Price for Pepper (of the Genus Piper), Crushed or Ground in Morocco - 2023

Contents:

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

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

The average import price for pepper (of the genus piper), crushed or ground stood at $11,584 per ton in 2022, surging by 5.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 14%. The import price peaked at $13,229 per ton in 2016; however, from 2017 to 2022, 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 India ($21,671 per ton), while the price for Turkey ($4,855 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for pepper (of the genus piper), crushed or ground stood at $5,968 per ton in 2022, surging by 12% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices hit record highs at $40,164 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($22,590 per ton), while the average price for exports to France ($2,000 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 United States (+70.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of pepper (of the genus piper), crushed or ground into Morocco fell significantly to 12 tons in 2022, with a decrease of -30.8% on 2021 figures. Over the period under review, imports, however, posted moderate growth. The pace of growth was the most pronounced in 2021 with an increase of 125%. As a result, imports attained the peak of 18 tons, and then reduced dramatically in the following year.

In value terms, imports of pepper (of the genus piper), crushed or ground contracted remarkably to $145K in 2022. Overall, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 with an increase of 141%. As a result, imports reached the peak of $198K, and then contracted remarkably in the following year.

Import of Pepper (of the Genus Piper), Crushed or Ground in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam12.729.613439.245.6%
India24.70.30.138.315.7%
Brazil19.331.429.628.914.4%
Spain17.614.316.014.4-6.5%
Turkey2.80.10.411.962.0%
France9.31.014.46.4-11.7%
China1.71.30.63.527.2%
Sri Lanka31.10.50.70.7-71.8%
Others2.83.52.31.2-24.6%
Total12281.91981455.9%

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

  1. Vietnam (4.0 tons)
  2. Turkey (2.5 tons)
  3. Brazil (1.8 tons)
  4. India (1.8 tons)
  5. Spain (1.7 tons)
  6. China (0.6 tons)
  7. France (0.2 tons)

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

After three years of growth, overseas shipments of pepper (of the genus piper), crushed or ground decreased by -77% to 1.5 tons in 2022. Over the period under review, exports recorded a pronounced setback. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. As a result, the exports attained the peak of 6.7 tons, and then fell rapidly in the following year.

In value terms, exports of pepper (of the genus piper), crushed or ground reduced dramatically to $9.1K in 2022. Overall, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 173% against the previous year. As a result, the exports attained the peak of $35K, and then shrank markedly in the following year.

Export of Pepper (of the Genus Piper), Crushed or Ground in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A0.63.0400.0%
BelgiumN/AN/A16.72.7-83.8%
Cote d'IvoireN/AN/AN/A1.40%
Cabo VerdeN/AN/A2.11.2-42.9%
Mauritania0.1N/A0.20.226.0%
QatarN/AN/A0.10.10.0%
Spain7.2N/A6.4N/A-5.7%
FranceN/A11.7N/AN/A0%
United Arab EmiratesN/AN/A7.5N/A0%
TunisiaN/A1.11.4N/A27.3%
Others0.30.10.40.518.6%
Total7.613.035.49.16.2%

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

  1. Belgium (696.0 kg)
  2. United States (360.0 kg)
  3. Cabo Verde (315.0 kg)
  4. Cote d'Ivoire (61.0 kg)
  5. Qatar (33.0 kg)
  6. Mauritania (25.0 kg)
  7. Spain (7.0 kg)
  8. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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