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

Contents:

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

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

The average import price for pepper (of the genus piper), crushed or ground stood at $7,247 per ton in 2022, rising by 60% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $9,510 per ton in 2013; however, from 2014 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 Austria ($8,690 per ton), while the price for Sri Lanka ($689 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%), 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 Russia (FOB) - 2022

The average export price for pepper (of the genus piper), crushed or ground stood at $6,034 per ton in 2022, increasing by 75% against the previous year. Overall, the export price, however, recorded a mild downturn. Over the period under review, the average export prices reached the peak figure at $7,609 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($7,664 per ton), while the average price for exports to Mongolia ($4,957 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 Mongolia (+4.8%), while the prices for the other major destinations experienced a decline.

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

Imports of pepper (of the genus piper), crushed or ground into Russia shrank significantly to 837 tons in 2022, reducing by -45.7% on the year before. Overall, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 1.5K tons, and then shrank markedly in the following year.

In value terms, imports of pepper (of the genus piper), crushed or ground dropped to $6.1M in 2022. Over the period under review, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of $7M, and then declined in the following year.

Import of Pepper (of the Genus Piper), Crushed or Ground in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria9581,0051,4242,11630.2%
Poland1,4841,3541,236401-35.3%
Vietnam4.2116261120205.7%
Armenia3.910.13.4117210.7%
Germany200285182110-18.1%
TurkeyN/A1.03.272.5751.5%
Sri Lanka24410219628.9-50.9%
Kazakhstan25.66.731.621.3-5.9%
Netherlands17186.786.26.3-66.7%
Uzbekistan30.685.9N/AN/A180.7%
Others3,4133,1963,5633,071-3.5%
Total6,5346,2496,9876,064-2.5%

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

  1. Austria (243.5 tons)
  2. Poland (50.4 tons)
  3. Sri Lanka (42.0 tons)
  4. Vietnam (26.5 tons)
  5. Armenia (24.6 tons)
  6. Kazakhstan (24.6 tons)
  7. Turkey (14.8 tons)
  8. Germany (11.3 tons)
  9. Netherlands (0.8 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of pepper (of the genus piper), crushed or ground, when their volume decreased by -48.6% to 333 tons. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. As a result, the exports attained the peak of 647 tons, and then fell dramatically in the following year.

In value terms, exports of pepper (of the genus piper), crushed or ground fell to $2M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 9.5%. As a result, the exports reached the peak of $2.2M, and then fell in the following year.

Export of Pepper (of the Genus Piper), Crushed or Ground in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1,0861,2901,3941,55612.7%
Mongolia16410027622310.8%
Kyrgyzstan99.451.010715014.7%
Azerbaijan91.769.914.72.2-71.2%
Belarus473433368N/A-11.8%
Others63.994.773.075.85.9%
Total1,9782,0392,2322,0080.5%

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

  1. Kazakhstan (255.5 tons)
  2. Mongolia (45.0 tons)
  3. Kyrgyzstan (19.6 tons)
  4. Azerbaijan (0.3 tons)

Source: IndexBox Market Intelligence Platform

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