Price for Pepper (of the Genus Piper), Crushed or Ground in South Africa - 2024
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in South Africa (CIF) - 2024
- Price for Pepper (of the Genus Piper), Crushed or Ground in South Africa (FOB) - 2022
- Imports of Pepper (of the Genus Piper), Crushed or Ground in South Africa
- Exports of Pepper (of the Genus Piper), Crushed or Ground in South Africa
Price for Pepper (of the Genus Piper), Crushed or Ground in South Africa (CIF) - 2024
The average import price for pepper (of the genus piper), crushed or ground stood at $4,235 per ton in January 2024, with a decrease of -3.8% against the previous month. In general, the import price recorded a slight contraction. The growth pace was the most rapid in July 2023 an increase of 181% m-o-m. As a result, import price attained the peak level of $6,372 per ton. From August 2023 to January 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Thailand ($8,925 per ton), while the price for Madagascar ($3,334 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 Vietnam (+0.5%), 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 South Africa (FOB) - 2022
In 2022, the average export price for pepper (of the genus piper), crushed or ground amounted to $2,745 per ton, picking up by 26% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 65% against the previous year. The export price peaked at $3,283 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 Zimbabwe ($5,522 per ton), while the average price for exports to Lesotho ($694 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 Namibia (+6.1%), 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 South Africa
Imports of pepper (of the genus piper), crushed or ground into South Africa skyrocketed to 2.2K tons in 2022, growing by 35% against 2021 figures. The total import volume increased at an average annual rate of +12.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pepper (of the genus piper), crushed or ground skyrocketed to $11M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +59.8% against 2019 indices. 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 South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 2.8 | 3.2 | 2.3 | 4.8 | 19.7% |
| Thailand | 2.7 | 2.0 | 2.3 | 4.2 | 15.9% |
| Brazil | 0.6 | 1.1 | 1.5 | 0.9 | 14.5% |
| China | 0.3 | 0.4 | 0.2 | 0.4 | 10.1% |
| India | 0.3 | 0.3 | 0.2 | 0.3 | 0.0% |
| Others | 0.2 | 0.2 | 0.5 | 0.3 | 14.5% |
| Total | 6.9 | 7.2 | 6.9 | 11.0 | 16.8% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to South Africa in 2022:
- Vietnam (1126.4 tons)
- Thailand (352.8 tons)
- China (288.4 tons)
- Brazil (186.1 tons)
- India (60.3 tons)
Exports of Pepper (of the Genus Piper), Crushed or Ground in South Africa
For the third year in a row, South Africa recorded decline in overseas shipments of pepper (of the genus piper), crushed or ground, which decreased by -36.2% to 506 tons in 2022. Overall, exports showed a precipitous curtailment. The smallest decline of -20.8% was in 2020.
In value terms, exports of pepper (of the genus piper), crushed or ground contracted dramatically to $1.4M in 2022. In general, exports saw a deep downturn. The smallest decline of -5.9% was in 2021.
| Export of Pepper (of the Genus Piper), Crushed or Ground in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 90.7 | 104 | 347 | 324 | 52.9% |
| Botswana | 755 | 798 | 444 | 177 | -38.3% |
| Zambia | 193 | 147 | 107 | 152 | -7.7% |
| Namibia | 230 | 165 | 143 | 102 | -23.7% |
| Mozambique | 96.5 | 93.4 | 103 | 76.9 | -7.3% |
| Democratic Republic of the Congo | 11.6 | 8.5 | 3.2 | 45.5 | 57.7% |
| Lesotho | 32.6 | 38.1 | 46.1 | 30.3 | -2.4% |
| Others | 801 | 483 | 536 | 479 | -15.8% |
| Total | 2,211 | 1,838 | 1,729 | 1,388 | -14.4% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from South Africa in 2022:
- Botswana (137.6 tons)
- Mozambique (104.2 tons)
- United States (61.1 tons)
- Lesotho (43.7 tons)
- Zambia (38.7 tons)
- Namibia (36.2 tons)
- Democratic Republic of the Congo (21.5 tons)
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