Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Hungary - 2023

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $5,255 per ton, picking up by 13% against the previous year. Overall, the import price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2021 an increase of 35%. Over the period under review, average import prices attained the maximum at $9,633 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($11,368 per ton), while the price for Slovenia ($2,338 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+59.6%), 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 Hungary (FOB) - 2022

The average export price for pepper of the genus piper, neither crushed nor ground stood at $7,118 per ton in 2022, increasing by 17% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 27%. Over the period under review, the average export prices attained the maximum at $11,684 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Greece ($9,950 per ton), while the average price for exports to Moldova ($5,173 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 Greece (+18.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of pepper of the genus piper, neither crushed nor ground decreased by -16.9% to 624 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 36% against the previous year. As a result, imports attained the peak of 755 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of pepper of the genus piper, neither crushed nor ground declined to $3.3M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34%. As a result, imports attained the peak of $3.5M, and then shrank in the following year.

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

1. Netherlands (199.3 tons)
2. Germany (107.7 tons)
3. Slovenia (74.0 tons)
4. Vietnam (63.0 tons)
5. Brazil (55.4 tons)
6. Austria (52.3 tons)
7. Latvia (23.5 tons)
8. Slovakia (16.6 tons)
9. Poland (3.2 tons)

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

In 2022, overseas shipments of pepper of the genus piper, neither crushed nor ground decreased by -2% to 48 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 406%.

In value terms, exports of pepper of the genus piper, neither crushed nor ground reached $345K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 309% against the previous year. Over the period under review, the exports of pepper of genus piper, neither crushed nor ground hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Moldova (8.9 tons)
2. Croatia (7.4 tons)
3. Ukraine (6.4 tons)
4. Romania (5.4 tons)
5. Czech Republic (4.6 tons)
6. Greece (3.8 tons)
7. Germany (3.0 tons)
8. Slovakia (2.2 tons)
9. Austria (1.8 tons)
10. France (1.6 tons)

Source: IndexBox Market Intelligence Platform