Price for Pepper (of the Genus Piper), Crushed or Ground in Belgium - 2023

Contents:

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

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

In 2022, the average import price for pepper (of the genus piper), crushed or ground amounted to $6,588 per ton, jumping by 34% against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. The import price peaked at $9,775 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($10,558 per ton), while the price for Spain ($3,628 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for pepper (of the genus piper), crushed or ground amounted to $7,072 per ton, surging by 10% against the previous year. Overall, the export price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 40%. Over the period under review, the average export prices hit record highs at $12,937 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($21,264 per ton), while the average price for exports to the UK ($5,426 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 Serbia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of pepper (of the genus piper), crushed or ground decreased by -12.2% to 1.6K tons in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 40%.

In value terms, imports of pepper (of the genus piper), crushed or ground soared to $11M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.8% 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 +67.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Pepper (of the Genus Piper), Crushed or Ground in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3,4743,5564,1225,56717.0%
Vietnam2772035961,36370.1%
Germany1,1071,0531,5521,1471.2%
France37054450394036.5%
Spain1292151,04043550.0%
Austria13918019238640.6%
GreeceN/A2.2120197846.3%
India233143208119-20.1%
Others6451,721729538-5.9%
Total6,3747,6179,05910,69318.8%

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

  1. Netherlands (812.7 tons)
  2. Vietnam (230.3 tons)
  3. France (135.0 tons)
  4. Germany (131.7 tons)
  5. Spain (120.0 tons)
  6. Greece (51.6 tons)
  7. Austria (36.6 tons)
  8. India (13.8 tons)

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

For the fourth consecutive year, Belgium recorded growth in overseas shipments of pepper (of the genus piper), crushed or ground, which increased by 21% to 912 tons in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 86% against the previous year. Over the period under review, the exports of pepper (of genus piper), crushed or ground hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of pepper (of the genus piper), crushed or ground soared to $6.4M in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year. Over the period under review, the exports of pepper (of genus piper), crushed or ground attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Pepper (of the Genus Piper), Crushed or Ground in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5885951,5662,11953.3%
Netherlands5825511,0241,44035.3%
United Kingdom1,342449859885-13.0%
Germany79.1380541846120.3%
Ireland17016917827317.1%
Democratic Republic of the Congo10717217921125.4%
Spain54.236.086.320756.3%
Luxembourg188180185158-5.6%
Others369293210306-6.0%
Total3,4812,8254,8286,44622.8%

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

  1. France (277.8 tons)
  2. Netherlands (239.8 tons)
  3. United Kingdom (163.2 tons)
  4. Germany (102.3 tons)
  5. Spain (37.2 tons)
  6. Ireland (30.3 tons)
  7. Democratic Republic of the Congo (18.3 tons)
  8. Luxembourg (11.2 tons)

Source: IndexBox Market Intelligence Platform

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