Price for Pepper (of the Genus Piper), Crushed or Ground in Chile - 2024

Contents:

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

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

The average import price for pepper (of the genus piper), crushed or ground stood at $3,680 per ton in 2022, picking up by 61% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The growth pace was the most rapid in 2016 an increase of 121% against the previous year. The import price peaked at $14,257 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($20,723 per ton), while the price for Peru ($785 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for pepper (of the genus piper), crushed or ground stood at $8,887 per ton in 2022, surging by 78% against the previous year. Overall, the export price, however, recorded a abrupt contraction. Over the period under review, the average export prices hit record highs at $33,756 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($19,944 per ton), while the average price for exports to Ecuador ($4,960 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 Ecuador (-0.5%).

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

In 2022, approx. 340 tons of pepper (of the genus piper), crushed or ground were imported into Chile; falling by -42.7% against 2021. Over the period under review, imports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 218%. As a result, imports attained the peak of 593 tons, and then shrank dramatically in the following year.

In value terms, imports of pepper (of the genus piper), crushed or ground dropped to $1.3M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.2% 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 +69.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 84% against the previous year. As a result, imports attained the peak of $1.4M, and then fell in the following year.

Import of Pepper (of the Genus Piper), Crushed or Ground in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam37622639253012.1%
China2231185832230.0%
India78.946.978.012817.5%
Spain79.616868.312415.9%
PeruN/A3.533.052.3286.6%
Others1511742001928.3%
Total9087371,3541,25011.2%

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

  1. China (165.9 tons)
  2. Peru (66.6 tons)
  3. Vietnam (52.0 tons)
  4. India (27.1 tons)
  5. Spain (6.0 tons)

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

In 2022, the amount of pepper (of the genus piper), crushed or ground exported from Chile contracted remarkably to 6.8 tons, waning by -19% compared with the previous year's figure. Overall, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 15%.

In value terms, exports of pepper (of the genus piper), crushed or ground skyrocketed to $60K in 2022. Over the period under review, exports faced a significant decrease.

Export of Pepper (of the Genus Piper), Crushed or Ground in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa RicaN/AN/AN/A27.90%
Argentina20260.741.415.9-57.1%
MexicoN/AN/AN/A13.70%
Ecuador0.15.10.42.5192.4%
Others0.70.8N/A0.3-24.6%
Total20266.741.860.3-33.2%

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

  1. Argentina (2.9 tons)
  2. Mexico (1.9 tons)
  3. Costa Rica (1.4 tons)
  4. Ecuador (0.5 tons)

Source: IndexBox Market Intelligence Platform

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