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

Contents:

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

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

The average import price for pepper of the genus piper, neither crushed nor ground stood at $2,016 per ton in 2022, which is down by -77.6% against the previous year. In general, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when the average import price increased by 382% against the previous year. As a result, import price reached the peak level of $9,000 per ton, and then reduced remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($2,008 per ton), while the price for Thailand amounted to $1,142 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.4%).

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

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $2,333 per ton, which is down by -20.3% against the previous year. In general, the export price, however, saw a measured expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 681%. As a result, the export price attained the peak level of $9,814 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,857 per ton), while the average price for exports to Malaysia amounted to $2,260 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-16.8%).

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

In 2022, imports of pepper of the genus piper, neither crushed nor ground into Myanmar soared to 292 tons, growing by 15,552% compared with the previous year's figure. Over the period under review, imports, however, faced a significant decrease.

In value terms, imports of pepper of the genus piper, neither crushed nor ground skyrocketed to $588K in 2022. In general, imports, however, recorded a sharp decrease.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam7.79.1N/A0.6-57.3%
Others0.10.1N/AN/A0.0%
Total7.89.2N/A0.6-57.5%

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

  1. Vietnam (290.5 tons)

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

In 2022, overseas shipments of pepper of the genus piper, neither crushed nor ground decreased by -65.2% to 62 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. As a result, the exports reached the peak of 177 tons, and then fell markedly in the following year.

In value terms, exports of pepper of the genus piper, neither crushed nor ground contracted remarkably to $143K in 2022. Overall, exports, however, posted a resilient increase. The growth pace was the most rapid in 2020 when exports increased by 143% against the previous year.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia81.773.714512214.3%
IndiaN/AN/AN/A21.40%
ThailandN/A91.9N/AN/A0%
China2.8N/AN/AN/A0%
VietnamN/A49.5N/AN/A0%
NepalN/AN/A372N/A0%
Others4.10.20.6N/A-61.7%
Total88.721551814317.3%

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

  1. Malaysia (54.0 tons)
  2. India (7.5 tons)

Source: IndexBox Market Intelligence Platform

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