Price for Pepper (of the Genus Piper), Crushed or Ground in Slovakia - 2023

Contents:

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

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

The average import price for pepper (of the genus piper), crushed or ground stood at $5,114 per ton in 2022, growing by 6.2% against the previous year. Overall, the import price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36% against the previous year. The import price peaked at $8,343 per ton in 2012; however, from 2013 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 Austria ($7,000 per ton), while the price for Vietnam ($1,373 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), 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 Slovakia (FOB) - 2022

In 2022, the average export price for pepper (of the genus piper), crushed or ground amounted to $7,126 per ton, with an increase of 3.5% against the previous year. Overall, the export price, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 63% against the previous year. As a result, the export price attained the peak level of $14,872 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($7,249 per ton), while the average price for exports to Poland ($5,471 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 Hungary (-2.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of pepper (of the genus piper), crushed or ground into Slovakia rose to 218 tons, growing by 2.6% compared with 2021 figures. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 5%. Imports peaked 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 amounted to $1.1M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pepper (of the Genus Piper), Crushed or Ground in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A16330830737.2%
Czech Republic1461841811623.5%
SloveniaN/AN/A9.01531600.0%
Hungary29.458.510313064.1%
Poland281183108106-27.7%
Austria33.381.864.876.732.1%
Germany27.071.049.854.226.1%
Spain17.038.126.441.334.4%
Romania88.619316524.0-35.3%
Vietnam144N/AN/A0.2-88.8%
Indonesia139N/A0.1N/A-97.3%
Others75.14.65.657.4-8.6%
Total9819771,0211,1134.3%

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

  1. Netherlands (57.4 tons)
  2. Slovenia (44.0 tons)
  3. Hungary (26.6 tons)
  4. Czech Republic (24.4 tons)
  5. Poland (16.4 tons)
  6. Spain (15.8 tons)
  7. Austria (11.0 tons)
  8. Germany (8.5 tons)
  9. Romania (4.9 tons)
  10. Vietnam (0.1 tons)

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

For the fourth year in a row, Slovakia recorded growth in overseas shipments of pepper (of the genus piper), crushed or ground, which increased by 34% to 146 tons in 2022. In general, exports saw a significant increase. As a result, the exports attained 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 surged to $1M in 2022. Overall, exports posted significant growth. 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 Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic49543050573213.9%
Hungary66.913723629864.5%
Others21.96.610.09.9-23.3%
Total5845737501,04021.2%

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

  1. Czech Republic (101.0 tons)
  2. Hungary (43.8 tons)

Source: IndexBox Market Intelligence Platform

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