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

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $6,359 per ton, picking up by 22% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 50% against the previous year. The import price peaked at $8,770 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($35,292 per ton), while the price for Brazil ($4,166 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+7.2%), 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 Lithuania (FOB) - 2022

The average export price for pepper of the genus piper, neither crushed nor ground stood at $9,748 per ton in 2022, with a decrease of -6.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. As a result, the export price reached the peak level of $10,405 per ton, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($15,152 per ton), while the average price for exports to Germany ($8,049 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 Sweden (+18.4%), 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 Lithuania

In 2022, purchases abroad of pepper of the genus piper, neither crushed nor ground decreased by -10.1% to 365 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 +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports reached the peak of 409 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 stood at $2.3M in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Over the period under review, imports of pepper of genus piper, neither crushed nor ground reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam39445168889531.5%
Estonia17823928329718.6%
Poland52.261.736528275.5%
Mexico11214924.525932.2%
Netherlands64.460.713214932.3%
Latvia65.413224314129.2%
Brazil145175177104-10.5%
Others210150197191-3.1%
Total1,2211,4192,1092,31823.8%

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

  1. Vietnam (197.5 tons)
  2. Poland (44.5 tons)
  3. Mexico (36.0 tons)
  4. Brazil (25.0 tons)
  5. Netherlands (23.4 tons)
  6. Latvia (21.9 tons)
  7. Estonia (8.4 tons)

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

In 2022, shipments abroad of pepper of the genus piper, neither crushed nor ground decreased by -11.2% to 30 tons, falling for the second year in a row after two years of growth. Overall, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 21%. As a result, the exports attained the peak of 46 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of pepper of the genus piper, neither crushed nor ground contracted dramatically to $295K in 2022. Over the period under review, exports continue to indicate a perceptible slump. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, the exports attained the peak of $364K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia203228213136-12.5%
Estonia25.028.159.074.243.7%
Germany30.539.639.447.015.5%
Ukraine1.81.98.415.3104.1%
United Kingdom6.37.510.511.421.9%
Sweden0.10.25.54.9265.9%
Russia40.17.712.72.4-60.9%
BelgiumN/A14.5N/AN/A0%
Poland3.030.5N/AN/A916.7%
Others14.06.76.44.1-33.6%
Total324364355295-3.1%

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

  1. Latvia (14.1 tons)
  2. Estonia (7.3 tons)
  3. Germany (5.8 tons)
  4. Ukraine (1.0 tons)
  5. United Kingdom (0.9 tons)
  6. Sweden (0.6 tons)
  7. Russia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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