Bulgaria - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Bulgaria - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Piper Pepper Price in Bulgaria - 2023

Contents:

  1. Piper Pepper Price in Bulgaria (CIF) - 2023
  2. Piper Pepper Price in Bulgaria (FOB) - 2023
  3. Piper Pepper Imports in Bulgaria
  4. Piper Pepper Exports in Bulgaria

Piper Pepper Price in Bulgaria (CIF) - 2023

The average piper pepper import price stood at $3,960 per ton in July 2023, with a decrease of -19.3% against the previous month. Overall, the import price continues to indicate a pronounced curtailment. The growth pace was the most rapid in February 2023 when the average import price increased by 213% month-to-month. As a result, import price attained the peak level of $10,775 per ton. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Vietnam ($3,552 per ton), while the price for Indonesia ($1,677 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Piper Pepper Price in Bulgaria (FOB) - 2023

In July 2023, the average piper pepper export price amounted to $4,379 per ton, jumping by 18% against the previous month. Overall, export price indicated a modest increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, piper pepper export price increased by +71.0% against March 2023 indices. The pace of growth appeared the most rapid in September 2022 an increase of 34% m-o-m. The export price peaked in July 2023.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Germany ($15,591 per ton), while the average price for exports to North Macedonia ($3,117 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Piper Pepper Imports in Bulgaria

In 2022, purchases abroad of piper pepper decreased by -2.5% to 795 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, 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 31% against the previous year. As a result, imports attained the peak of 830 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, piper pepper imports rose markedly to $3.4M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Piper Pepper in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam9031,0961,8972,22935.1%
Germany12981.417425425.3%
Brazil1832832512053.9%
Spain93.985.590.71115.7%
Greece8.823.151.015.921.8%
HungaryN/AN/A8.812.946.6%
Others35238454853314.8%
Total1,6701,9533,0203,36026.2%

Top Suppliers of Piper Pepper to Bulgaria in 2022:

  1. Vietnam (592.3 tons)
  2. Brazil (49.0 tons)
  3. Spain (39.0 tons)
  4. Germany (36.7 tons)
  5. Hungary (20.1 tons)
  6. Greece (13.2 tons)

Piper Pepper Exports in Bulgaria

In 2022, piper pepper exports from Bulgaria dropped remarkably to 439 tons, waning by -39.7% compared with 2021. In general, exports faced a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 1.8%.

In value terms, piper pepper exports contracted remarkably to $1.4M in 2022. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 8.5%.

Export of Piper Pepper in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary634773533491-8.2%
North Macedonia11310512621423.7%
Greece1931743242113.0%
Slovakia66.998.611611319.1%
Georgia28.227.219.410354.0%
Romania70195.339072.2-53.1%
Poland17821625970.2-26.7%
Others36829517089.3-37.6%
Total2,2821,7851,9371,362-15.8%

Top Export Markets for Piper Pepper from Bulgaria in 2022:

  1. Hungary (159.9 tons)
  2. North Macedonia (101.9 tons)
  3. Greece (56.6 tons)
  4. Slovakia (39.1 tons)
  5. Poland (33.9 tons)
  6. Romania (20.4 tons)
  7. Georgia (16.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the piper pepper market in Bulgaria. 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:

  • Bulgaria

Data coverage:

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