Price for Pepper (of the Genus Piper), Crushed or Ground in Malaysia - 2024
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Malaysia (FOB) - 2024
- Price for Pepper (of the Genus Piper), Crushed or Ground in Malaysia (CIF) - 2022
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Malaysia
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Malaysia
Price for Pepper (of the Genus Piper), Crushed or Ground in Malaysia (FOB) - 2024
The average export price for pepper (of the genus piper), crushed or ground stood at $7,469 per ton in January 2024, which is down by -4.6% against the previous month. Overall, the export price recorded a slight contraction. The pace of growth was the most pronounced in August 2023 an increase of 14% m-o-m. Over the period under review, the average export prices attained the maximum at $9,464 per ton in February 2023; however, from March 2023 to January 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Thailand ($11,182 per ton), while the average price for exports to Singapore ($3,720 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+1.2%), while the prices for the other major destinations experienced a decline.
Price for Pepper (of the Genus Piper), Crushed or Ground in Malaysia (CIF) - 2022
In 2022, the average import price for pepper (of the genus piper), crushed or ground amounted to $4,085 per ton, falling by -16.1% against the previous year. Over the period under review, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2013 an increase of 15%. The import price peaked at $8,634 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Australia ($12,158 per ton), while the price for China ($1,289 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pepper (of the Genus Piper), Crushed or Ground in Malaysia
In 2022, exports of pepper (of the genus piper), crushed or ground from Malaysia fell to 1.3K tons, which is down by -6.2% against the previous year's figure. The total export volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of 1.4K tons, and then shrank in the following year.
In value terms, exports of pepper (of the genus piper), crushed or ground soared to $11M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Pepper (of the Genus Piper), Crushed or Ground in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.7 | 4.0 | 5.8 | 7.4 | 9.1% |
| Thailand | 1.1 | 1.0 | 1.4 | 1.3 | 5.7% |
| Singapore | 0.8 | 0.9 | 1.3 | 1.1 | 11.2% |
| Philippines | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Indonesia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Brunei Darussalam | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 1.2 | 0.6 | 0.8 | 1.0 | -5.9% |
| Total | 8.9 | 6.8 | 9.5 | 11.2 | 8.0% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Malaysia in 2022:
- Japan (773.9 tons)
- Singapore (241.4 tons)
- Thailand (137.0 tons)
- Indonesia (28.7 tons)
- Philippines (26.0 tons)
- Brunei Darussalam (20.5 tons)
Imports of Pepper (of the Genus Piper), Crushed or Ground in Malaysia
For the fourth consecutive year, Malaysia recorded growth in overseas purchases of pepper (of the genus piper), crushed or ground, which increased by 19% to 1.1K tons in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% 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 +62.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, imports of pepper (of genus piper), crushed or ground reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of pepper (of the genus piper), crushed or ground fell to $4.5M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 22%. As a result, imports reached the peak of $4.5M, leveling off in the following year.
| Import of Pepper (of the Genus Piper), Crushed or Ground in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,509 | 1,229 | 1,564 | 1,924 | 8.4% |
| India | 808 | 1,211 | 1,140 | 636 | -7.7% |
| China | 247 | 278 | 447 | 542 | 29.9% |
| Thailand | 115 | 83.3 | 141 | 411 | 52.9% |
| Indonesia | 133 | 99.9 | 267 | 408 | 45.3% |
| Australia | 313 | 414 | 562 | 293 | -2.2% |
| Taiwan (Chinese) | 42.2 | 11.6 | 53.0 | 121 | 42.1% |
| Others | 522 | 379 | 347 | 176 | -30.4% |
| Total | 3,689 | 3,706 | 4,521 | 4,510 | 6.9% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Malaysia in 2022:
- China (420.5 tons)
- Vietnam (302.8 tons)
- Thailand (178.3 tons)
- India (74.1 tons)
- Indonesia (57.2 tons)
- Taiwan (Chinese) (26.4 tons)
- Australia (24.1 tons)
774
This report provides an in-depth analysis of the piper pepper market in Malaysia.
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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 pimenta pepper market.
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This report provides an in-depth analysis of the piper pepper market in Malaysia.
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This report provides an in-depth analysis of the spice market in Malaysia.
470
This report provides an in-depth analysis of the pimenta pepper market in Malaysia.
6769
This report provides an in-depth analysis of the global piper pepper market.
1144
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5046
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.
1186
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
15155
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%.
1905
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
1231
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
998
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
