Price for Pepper (of the Genus Piper), Crushed or Ground in Latvia - 2023
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Latvia (CIF) - 2022
- Price for Pepper (of the Genus Piper), Crushed or Ground in Latvia (FOB) - 2022
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Latvia
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Latvia
Price for Pepper (of the Genus Piper), Crushed or Ground in Latvia (CIF) - 2022
The average import price for pepper (of the genus piper), crushed or ground stood at $4,979 per ton in 2022, increasing by 3.5% against the previous year. Overall, the import price, however, recorded a deep setback. The growth pace was the most rapid in 2013 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $15,477 per ton. From 2014 to 2022, the average 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 Estonia ($23,704 per ton), while the price for Poland ($2,935 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pepper (of the Genus Piper), Crushed or Ground in Latvia (FOB) - 2022
The average export price for pepper (of the genus piper), crushed or ground stood at $3,790 per ton in 2022, declining by -27.7% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 56%. The export price peaked at $23,781 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 ($10,663 per ton), while the average price for exports to Ukraine ($1,943 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 Romania (+25.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pepper (of the Genus Piper), Crushed or Ground in Latvia
Imports of pepper (of the genus piper), crushed or ground into Latvia rose sharply to 393 tons in 2022, with an increase of 9.2% compared with 2021 figures. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 128%. Over the period under review, imports of pepper (of genus piper), crushed or ground reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of pepper (of the genus piper), crushed or ground expanded significantly to $2M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 48% against the previous year. Over the period under review, imports of pepper (of genus piper), crushed or ground hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Pepper (of the Genus Piper), Crushed or Ground in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 43.8 | 77.0 | 504 | 927 | 176.6% |
| Estonia | 605 | 730 | 774 | 657 | 2.8% |
| Lithuania | 267 | 282 | 340 | 305 | 4.5% |
| Spain | 127 | 13.1 | 12.4 | 4.8 | -66.4% |
| Sri Lanka | N/A | N/A | 33.1 | N/A | 0% |
| India | 24.6 | 31.6 | 25.6 | N/A | 2.0% |
| Others | 58.4 | 37.2 | 40.8 | 62.0 | 2.0% |
| Total | 1,126 | 1,171 | 1,729 | 1,955 | 20.2% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Latvia in 2022:
- Poland (315.7 tons)
- Lithuania (41.4 tons)
- Estonia (27.7 tons)
- Spain (0.4 tons)
Exports of Pepper (of the Genus Piper), Crushed or Ground in Latvia
In 2022, the amount of pepper (of the genus piper), crushed or ground exported from Latvia soared to 369 tons, increasing by 149% against the previous year. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 552% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of pepper (of the genus piper), crushed or ground surged to $1.4M in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 101% 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 likely to see gradual growth in years to come.
| Export of Pepper (of the Genus Piper), Crushed or Ground in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | 0.4 | 141 | 371 | 2945.5% |
| Estonia | 209 | 220 | 235 | 252 | 6.4% |
| Poland | N/A | N/A | 91.6 | 229 | 150.0% |
| Lithuania | 111 | 140 | 152 | 162 | 13.4% |
| Serbia | N/A | N/A | 64.2 | 116 | 80.7% |
| Hungary | N/A | N/A | 26.6 | 113 | 324.8% |
| Ukraine | N/A | N/A | N/A | 83.0 | 0% |
| Others | 19.4 | 24.8 | 65.1 | 73.1 | 55.6% |
| Total | 339 | 385 | 776 | 1,399 | 60.4% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Latvia in 2022:
- Romania (112.4 tons)
- Poland (74.1 tons)
- Ukraine (42.7 tons)
- Serbia (41.0 tons)
- Hungary (33.5 tons)
- Estonia (25.0 tons)
- Lithuania (15.2 tons)
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This report provides an in-depth analysis of the piper pepper market in Latvia.
182
This report provides an in-depth analysis of the spice market in Latvia.
134
This report provides an in-depth analysis of the pimenta pepper market in Latvia.
6766
This report provides an in-depth analysis of the global piper pepper market.
5103
This report provides an in-depth analysis of the global spice market.
912
This report provides an in-depth analysis of the global pimenta pepper market.
146
This report provides an in-depth analysis of the piper pepper market in Latvia.
182
This report provides an in-depth analysis of the spice market in Latvia.
134
This report provides an in-depth analysis of the pimenta pepper market in Latvia.
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%.
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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
1468
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
