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

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $5,608 per ton, picking up by 58% against the previous year. In general, import price indicated a buoyant expansion from 2013 to 2022: its price increased at an average annual rate of +5.1% over the last nine years. 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 +146.8% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($5,775 per ton), while the price for Bangladesh ($987 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+12.8%), 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 Kuwait (FOB) - 2022

The average export price for pepper of the genus piper, neither crushed nor ground stood at $4,624 per ton in 2022, declining by -61.2% against the previous year. Overall, the export price, however, continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2019 an increase of 263% against the previous year. The export price peaked at $11,920 per ton in 2021, and then fell remarkably in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($4,624 per ton), while the average price for exports to Qatar amounted to $4,624 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+14.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of pepper of the genus piper, neither crushed nor ground decreased by -12.6% to 683 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of 1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of pepper of the genus piper, neither crushed nor ground soared to $3.8M in 2022. Overall, imports, however, continue to indicate 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, Neither Crushed Nor Ground in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1,0241,1151,0742,02225.5%
Brazil22640642470546.1%
United Arab Emirates34230261849713.3%
United States61.562.910113931.2%
Mexico90.21651961086.2%
India1061321221070.3%
Pakistan57.532.819.329.3-20.1%
China0.412.80.818.8260.9%
Bangladesh63.38.74.915.3-37.7%
Others40.792.920618966.8%
Total2,0132,3292,7663,83023.9%

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

  1. Vietnam (350.2 tons)
  2. Brazil (122.0 tons)
  3. United Arab Emirates (86.1 tons)
  4. United States (24.0 tons)
  5. Mexico (18.8 tons)
  6. India (18.5 tons)
  7. Bangladesh (15.5 tons)
  8. China (10.4 tons)
  9. Pakistan (5.1 tons)

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

In 2022, approx. 23 tons of pepper of the genus piper, neither crushed nor ground were exported from Kuwait; with an increase of 20% on 2021 figures. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 499%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of pepper of the genus piper, neither crushed nor ground fell dramatically to $105K in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 593%. As a result, the exports reached the peak of $225K, and then shrank remarkably in the following year.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/AN/A77.80%
Qatar3.831.110126.490.8%
Saudi Arabia100N/A122N/A10.5%
Others0.71.32.00.6-5.0%
Total10532.42251050.0%

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

  1. Vietnam (16.8 tons)
  2. Qatar (5.7 tons)

Source: IndexBox Market Intelligence Platform

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