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

Contents:

  1. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Morocco (CIF) - 2023
  2. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Morocco (FOB) - 2022
  3. Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Morocco
  4. Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Morocco

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Morocco (CIF) - 2023

In June 2023, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $3,673 per ton, with an increase of 10% against the previous month. In general, the import price, however, recorded a slight setback. The import price peaked at $4,527 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Vietnam ($4,539 per ton), while the price for Madagascar ($2,473 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Brazil (-1.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for pepper of the genus piper, neither crushed nor ground stood at $4,686 per ton in 2022, with a decrease of -20.5% against the previous year. Overall, the export price recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $7,608 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Australia ($4,835 per ton), while the average price for exports to France ($3,000 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 Spain (-1.8%), while the prices for the other major destinations experienced a decline.

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

Imports of pepper of the genus piper, neither crushed nor ground into Morocco soared to 6.6K tons in 2022, rising by 39% on 2021 figures. Overall, imports, however, recorded a abrupt shrinkage.

In value terms, imports of pepper of the genus piper, neither crushed nor ground surged to $27M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil15.316.514.924.717.3%
Vietnam3.41.20.82.4-11.0%
Others0.40.90.30.2-20.6%
Total19.018.616.027.312.8%

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

  1. Brazil (6.1K tons)
  2. Vietnam (0.4K tons)

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

Exports of pepper of the genus piper, neither crushed nor ground from Morocco soared to 41 tons in 2022, growing by 154% on 2021. Over the period under review, exports recorded resilient growth.

In value terms, exports of pepper of the genus piper, neither crushed nor ground soared to $191K in 2022. In general, exports saw a remarkable increase.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia13117888.31739.7%
Sweden8.513.06.610.98.6%
Lebanon3.0N/AN/A7.032.6%
Spain6.05.6N/AN/A-6.7%
Belgium9.5N/AN/AN/A0%
FranceN/A18.6N/AN/A0%
Others2.011.4N/A0.2-53.6%
Total16022694.91916.1%

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

  1. Australia (35.8 tons)
  2. Sweden (3.2 tons)
  3. Lebanon (1.7 tons)

Source: IndexBox Market Intelligence Platform

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