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

Contents:

  1. Price for Pepper (of the Genus Piper), Crushed or Ground in Ukraine (CIF) - 2023
  2. Price for Pepper (of the Genus Piper), Crushed or Ground in Ukraine (FOB) - 2022
  3. Imports of Pepper (of the Genus Piper), Crushed or Ground in Ukraine
  4. Exports of Pepper (of the Genus Piper), Crushed or Ground in Ukraine

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

The average import price for pepper (of the genus piper), crushed or ground stood at $2,331 per ton in December 2023, waning by -69.6% against the previous month. In general, the import price recorded a pronounced setback. The pace of growth was the most pronounced in April 2023 an increase of 208% month-to-month. As a result, import price attained the peak level of $7,847 per ton. From May 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Vietnam ($10,188 per ton), while the price for India ($1,237 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Sri Lanka (+7.5%), 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 Ukraine (FOB) - 2022

The average export price for pepper (of the genus piper), crushed or ground stood at $9,208 per ton in 2022, picking up by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($10,655 per ton), while the average price for exports to Belarus ($5,333 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 Georgia (+5.4%), 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 Ukraine

In 2022, approx. 685 tons of pepper (of the genus piper), crushed or ground were imported into Ukraine; with an increase of 105% on the previous year. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 133%. As a result, imports reached the peak of 690 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of pepper (of the genus piper), crushed or ground surged to $1.2M in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Pepper (of the Genus Piper), Crushed or Ground in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India87.621012647575.7%
Sri Lanka72.614535.929559.6%
Vietnam57.210715425765.0%
Brazil12085.610598.7-6.3%
Spain90.715522589.9-0.3%
Others44.642.937.922.1-20.9%
Total4737456841,23737.8%

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

  1. India (328.4 tons)
  2. Sri Lanka (257.0 tons)
  3. Vietnam (65.5 tons)
  4. Brazil (14.7 tons)
  5. Spain (11.2 tons)

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

Exports of pepper (of the genus piper), crushed or ground from Ukraine fell rapidly to 51 tons in 2022, with a decrease of -19.9% on the previous year. Overall, exports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 64 tons, and then reduced dramatically in the following year.

In value terms, exports of pepper (of the genus piper), crushed or ground stood at $472K in 2022. The total export value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Pepper (of the Genus Piper), Crushed or Ground in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia13614721228127.4%
Moldova193187180132-11.9%
Azerbaijan19.238.933.632.018.6%
Russia3.11.010.012.960.8%
Belarus28.912.27.2N/A-50.1%
Others16.016.427.212.9-6.9%
Total3964024704726.0%

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

  1. Georgia (32.5 tons)
  2. Moldova (13.2 tons)
  3. Azerbaijan (3.0 tons)
  4. Russia (1.3 tons)

Source: IndexBox Market Intelligence Platform

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