Price for Pepper (of the Genus Piper), Crushed or Ground in New Zealand - 2024
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in New Zealand (CIF) - 2024
- Price for Pepper (of the Genus Piper), Crushed or Ground in New Zealand (FOB) - 2022
- Imports of Pepper (of the Genus Piper), Crushed or Ground in New Zealand
- Exports of Pepper (of the Genus Piper), Crushed or Ground in New Zealand
Price for Pepper (of the Genus Piper), Crushed or Ground in New Zealand (CIF) - 2024
In January 2024, the average import price for pepper (of the genus piper), crushed or ground amounted to $5,104 per ton, declining by -30.9% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 33% against the previous month. Over the period under review, average import prices hit record highs at $7,392 per ton in December 2023, and then contracted rapidly in the following month.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was India ($6,456 per ton), while the price for Vietnam ($4,794 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by India (+1.9%), while the prices for the other major suppliers experienced a decline.
Price for Pepper (of the Genus Piper), Crushed or Ground in New Zealand (FOB) - 2022
The average export price for pepper (of the genus piper), crushed or ground stood at $8,028 per ton in 2022, declining by -9.5% against the previous year. In general, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. Over the period under review, the average export prices attained the maximum at $12,945 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($14,546 per ton), while the average price for exports to Vanuatu ($2,538 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 Fiji (+4.8%), while the prices for the other major destinations experienced a decline.
Imports of Pepper (of the Genus Piper), Crushed or Ground in New Zealand
In 2022, imports of pepper (of the genus piper), crushed or ground into New Zealand dropped to 550 tons, shrinking by -3.5% on the previous year's figure. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of 570 tons, and then shrank slightly in the following year.
In value terms, imports of pepper (of the genus piper), crushed or ground rose significantly to $3.7M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 +68.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51% 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 continue growth in the near future.
Import of Pepper (of the Genus Piper), Crushed or Ground in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 1,664 | 1,309 | 2,196 | 2,418 | 13.3% |
India | 195 | 272 | 511 | 739 | 55.9% |
Australia | 275 | 160 | 98.8 | 165 | -15.7% |
China | 125 | 189 | 189 | 103 | -6.2% |
South Korea | 94.4 | 87.6 | 77.6 | 60.7 | -13.7% |
Others | 226 | 155 | 217 | 175 | -8.2% |
Total | 2,579 | 2,172 | 3,290 | 3,660 | 12.4% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to New Zealand in 2022:
- Vietnam (381.7 tons)
- India (111.3 tons)
- Australia (15.7 tons)
- China (12.9 tons)
- South Korea (8.1 tons)
Exports of Pepper (of the Genus Piper), Crushed or Ground in New Zealand
In 2022, approx. 20 tons of pepper (of the genus piper), crushed or ground were exported from New Zealand; rising by 3% compared with the previous year's figure. Over the period under review, exports, however, recorded a mild contraction. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year.
In value terms, exports of pepper (of the genus piper), crushed or ground shrank to $157K in 2022. Overall, exports, however, showed a noticeable descent. The pace of growth was the most pronounced in 2021 when exports increased by 28%.
Export of Pepper (of the Genus Piper), Crushed or Ground in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 3.0 | 22.0 | 11.1 | 71.7 | 188.0% |
Fiji | 38.4 | 24.2 | 57.4 | 38.2 | -0.2% |
Samoa | 82.3 | 67.0 | 55.5 | 23.1 | -34.5% |
Cook Islands | 16.3 | 11.7 | 19.4 | 18.6 | 4.5% |
Vanuatu | 1.1 | 0.5 | 0.5 | 1.4 | 8.4% |
Vietnam | 30.7 | N/A | N/A | N/A | 0% |
India | N/A | N/A | 10.3 | N/A | 0% |
Others | 4.1 | 6.5 | 14.7 | 4.4 | 2.4% |
Total | 176 | 132 | 169 | 157 | -3.7% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from New Zealand in 2022:
- Australia (10.5 tons)
- Samoa (3.6 tons)
- Fiji (2.6 tons)
- Cook Islands (2.1 tons)
- Vanuatu (0.5 tons)
This report provides an in-depth analysis of the piper pepper market in New Zealand.
This report provides an in-depth analysis of the spice market in New Zealand.
This report provides an in-depth analysis of the pimenta pepper market in New Zealand.
This report provides an in-depth analysis of the global piper pepper market.
This report provides an in-depth analysis of the global spice market.
This report provides an in-depth analysis of the global pimenta pepper market.
This report provides an in-depth analysis of the piper pepper market in New Zealand.
This report provides an in-depth analysis of the spice market in New Zealand.
This report provides an in-depth analysis of the pimenta pepper market in New Zealand.
This report provides an in-depth analysis of the global piper pepper market.
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
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
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%.
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
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
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
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