Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in New Zealand - 2024

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $6,314 per ton, with an increase of 17% against the previous year. In general, the import price, however, continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2021 an increase of 25%. Over the period under review, average import prices hit record highs at $13,334 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 Malaysia ($13,056 per ton), while the price for Spain ($5,419 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.5%), 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 New Zealand (FOB) - 2022

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $13,163 per ton, waning by -33.8% against the previous year. Overall, the export price, however, posted a resilient increase. The pace of growth was the most pronounced in 2015 an increase of 97% against the previous year. As a result, the export price attained the peak level of $24,309 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Wallis and Futuna Islands ($37,897 per ton), while the average price for exports to Tuvalu ($4,248 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 Australia (+9.3%), 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 New Zealand

After three years of growth, supplies from abroad of pepper of the genus piper, neither crushed nor ground decreased by -33.2% to 173 tons in 2022. Over the period under review, imports recorded a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year.

In value terms, imports of pepper of the genus piper, neither crushed nor ground shrank dramatically to $1.1M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports attained the peak of $1.4M, and then reduced dramatically in the following year.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam5856809626232.1%
China12672.11051352.3%
Australia48.729.550.711934.7%
India78.710410911011.8%
Spain30.228.137.121.9-10.2%
Others25113913783.5-30.7%
Total1,1191,0531,4011,092-0.8%

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

  1. Vietnam (111.6 tons)
  2. India (19.1 tons)
  3. Australia (16.9 tons)
  4. China (14.8 tons)
  5. Spain (4.0 tons)

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

In 2022, the amount of pepper of the genus piper, neither crushed nor ground exported from New Zealand skyrocketed to 3.6 tons, picking up by 91% against the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of pepper of the genus piper, neither crushed nor ground soared to $47K in 2022. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 84% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia3.30.85.215.266.4%
Cook Islands8.16.69.59.96.9%
Wallis and Futuna Islands3.73.66.94.13.5%
New Caledonia0.10.50.23.7233.2%
Fiji5.20.21.83.5-12.4%
Samoa0.81.77.32.750.0%
Thailand4.31.21.81.9-23.8%
TuvaluN/AN/AN/A0.50%
Others3.25.74.75.821.9%
Total28.820.337.547.318.0%

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

  1. Australia (980.0 kg)
  2. New Caledonia (729.0 kg)
  3. Cook Islands (662.0 kg)
  4. Fiji (374.0 kg)
  5. Samoa (187.0 kg)
  6. Thailand (176.0 kg)
  7. Tuvalu (125.0 kg)
  8. Wallis and Futuna Islands (107.0 kg)

Source: IndexBox Market Intelligence Platform

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