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

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $5,290 per ton, growing by 22% against the previous year. Over the period under review, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 46%. The import price peaked at $9,028 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 Germany ($8,515 per ton), while the price for Poland ($2,450 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.8%), 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 Spain (FOB) - 2022

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $5,968 per ton, which is down by -10.9% against the previous year. Overall, the export price showed a mild decline. The pace of growth appeared the most rapid in 2020 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices hit record highs at $6,698 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cayman Islands ($11,768 per ton), while the average price for exports to the Netherlands ($3,630 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 Algeria (+7.1%), 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 Spain

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 -9.3% to 4.5K tons. Overall, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 0.9%. As a result, imports attained the peak of 5K tons, and then contracted in the following year.

In value terms, imports of pepper of the genus piper, neither crushed nor ground expanded significantly to $24M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of pepper of genus piper, neither crushed nor ground hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Vietnam (3087.2 tons)
2. Brazil (556.6 tons)
3. Netherlands (284.0 tons)
4. Germany (143.3 tons)
5. Poland (93.1 tons)
6. Sri Lanka (86.3 tons)
7. India (78.5 tons)
8. Malaysia (44.4 tons)
9. Indonesia (11.6 tons)

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

In 2022, the amount of pepper of the genus piper, neither crushed nor ground exported from Spain surged to 1K tons, growing by 27% compared with the year before. The total export volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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 expanded remarkably to $6.1M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 34%. Over the period under review, the exports of pepper of genus piper, neither crushed nor ground hit record highs in 2022 and are likely to continue growth in the near future.

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

1. France (240.6 tons)
2. Portugal (201.4 tons)
3. Morocco (153.7 tons)
4. Italy (71.6 tons)
5. Denmark (41.9 tons)
6. United States (40.8 tons)
7. Germany (34.6 tons)
8. Netherlands (22.9 tons)
9. Belgium (22.5 tons)
10. Cayman Islands (19.2 tons)
11. Sweden (17.4 tons)
12. United Kingdom (15.8 tons)
13. Bosnia and Herzegovina (1.0 tons)

Source: IndexBox Market Intelligence Platform