Price for Pepper (of the Genus Piper), Crushed or Ground in Estonia - 2023
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Estonia (CIF) - 2022
- Price for Pepper (of the Genus Piper), Crushed or Ground in Estonia (FOB) - 2022
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Estonia
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Estonia
Price for Pepper (of the Genus Piper), Crushed or Ground in Estonia (CIF) - 2022
In 2022, the average import price for pepper (of the genus piper), crushed or ground amounted to $6,762 per ton, increasing by 26% against the previous year. Over the period under review, the import price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $11,415 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
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 Latvia ($10,153 per ton), while the price for Vietnam ($5,409 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pepper (of the Genus Piper), Crushed or Ground in Estonia (FOB) - 2022
The average export price for pepper (of the genus piper), crushed or ground stood at $13,560 per ton in 2022, with an increase of 6.7% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the average export price increased by 29%. Over the period under review, the average export prices attained the maximum at $17,297 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($32,155 per ton), while the average price for exports to Finland ($5,011 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 Sweden (+6.6%), 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 Estonia
In 2022, supplies from abroad of pepper (of the genus piper), crushed or ground decreased by -7.9% to 282 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 4.7% against the previous year. As a result, imports attained the peak of 306 tons, and then contracted in the following year.
In value terms, imports of pepper (of the genus piper), crushed or ground surged to $1.9M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Pepper (of the Genus Piper), Crushed or Ground in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 722 | 491 | 612 | 984 | 10.9% |
Sweden | 12.4 | 345 | 350 | 490 | 240.6% |
Latvia | 117 | 271 | 268 | 180 | 15.4% |
Lithuania | 9.6 | 158 | 198 | 95.8 | 115.3% |
Germany | 8.8 | 39.7 | 59.2 | 49.9 | 78.3% |
India | 308 | N/A | 0.1 | N/A | -98.2% |
Indonesia | 262 | N/A | N/A | N/A | 0% |
Others | 152 | 171 | 153 | 105 | -11.6% |
Total | 1,593 | 1,477 | 1,640 | 1,905 | 6.1% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Estonia in 2022:
- Vietnam (181.9 tons)
- Sweden (56.2 tons)
- Latvia (17.7 tons)
- Lithuania (10.5 tons)
- Germany (6.0 tons)
Exports of Pepper (of the Genus Piper), Crushed or Ground in Estonia
For the third year in a row, Estonia recorded decline in shipments abroad of pepper (of the genus piper), crushed or ground, which decreased by -9% to 131 tons in 2022. Over the period under review, exports continue to indicate a deep contraction. The smallest decline of -2.3% was in 2021.
In value terms, exports of pepper (of the genus piper), crushed or ground declined modestly to $1.8M in 2022. Overall, exports recorded a deep contraction.
Export of Pepper (of the Genus Piper), Crushed or Ground in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1,079 | 856 | 838 | 764 | -10.9% |
Lithuania | 407 | 478 | 493 | 521 | 8.6% |
Latvia | 292 | 328 | 353 | 313 | 2.3% |
Norway | 58.4 | 70.8 | 77.8 | 87.0 | 14.2% |
Finland | 36.7 | 31.9 | 21.0 | 42.6 | 5.1% |
Belgium | N/A | N/A | N/A | 31.3 | 0% |
Russia | 196 | 117 | 22.5 | N/A | -66.1% |
Others | 48.4 | 21.2 | 23.0 | 15.1 | -32.2% |
Total | 2,118 | 1,902 | 1,828 | 1,775 | -5.7% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Estonia in 2022:
- Sweden (75.0 tons)
- Norway (16.3 tons)
- Lithuania (16.2 tons)
- Latvia (11.4 tons)
- Finland (8.5 tons)
- Belgium (2.4 tons)
This report provides an in-depth analysis of the piper pepper market in Estonia.
This report provides an in-depth analysis of the spice market in Estonia.
This report provides an in-depth analysis of the pimenta pepper market in Estonia.
This report provides an in-depth analysis of the global piper pepper market.
This report provides an in-depth analysis of the global spice market.
This report provides an in-depth analysis of the global pimenta pepper market.
This report provides an in-depth analysis of the piper pepper market in Estonia.
This report provides an in-depth analysis of the spice market in Estonia.
This report provides an in-depth analysis of the pimenta pepper market in Estonia.
This report provides an in-depth analysis of the global piper pepper market.
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
From 2007 to 2015, global exports on the pepper market surged by +X% per year, amounting to X million USD in 2015. This was X million USD (X%) more than in 2014. In physical terms, exports stood at X thousand to
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015. From 2007 to 2015, it expanded with a CAGR of +X%.
In 2015, the value of total imports on the global pepper market stood at X million USD, an increase of X million USD (or X%) than on the previous year. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical
According to market research conducted by IndexBox, global pepper production was estimated at X thousand tons in 2015, an increase of X thousand tons than in 2014. In value terms, production reached record levels, increasing to X million USD
India dominates in the global pepper trade. In 2014, India exported X thousand tons of pepper totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total pepper exports in value
India dominates in the global pepper trade, significantly strengthening its position in the global export structure from X% in 2007 to X% in 2014. Its primary trading partner in 2014 was the U.S., where it supplied X% of its total pepper expor