Price for Pepper (of the Genus Piper), Crushed or Ground in the Dominican Republic - 2023
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in the Dominican Republic (CIF) - 2023
- Price for Pepper (of the Genus Piper), Crushed or Ground in the Dominican Republic (FOB) - 2022
- Imports of Pepper (of the Genus Piper), Crushed or Ground in the Dominican Republic
- Exports of Pepper (of the Genus Piper), Crushed or Ground in the Dominican Republic
Price for Pepper (of the Genus Piper), Crushed or Ground in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for pepper (of the genus piper), crushed or ground amounted to $5,179 per ton, with a decrease of -48.6% against the previous month. Over the period under review, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in August 2022 when the average import price increased by 154% m-o-m. The import price peaked at $12,791 per ton in March 2022; however, from April 2022 to March 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($11,623 per ton), while the price for Spain ($2,774 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced a decline.
Price for Pepper (of the Genus Piper), Crushed or Ground in the Dominican Republic (FOB) - 2022
The average export price for pepper (of the genus piper), crushed or ground stood at $13,146 per ton in 2022, picking up by 38% against the previous year. Over the period under review, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 an increase of 66% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Haiti ($16,731 per ton), while the average price for exports to France ($2,844 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 Haiti (+19.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pepper (of the Genus Piper), Crushed or Ground in the Dominican Republic
In 2022, approx. 390 tons of pepper (of the genus piper), crushed or ground were imported into the Dominican Republic; therefore, remained relatively stable against 2021. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 28%. As a result, imports attained the peak of 391 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of pepper (of the genus piper), crushed or ground rose significantly to $2.4M in 2022. The total import value increased at an average annual rate of +15.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. Over the period under review, imports of pepper (of genus piper), crushed or ground reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Pepper (of the Genus Piper), Crushed or Ground in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 480 | 822 | 751 | 865 | 21.7% |
| United States | 571 | 728 | 710 | 668 | 5.4% |
| Spain | 356 | 440 | 522 | 587 | 18.1% |
| Vietnam | 76.0 | 42.0 | 97.8 | 223 | 43.2% |
| Others | 69.4 | 32.1 | 50.4 | 21.2 | -32.7% |
| Total | 1,553 | 2,064 | 2,131 | 2,365 | 15.0% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to the Dominican Republic in 2022:
- Spain (186.9 tons)
- India (117.7 tons)
- United States (50.3 tons)
- Vietnam (29.7 tons)
Exports of Pepper (of the Genus Piper), Crushed or Ground in the Dominican Republic
In 2022, overseas shipments of pepper (of the genus piper), crushed or ground decreased by -78.5% to 1.8 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a measured expansion. The pace of growth appeared the most rapid in 2020 with an increase of 700% against the previous year. As a result, the exports attained the peak of 13 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 dropped rapidly to $24K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 875%. As a result, the exports reached the peak of $92K. 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 the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 7.7 | 91.9 | 77.0 | 21.6 | 41.0% |
| United States | 0.9 | 0.5 | 3.1 | 1.3 | 13.0% |
| France | 0.9 | N/A | N/A | 0.8 | -3.9% |
| Others | N/A | N/A | 0.3 | 0.1 | -66.7% |
| Total | 9.5 | 92.5 | 80.4 | 23.8 | 35.8% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from the Dominican Republic in 2022:
- Haiti (1292.0 kg)
- France (275.0 kg)
- United States (240.0 kg)
366
This report provides an in-depth analysis of the piper pepper market in the Dominican Republic.
646
This report provides an in-depth analysis of the spice market in the Dominican Republic.
353
This report provides an in-depth analysis of the pimenta pepper market in the Dominican Republic.
6806
This report provides an in-depth analysis of the global piper pepper market.
5212
This report provides an in-depth analysis of the global spice market.
924
This report provides an in-depth analysis of the global pimenta pepper market.
366
This report provides an in-depth analysis of the piper pepper market in the Dominican Republic.
646
This report provides an in-depth analysis of the spice market in the Dominican Republic.
353
This report provides an in-depth analysis of the pimenta pepper market in the Dominican Republic.
6806
This report provides an in-depth analysis of the global piper pepper market.
1169
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5130
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
6510
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1204
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
3840
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
15245
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%.
1920
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
1489
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
1240
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
1010
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
