Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Costa Rica - 2022

Contents:

1. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Costa Rica (CIF) - 2022
2. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Costa Rica (FOB) - 2022
3. Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Costa Rica
4. Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Costa Rica

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Costa Rica (CIF) - 2022

The average import price for pepper of the genus piper, neither crushed nor ground stood at $7,028 per ton in 2022, jumping by 48% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pepper of the genus piper, neither crushed nor ground increased by +75.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 81%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($13,439 per ton), while the price for Guatemala ($2,614 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Costa Rica (FOB) - 2022

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $5,393 per ton, jumping by 23% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pepper of the genus piper, neither crushed nor ground increased by +36.6% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($7,394 per ton), while the average price for exports to Belgium ($2,315 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 Guatemala (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Costa Rica

In 2022, the amount of pepper of the genus piper, neither crushed nor ground imported into Costa Rica declined rapidly to 53 tons, which is down by -40.9% on 2021 figures. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, imports reached the peak of 89 tons, and then declined notably in the following year.

In value terms, imports of pepper of the genus piper, neither crushed nor ground shrank to $369K in 2022. Overall, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.8% 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 +79.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 105% against the previous year. As a result, imports attained the peak of $421K, and then fell in the following year.

Top Suppliers of Pepper of the Genus Piper, Neither Crushed Nor Ground to Costa Rica in 2022:

1. United States (25.5 tons)
2. Guatemala (18.6 tons)
3. China (5.0 tons)
4. India (2.0 tons)
5. Spain (1.4 tons)

Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Costa Rica

In 2022, shipments abroad of pepper of the genus piper, neither crushed nor ground decreased by -97.9% to 2 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year. As a result, the exports attained the peak of 127 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, neither crushed nor ground shrank markedly to $11K in 2022. In general, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2020 with an increase of 37%. As a result, the exports attained the peak of $502K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Pepper of the Genus Piper, Neither Crushed Nor Ground from Costa Rica in 2022:

1. Panama (957.0 kg)
2. Belgium (648.0 kg)
3. El Salvador (250.0 kg)
4. Guatemala (175.0 kg)

Source: IndexBox Market Intelligence Platform