Price for Pepper (of the Genus Piper), Crushed or Ground in Japan - 2023
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Japan (CIF) - 2023
- Price for Pepper (of the Genus Piper), Crushed or Ground in Japan (FOB) - 2022
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Japan
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Japan
Price for Pepper (of the Genus Piper), Crushed or Ground in Japan (CIF) - 2023
In November 2023, the average import price for pepper (of the genus piper), crushed or ground amounted to $6,789 per ton, with an increase of 5.2% against the previous month. In general, the import price, however, showed a mild downturn. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 7% month-to-month. Over the period under review, average import prices hit record highs at $7,933 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Malaysia ($8,539 per ton), while the price for Vietnam ($5,729 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Pepper (of the Genus Piper), Crushed or Ground in Japan (FOB) - 2022
The average export price for pepper (of the genus piper), crushed or ground stood at $11,616 per ton in 2022, shrinking by -15.7% against the previous year. Overall, the export price recorded a pronounced downturn. The pace of growth appeared the most rapid in 2016 an increase of 53%. The export price peaked at $15,675 per ton in 2018; however, from 2019 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 China ($36,392 per ton), while the average price for exports to Hong Kong SAR ($7,611 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 China (+9.0%), 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 Japan
In 2022, approx. 4.6K tons of pepper (of the genus piper), crushed or ground were imported into Japan; surging by 26% compared with the year before. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of pepper (of the genus piper), crushed or ground skyrocketed to $32M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.3% 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 +69.4% against 2020 indices. 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 Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 8.2 | 7.5 | 8.5 | 13.2 | 17.2% |
| Vietnam | 6.6 | 7.0 | 7.7 | 11.8 | 21.4% |
| Malaysia | 4.7 | 4.3 | 4.8 | 6.8 | 13.1% |
| Others | 0.5 | 0.3 | 0.3 | 0.5 | 0.0% |
| Total | 20.1 | 19.1 | 21.3 | 32.3 | 17.1% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Japan in 2022:
- Vietnam (2.0K tons)
- Indonesia (1.7K tons)
- Malaysia (0.8K tons)
Exports of Pepper (of the Genus Piper), Crushed or Ground in Japan
In 2022, after three years of growth, there was significant decline in overseas shipments of pepper (of the genus piper), crushed or ground, when their volume decreased by -6.2% to 32 tons. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 11%.
In value terms, exports of pepper (of the genus piper), crushed or ground shrank remarkably to $371K in 2022. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 5.2% against the previous year. As a result, the exports reached the peak of $469K, and then reduced sharply in the following year.
| Export of Pepper (of the Genus Piper), Crushed or Ground in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 176 | 211 | 225 | 169 | -1.3% |
| South Korea | 62.1 | 86.8 | 83.9 | 109 | 20.6% |
| Norway | 48.2 | 43.3 | 43.4 | 31.1 | -13.6% |
| Vietnam | 23.5 | 15.1 | 29.9 | 23.4 | -0.1% |
| Taiwan (Chinese) | 10.7 | 18.3 | 25.0 | 14.7 | 11.2% |
| China | 66.2 | 11.8 | 16.6 | 1.9 | -69.4% |
| Switzerland | 23.8 | 28.3 | N/A | N/A | 18.9% |
| United Arab Emirates | 6.3 | 11.0 | 15.4 | N/A | 56.3% |
| Others | 30.4 | 20.1 | 29.6 | 22.2 | -9.9% |
| Total | 447 | 446 | 469 | 371 | -6.0% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Japan in 2022:
- Hong Kong SAR (22.2 tons)
- South Korea (4.9 tons)
- Vietnam (1.6 tons)
- Norway (1.4 tons)
- Taiwan (Chinese) (0.9 tons)
- China (0.1 tons)
683
This report provides an in-depth analysis of the piper pepper market in Japan.
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This report provides an in-depth analysis of the spice market in Japan.
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This report provides an in-depth analysis of the pimenta pepper market in Japan.
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This report provides an in-depth analysis of the global piper pepper market.
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This report provides an in-depth analysis of the global spice market.
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This report provides an in-depth analysis of the global pimenta pepper market.
683
This report provides an in-depth analysis of the piper pepper market in Japan.
1354
This report provides an in-depth analysis of the spice market in Japan.
486
This report provides an in-depth analysis of the pimenta pepper market in Japan.
6766
This report provides an in-depth analysis of the global piper pepper market.
1140
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5041
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
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Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1184
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
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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
15144
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%.
1904
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
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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
1229
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
997
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
