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

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $3,897 per ton, approximately mirroring the previous year. In general, the import price saw a noticeable slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $9,241 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 Austria ($10,044 per ton), while the price for India ($828 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $5,549 per ton, jumping by 36% against the previous year. Overall, the export price, however, showed a deep setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 84%. As a result, the export price attained the peak level of $12,615 per ton. From 2017 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 Armenia ($8,514 per ton), while the average price for exports to Latvia ($3,648 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 Israel (+1.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 15K tons of pepper of the genus piper, neither crushed nor ground were imported into Russia; rising by 17% against 2021. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of pepper of the genus piper, neither crushed nor ground skyrocketed to $57M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. Over the period under review, imports of pepper of genus piper, neither crushed nor ground attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam12.412.719.223.623.9%
Austria4.24.12.43.1-9.6%
MexicoN/AN/AN/A1.00%
India0.50.40.20.66.3%
Brazil0.90.31.90.5-17.8%
Indonesia1.41.30.70.2-47.7%
Others9.06.924.628.246.3%
Total28.325.749.057.226.4%

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

  1. Vietnam (6.4K tons)
  2. India (0.7K tons)
  3. Austria (0.3K tons)
  4. Brazil (0.1K tons)
  5. Mexico (0.1K tons)
  6. Indonesia (0.1K tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of pepper of the genus piper, neither crushed nor ground, when their volume decreased by -73.6% to 117 tons. Overall, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 89% against the previous year. As a result, the exports reached the peak of 444 tons, and then declined dramatically in the following year.

In value terms, exports of pepper of the genus piper, neither crushed nor ground declined rapidly to $651K in 2022. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 76% against the previous year. As a result, the exports attained the peak of $1.8M, and then fell markedly in the following year.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan31446453945713.3%
Mongolia8.022.448.744.977.7%
Armenia11.320.760.332.341.9%
Kyrgyzstan33.818.033.320.4-15.5%
Israel9.013.012.020.030.5%
Georgia4.34.210.618.061.2%
Latvia0.64.011.016.5201.8%
Belarus4314581,015N/A53.5%
Others21.526.385.742.025.0%
Total8331,0311,815651-7.9%

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

  1. Kazakhstan (85.2 tons)
  2. Mongolia (6.7 tons)
  3. Latvia (4.5 tons)
  4. Armenia (3.8 tons)
  5. Georgia (3.5 tons)
  6. Israel (3.5 tons)
  7. Kyrgyzstan (3.0 tons)

Source: IndexBox Market Intelligence Platform

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