surging by 4.2% against the previous year. This...
1120
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5004
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
6413
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1167
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
3803
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
