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

Contents:

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

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

The average export price for pepper (of the genus piper), crushed or ground stood at $5,044 per ton in 2022, approximately equating the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pepper (of the genus piper), crushed or ground increased by +14.1% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 28% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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 the Netherlands ($8,244 per ton), while the average price for exports to Sudan ($1,027 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 the Netherlands (+8.2%), 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 Ethiopia (CIF) - 2022

The average import price for pepper (of the genus piper), crushed or ground stood at $3,067 per ton in 2022, increasing by 63% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pepper (of the genus piper), crushed or ground increased by +84.9% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Indonesia ($3,352 per ton), while the price for India ($1,337 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, shipments abroad of pepper (of the genus piper), crushed or ground decreased by -28.6% to 396 tons in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 24%.

In value terms, exports of pepper (of the genus piper), crushed or ground reduced markedly to $2M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 34%.

Export of Pepper (of the Genus Piper), Crushed or Ground in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5019421,34090621.8%
Canada19718433746232.9%
Israel98.917513219224.7%
Australia11.838.379.7105107.2%
United Kingdom209150182103-21.0%
Netherlands74.611.711560.7-6.6%
Djibouti51.653.211024.2-22.3%
Saudi Arabia15413516316.0-53.0%
Germany14815112513.8-54.7%
Sweden4.51.75.412.540.6%
Sudan18.026.415.36.7-28.1%
Others76.320014994.37.3%
Total1,5442,0672,7541,9968.9%

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

  1. United States (149.0 tons)
  2. Canada (90.9 tons)
  3. Israel (46.9 tons)
  4. Australia (32.1 tons)
  5. United Kingdom (15.4 tons)
  6. Djibouti (12.7 tons)
  7. Netherlands (7.4 tons)
  8. Sweden (6.6 tons)
  9. Sudan (6.5 tons)
  10. Saudi Arabia (5.6 tons)
  11. Germany (3.3 tons)

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

In 2022, supplies from abroad of pepper (of the genus piper), crushed or ground decreased by -62.8% to 80 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 139%. As a result, imports reached the peak of 339 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of pepper (of the genus piper), crushed or ground fell notably to $245K in 2022. Overall, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 120% against the previous year. As a result, imports attained the peak of $563K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Pepper (of the Genus Piper), Crushed or Ground in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia12217529.619717.3%
India1.522.80.117.4126.4%
Vietnam20.415.024.29.5-22.5%
China28.72532943.7-49.5%
United Arab Emirates47.636.123.53.6-57.7%
BelizeN/A16.66.8N/A-59.0%
Others35.745.026.414.2-26.5%
Total256563404245-1.5%

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

  1. Indonesia (58.8 tons)
  2. India (13.0 tons)
  3. Vietnam (4.2 tons)
  4. China (1.5 tons)
  5. United Arab Emirates (1.3 tons)

Source: IndexBox Market Intelligence Platform

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