Price for Pepper (of the Genus Piper), Crushed or Ground in Singapore - 2022
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Singapore (CIF) - 2022
- Price for Pepper (of the Genus Piper), Crushed or Ground in Singapore (FOB) - 2022
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Singapore
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Singapore
Price for Pepper (of the Genus Piper), Crushed or Ground in Singapore (CIF) - 2022
The average import price for pepper (of the genus piper), crushed or ground stood at $5,133 per ton in 2022, surging by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2015 when the average import price increased by 39% against the previous year. Over the period under review, average import prices hit record highs at $6,070 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10,070 per ton), while the price for Malaysia ($3,760 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), 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 Singapore (FOB) - 2022
In 2022, the average export price for pepper (of the genus piper), crushed or ground amounted to $7,610 per ton, surging by 51% against the previous year. Overall, the export price posted notable growth. The most prominent rate of growth was recorded in 2014 an increase of 78%. Over the period under review, the average export prices attained the maximum at $11,744 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($29,022 per ton), while the average price for exports to Japan ($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 Thailand (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pepper (of the Genus Piper), Crushed or Ground in Singapore
In 2022, purchases abroad of pepper (of the genus piper), crushed or ground decreased by -2.3% to 787 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of 815 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of pepper (of the genus piper), crushed or ground expanded significantly to $4M in 2022. The total import value increased at an average annual rate of +12.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Over the period under review, imports of pepper (of genus piper), crushed or ground hit record highs in 2022 and are expected to retain growth in years to come.
Import of Pepper (of the Genus Piper), Crushed or Ground in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 1,268 | 1,280 | 1,657 | 1,853 | 13.5% |
Indonesia | 467 | 584 | 687 | 665 | 12.5% |
Vietnam | 230 | 717 | 600 | 607 | 38.2% |
Thailand | 195 | 32.4 | 91.1 | 213 | 3.0% |
Germany | 16.5 | 12.7 | 50.6 | 123 | 95.3% |
China | 56.4 | 42.5 | 70.7 | 96.6 | 19.6% |
Others | 589 | 527 | 587 | 484 | -6.3% |
Total | 2,822 | 3,196 | 3,744 | 4,042 | 12.7% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Singapore in 2022:
- Malaysia (492.6 tons)
- Vietnam (110.3 tons)
- Indonesia (99.0 tons)
- Thailand (22.9 tons)
- Germany (15.3 tons)
- China (14.0 tons)
Exports of Pepper (of the Genus Piper), Crushed or Ground in Singapore
In 2022, overseas shipments of pepper (of the genus piper), crushed or ground decreased by -61.6% to 18 tons, falling for the second year in a row after two years of growth. In general, exports faced a sharp contraction. The pace of growth was the most pronounced in 2020 with an increase of 92%. As a result, the exports attained the peak of 85 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of pepper (of the genus piper), crushed or ground contracted rapidly to $139K in 2022. Overall, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 78%. As a result, the exports attained the peak of $525K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Pepper (of the Genus Piper), Crushed or Ground in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 40.6 | 63.6 | 21.7 | 33.5 | -6.2% |
South Korea | 22.3 | 17.8 | 12.7 | 30.2 | 10.6% |
Vietnam | 15.5 | 30.8 | 6.0 | 19.4 | 7.8% |
Australia | N/A | N/A | N/A | 14.9 | 0% |
Brunei Darussalam | 33.4 | 18.2 | 25.8 | 10.9 | -31.2% |
Fiji | 5.8 | N/A | 0.4 | 10.4 | 21.5% |
Maldives | 1.8 | 3.8 | 1.7 | 7.0 | 57.3% |
United States | N/A | 345 | 4.2 | N/A | -98.8% |
India | 28.8 | N/A | 110 | N/A | 95.4% |
South Africa | 105 | N/A | N/A | N/A | 0% |
Others | 42.2 | 45.7 | 58.5 | 13.1 | -32.3% |
Total | 295 | 525 | 241 | 139 | -22.2% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Singapore in 2022:
- South Korea (5.8 tons)
- Malaysia (3.9 tons)
- Brunei Darussalam (1.7 tons)
- Maldives (1.5 tons)
- Fiji (1.5 tons)
- Australia (1.2 tons)
- Vietnam (1.1 tons)
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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