Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Thailand - 2024
Contents:
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Thailand (CIF) - 2024
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Thailand (FOB) - 2022
- Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Thailand
- Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Thailand
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Thailand (CIF) - 2024
In January 2024, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $4,895 per ton, growing by 2.1% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 19% month-to-month. As a result, import price reached the peak level of $5,265 per ton. From November 2023 to January 2024, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Indonesia ($5,165 per ton), while the price for Vietnam amounted to $4,809 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+1.2%).
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Thailand (FOB) - 2022
The average export price for pepper of the genus piper, neither crushed nor ground stood at $10,398 per ton in 2022, picking up by 43% against the previous year. In general, the export price recorded a strong expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 58%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($12,394 per ton), while the average price for exports to Indonesia ($1,926 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 Myanmar (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Thailand
In 2022, purchases abroad of pepper of the genus piper, neither crushed nor ground decreased by -2% to 5.1K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 26%.
In value terms, imports of pepper of the genus piper, neither crushed nor ground rose markedly to $26M in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 10.0 | 11.2 | 18.0 | 19.5 | 24.9% |
Indonesia | 1.2 | 2.4 | 4.4 | 5.1 | 62.0% |
Malaysia | 0.1 | 0.2 | 0.5 | 1.0 | 115.4% |
Others | 1.7 | 1.0 | 0.6 | 0.4 | -38.3% |
Total | 12.9 | 14.8 | 23.5 | 26.0 | 26.3% |
Top Suppliers of Pepper of the Genus Piper, Neither Crushed Nor Ground to Thailand in 2022:
- Vietnam (3.9K tons)
- Indonesia (1.0K tons)
- Malaysia (0.2K tons)
Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Thailand
In 2022, the amount of pepper of the genus piper, neither crushed nor ground exported from Thailand rose rapidly to 507 tons, surging by 9.8% against 2021. The total export volume increased at an average annual rate of +14.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 45%. Over the period under review, the exports of pepper of genus piper, neither crushed nor ground reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of pepper of the genus piper, neither crushed nor ground soared to $5.3M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.2% against 2020 indices. 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 Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 2,692 | 2,030 | 2,347 | 4,378 | 17.6% |
Myanmar | 1.3 | 405 | 126 | 249 | 476.4% |
Hong Kong SAR | 11.6 | 66.7 | 50.5 | 161 | 140.3% |
United States | 154 | 148 | 82.3 | 68.8 | -23.6% |
Singapore | 10.6 | 8.9 | 8.9 | 39.9 | 55.6% |
Vietnam | 35.6 | N/A | 28.0 | 29.3 | -6.3% |
Others | 474 | 477 | 709 | 346 | -10.0% |
Total | 3,379 | 3,136 | 3,352 | 5,273 | 16.0% |
Top Export Markets for Pepper of the Genus Piper, Neither Crushed Nor Ground from Thailand in 2022:
- South Africa (358.2 tons)
- Myanmar (54.0 tons)
- Singapore (18.7 tons)
- Hong Kong SAR (13.0 tons)
- Vietnam (11.6 tons)
- United States (9.7 tons)
This report provides an in-depth analysis of the piper pepper market in Thailand.
This report provides an in-depth analysis of the spice market in Thailand.
This report provides an in-depth analysis of the pimenta pepper market in Thailand.
This report provides an in-depth analysis of the global piper pepper market.
This report provides an in-depth analysis of the global spice market.
This report provides an in-depth analysis of the global pimenta pepper market.
This report provides an in-depth analysis of the piper pepper market in Thailand.
This report provides an in-depth analysis of the spice market in Thailand.
This report provides an in-depth analysis of the pimenta pepper market in Thailand.
This report provides an in-depth analysis of the global piper pepper market.
The price of Pimenta Pepper in June 2023 reached $2,672 per ton (CIF, Thailand), showing a 3.4% increase compared to the previous month.
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
From 2007 to 2015, global exports on the pepper market surged by +X% per year, amounting to X million USD in 2015. This was X million USD (X%) more than in 2014. In physical terms, exports stood at X thousand to
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015. From 2007 to 2015, it expanded with a CAGR of +X%.
In 2015, the value of total imports on the global pepper market stood at X million USD, an increase of X million USD (or X%) than on the previous year. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical
According to market research conducted by IndexBox, global pepper production was estimated at X thousand tons in 2015, an increase of X thousand tons than in 2014. In value terms, production reached record levels, increasing to X million USD
India dominates in the global pepper trade. In 2014, India exported X thousand tons of pepper totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total pepper exports in value