Price for Pepper (of the Genus Piper), Crushed or Ground in Paraguay - 2024

Contents:

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

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

In 2022, the average import price for pepper (of the genus piper), crushed or ground amounted to $4,437 per ton, declining by -16.6% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 184% against the previous year. The import price peaked at $21,337 per ton in 2016; however, from 2017 to 2022, 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 Germany ($18,798 per ton), while the price for Brazil ($1,781 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+30.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for pepper (of the genus piper), crushed or ground stood at $18,063 per ton in 2022, almost unchanged from the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

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

From 2021 to 2022, the rate of growth in terms of prices for Austria amounted to +8.4% per year.

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

In 2022, imports of pepper (of the genus piper), crushed or ground into Paraguay soared to 40 tons, with an increase of 44% against the year before. Overall, imports continue to indicate notable growth. The most prominent rate of growth was recorded in 2021 when imports increased by 108% against the previous year. Over the period under review, imports of pepper (of genus piper), crushed or ground attained 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 skyrocketed to $179K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 30%. 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 near future.

Import of Pepper (of the Genus Piper), Crushed or Ground in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/A67.8140106.5%
Brazil10210.111.217.5-44.4%
AustriaN/A46.116.09.9-53.7%
Spain7.89.644.74.8-14.9%
VietnamN/A46.4N/AN/A0%
Others2.63.09.77.743.6%
Total11311514917916.6%

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

  1. Egypt (28.6 tons)
  2. Brazil (9.8 tons)
  3. Austria (0.9 tons)
  4. Spain (0.3 tons)

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

In 2022, the amount of pepper (of the genus piper), crushed or ground exported from Paraguay dropped significantly to 16 kg, waning by -50% on 2021 figures. Overall, exports showed a dramatic slump.

In value terms, exports of pepper (of the genus piper), crushed or ground fell sharply to $289 in 2022. In general, exports faced a precipitous decline.

Export of Pepper (of the Genus Piper), Crushed or Ground in Paraguay (USD)
COUNTRY20212022CAGR,
2021-2022
Austria50.0289478.0%
Spain47.0N/A0%
Bolivia434N/A0%
Others47.0N/A0%
Total578289-50.0%

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

  1. Austria (16.0 kg)

Source: IndexBox Market Intelligence Platform

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