Price for Pepper (of the Genus Piper), Crushed or Ground in Bangladesh - 2022

Contents:

  1. Price for Pepper (of the Genus Piper), Crushed or Ground in Bangladesh (FOB) - 2022
  2. Price for Pepper (of the Genus Piper), Crushed or Ground in Bangladesh (CIF) - 2022
  3. Exports of Pepper (of the Genus Piper), Crushed or Ground in Bangladesh
  4. Imports of Pepper (of the Genus Piper), Crushed or Ground in Bangladesh

Price for Pepper (of the Genus Piper), Crushed or Ground in Bangladesh (FOB) - 2022

In 2022, the average export price for pepper (of the genus piper), crushed or ground amounted to $2,550 per ton, declining by -2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2015 an increase of 26% against the previous year. The export price peaked at $2,623 per ton in 2021, and then dropped in the following year.

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 France ($4,629 per ton), while the average price for exports to South Africa ($696 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 France (+41.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Pepper (of the Genus Piper), Crushed or Ground in Bangladesh (CIF) - 2022

The average import price for pepper (of the genus piper), crushed or ground stood at $2,760 per ton in 2022, reducing by -33.8% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 225% against the previous year. As a result, import price reached the peak level of $7,569 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,146 per ton), while the price for Thailand ($2,019 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.8%), while the prices for the other major suppliers experienced a decline.

Exports of Pepper (of the Genus Piper), Crushed or Ground in Bangladesh

Exports of pepper (of the genus piper), crushed or ground from Bangladesh dropped remarkably to 392 tons in 2022, which is down by -17.9% compared with the previous year's figure. In general, total exports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of 478 tons, and then fell notably in the following year.

In value terms, exports of pepper (of the genus piper), crushed or ground dropped remarkably to $1M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 68%. As a result, the exports attained the peak of $1.3M, and then dropped remarkably in the following year.

Export of Pepper (of the Genus Piper), Crushed or Ground in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan33.951.117.7479141.8%
Malaysia1.3N/A4.690.4311.2%
FranceN/AN/A3.078.22506.7%
South AfricaN/AN/AN/A59.80%
BahrainN/A0.58.930.2677.2%
Lebanon24.78.417.023.8-1.2%
United Arab Emirates4.28.52.413.246.5%
Saudi Arabia6166451,164N/A37.5%
Others25.034.136.5226108.3%
Total7057481,2541,00112.4%

Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Bangladesh in 2022:

  1. Jordan (159.1 tons)
  2. South Africa (85.9 tons)
  3. Lebanon (24.0 tons)
  4. Bahrain (23.5 tons)
  5. Malaysia (20.9 tons)
  6. France (16.9 tons)
  7. United Arab Emirates (7.2 tons)

Imports of Pepper (of the Genus Piper), Crushed or Ground in Bangladesh

In 2022, the amount of pepper (of the genus piper), crushed or ground imported into Bangladesh shrank to 6.9 tons, falling by -9.5% compared with the previous year. Over the period under review, imports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 351% against the previous year.

In value terms, imports of pepper (of the genus piper), crushed or ground contracted markedly to $19K in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 404% against the previous year. As a result, imports reached the peak of $32K, and then shrank remarkably in the following year.

Import of Pepper (of the Genus Piper), Crushed or Ground in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.95.022.79.8-23.5%
South Korea0.10.35.16.6304.1%
India1.50.93.71.74.3%
ThailandN/AN/AN/A0.40%
Indonesia4.8N/AN/AN/A0%
OthersN/AN/A0.20.4100.0%
Total28.46.331.719.0-12.5%

Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Bangladesh in 2022:

  1. China (3.2 tons)
  2. South Korea (2.7 tons)
  3. India (0.5 tons)
  4. Thailand (0.2 tons)

Source: IndexBox Market Intelligence Platform

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