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

Contents:

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

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

The average export price for pepper of the genus piper, neither crushed nor ground stood at $2,512 per ton in 2022, reducing by -23.8% against the previous year. In general, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 64% against the previous year. As a result, the export price reached the peak level of $7,259 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

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 Latvia ($8,208 per ton), while the average price for exports to Colombia ($269 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 the United States (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for pepper of the genus piper, neither crushed nor ground stood at $3,405 per ton in 2022, reducing by -6.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 26% against the previous year. Over the period under review, average import prices attained the maximum at $3,668 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Mexico.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +0.3% per year.

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

For the third year in a row, Ecuador recorded decline in shipments abroad of pepper of the genus piper, neither crushed nor ground, which decreased by -27.4% to 1.3K tons in 2022. Overall, exports recorded a dramatic setback.

In value terms, exports of pepper of the genus piper, neither crushed nor ground contracted dramatically to $3.4M in 2022. In general, exports faced a sharp reduction. The smallest decline of -4.5% was in 2021.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2,6501,7239171,391-19.3%
Peru4109825335379.4%
LatviaN/AN/A49.1320551.7%
Vietnam45.04601,11431491.1%
Germany409268178242-16.0%
Netherlands1,029297641136-49.1%
United States3,4711,5521,179125-67.0%
Honduras12793.7116123-1.1%
Argentina65736261873.9-51.7%
Colombia11.824.172.367.879.1%
France7462110.8N/A-96.7%
Others64840166835.7-61.9%
Total10,2056,3756,0873,365-30.9%

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

  1. India (480.0 tons)
  2. Peru (337.8 tons)
  3. Colombia (251.7 tons)
  4. Vietnam (104.0 tons)
  5. Germany (39.5 tons)
  6. Latvia (39.0 tons)
  7. Honduras (29.0 tons)
  8. United States (24.9 tons)
  9. Netherlands (19.4 tons)
  10. Argentina (10.0 tons)

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

In 2022, the amount of pepper of the genus piper, neither crushed nor ground imported into Ecuador soared to 274 tons, increasing by 102% compared with 2021. In general, imports recorded significant growth. 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, neither crushed nor ground surged to $934K in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico38048544290533.5%
Others29.615.853.429.1-0.6%
Total41050149693431.6%

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

  1. Mexico (271.9 tons)

Source: IndexBox Market Intelligence Platform

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