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

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

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Piper Pepper Price in Peru - 2021

Contents:

  1. Piper Pepper Price in Peru (CIF) - 2021
  2. Piper Pepper Price in Peru (FOB) - 2022
  3. Piper Pepper Imports in Peru
  4. Piper Pepper Exports in Peru

Piper Pepper Price in Peru (CIF) - 2021

In April 2020, the average piper pepper import price amounted to $2,312 per ton, reducing by -16.5% against the previous month. Over the last three-month period, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in March 2020 when the average import price increased by 23% m-o-m. As a result, import price reached the peak level of $2,767 per ton, and then reduced markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was the United States ($16,813 per ton), while the price for Ecuador ($1,150 per ton) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Vietnam (+88.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Piper Pepper Price in Peru (FOB) - 2022

The average piper pepper export price stood at $1,371 per ton in 2022, declining by -50.2% against the previous year. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 112%. Over the period under review, the average export prices reached the peak figure at $7,002 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($12,654 per ton), while the average price for exports to Chile ($550 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+41.2%), while the prices for the other major destinations experienced more modest paces of growth.

Piper Pepper Imports in Peru

Piper pepper imports into Peru surged to 1.4K tons in 2022, increasing by 24% on the year before. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years.

In value terms, piper pepper imports surged to $5.4M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 +67.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Piper Pepper in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,5991,3492,0782,76220.0%
Mexico7694504991,27318.3%
Ecuador4151,0075535399.1%
United States19734536639726.3%
Vietnam12613525420217.0%
China89.696.380.215319.5%
Others25.557.639.362.634.9%
Total3,2223,4403,8685,38818.7%

Top Suppliers of Piper Pepper to Peru in 2022:

  1. Brazil (686.5 tons)
  2. Ecuador (313.3 tons)
  3. Mexico (303.8 tons)
  4. China (59.5 tons)
  5. Vietnam (33.0 tons)
  6. United States (23.2 tons)

Piper Pepper Exports in Peru

In 2022, shipments abroad of piper pepper decreased by -52.6% to 28 tons, falling for the second year in a row after two years of growth. Overall, exports showed a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 57%. As a result, the exports attained the peak of 104 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, piper pepper exports reduced notably to $38K in 2022. Over the period under review, exports saw a sharp descent. The growth pace was the most rapid in 2020 when exports increased by 47% against the previous year. As a result, the exports attained the peak of $327K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Piper Pepper in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.715019.415.125.2%
ChileN/A3.528.612.992.0%
Japan3.56.55.74.47.9%
Spain7.08.38.83.5-20.6%
KenyaN/A34.646.1N/A33.2%
Guatemala66.959.9N/AN/A-10.5%
Oman19.818.2N/AN/A-8.1%
Netherlands28.6N/AN/AN/A0%
Others89.346.053.32.4-70.0%
Total22332716238.2-44.5%

Top Export Markets for Piper Pepper from Peru in 2022:

  1. Chile (23.4 tons)
  2. United States (2.6 tons)
  3. Spain (0.7 tons)
  4. Japan (0.5 tons)

Source: IndexBox Market Intelligence Platform

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

  • Peru

Data coverage:

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