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

Contents:

  1. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Norway (CIF) - 2024
  2. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Norway (FOB) - 2022
  3. Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Norway
  4. Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Norway

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Norway (CIF) - 2024

The average import price for pepper of the genus piper, neither crushed nor ground stood at $15,686 per ton in January 2024, picking up by 87% against the previous month. Overall, import price indicated perceptible growth from January 2023 to January 2024: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for pepper of the genus piper, neither crushed nor ground increased by +87.1% against December 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($27,393 per ton), while the price for China ($6,864 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Italy (+13.7%), 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 Norway (FOB) - 2022

The average export price for pepper of the genus piper, neither crushed nor ground stood at $5,839 per ton in 2022, shrinking by -81.3% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 80% against the previous year. Over the period under review, the average export prices hit record highs at $31,155 per ton in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($22,728 per ton), while the average price for exports to Vietnam ($5,553 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 (+16.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of pepper of the genus piper, neither crushed nor ground, when their volume decreased by -21.1% to 216 tons. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 31%.

In value terms, imports of pepper of the genus piper, neither crushed nor ground reduced to $2.1M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,0401,0641,0641,011-0.9%
Vietnam27845470558328.0%
Sri Lanka235374351164-11.3%
Brazil65.376.051.849.7-8.7%
Turkey4.366.036.140.7111.5%
IranN/AN/A2.95.486.2%
Others14411120825320.7%
Total1,7672,1452,4182,1076.0%

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

  1. India (91.5 tons)
  2. Vietnam (89.0 tons)
  3. Sri Lanka (11.1 tons)
  4. Brazil (4.5 tons)
  5. Turkey (4.4 tons)
  6. Iran (3.5 tons)

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

In 2022, approx. 21 tons of pepper of the genus piper, neither crushed nor ground were exported from Norway; jumping by 2,702% against the year before. In general, exports enjoyed a significant increase. 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 $120K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
VietnamN/AN/AN/A1120%
Sweden14.317.121.26.7-22.3%
Denmark5.81.01.71.8-32.3%
Others2.80.3N/AN/A-89.3%
Total23.018.422.912073.4%

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

  1. Vietnam (20.1 tons)
  2. Sweden (0.3 tons)
  3. Denmark (0.2 tons)

Source: IndexBox Market Intelligence Platform

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