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

Contents:

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

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

The average export price for pepper (of the genus piper), crushed or ground stood at $988 per ton in 2022, which is down by -58.1% against the previous year. Overall, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 195%. The export price peaked at $2,977 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2014 to 2022, the rate of growth in terms of prices for China amounted to -13.0% per year.

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

In 2022, the average import price for pepper (of the genus piper), crushed or ground amounted to $23,350 per ton, growing by 662% against the previous year. Overall, the import price saw strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +6.6% per year.

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

In 2022, exports of pepper (of the genus piper), crushed or ground from Myanmar surged to 417 tons, picking up by 29,192% against 2021 figures. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of pepper (of the genus piper), crushed or ground soared to $412K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Pepper (of the Genus Piper), Crushed or Ground in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A4070%
Others0.11.73.44.9265.9%
Total0.11.73.44121503.1%

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

  1. China (415.7 tons)

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

Imports of pepper (of the genus piper), crushed or ground into Myanmar shrank markedly to 60 kg in 2022, which is down by -99.2% against the previous year's figure. Overall, imports showed a sharp descent. The smallest decline of -5% was in 2021.

In value terms, imports of pepper (of the genus piper), crushed or ground contracted rapidly to $1.4K in 2022. Over the period under review, imports showed a sharp decrease. The smallest decline of -12.6% was in 2021.

Import of Pepper (of the Genus Piper), Crushed or Ground in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2.12.53.91.4-12.6%
Thailand28.015.314.6N/A-27.8%
Sri Lanka2.7N/AN/AN/A0%
Singapore1.30.80.8N/A-21.6%
Australia9.06.42.7N/A-45.2%
OthersN/A0.2N/AN/A0%
Total43.225.222.11.4-68.1%

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

  1. South Korea (60.0 kg)

Source: IndexBox Market Intelligence Platform

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