Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines - 2023
Contents:
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines (CIF) - 2022
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines (FOB) - 2022
- Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines
- Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines (CIF) - 2022
The average import price for pepper of the genus piper, neither crushed nor ground stood at $5,707 per ton in 2022, rising by 20% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pepper of the genus piper, neither crushed nor ground increased by +84.5% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 32%. The import price peaked at $6,150 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($5,707 per ton), while the price for India ($5,707 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines (FOB) - 2022
In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $4,657 per ton, reducing by -10.3% against the previous year. Overall, the export price showed a perceptible contraction. The growth pace was the most rapid in 2014 an increase of 52%. Over the period under review, the average export prices attained the maximum at $16,421 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($4,657 per ton), while the average price for exports to Singapore stood at $4,657 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-3.9%).
Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines
For the third consecutive year, the Philippines recorded decline in supplies from abroad of pepper of the genus piper, neither crushed nor ground, which decreased by -7.6% to 4.1K tons in 2022. Overall, imports faced a abrupt slump. The smallest decline of -7.6% was in 2020.
In value terms, imports of pepper of the genus piper, neither crushed nor ground rose rapidly to $23M in 2022. The total import value increased at an average annual rate of +10.0% 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 2021 with an increase of 11% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 16.1 | 17.5 | 19.4 | 20.5 | 8.4% |
Malaysia | 0.5 | 0.8 | 0.8 | 1.2 | 33.9% |
India | 0.5 | 0.2 | 0.1 | 1.2 | 33.9% |
Others | 0.2 | 0.2 | 0.5 | 0.3 | 14.5% |
Total | 17.4 | 18.7 | 20.8 | 23.2 | 10.1% |
Top Suppliers of Pepper of the Genus Piper, Neither Crushed Nor Ground to the Philippines in 2022:
- Vietnam (3.6K tons)
- Malaysia (0.2K tons)
- India (0.2K tons)
Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines
In 2022, exports of pepper of the genus piper, neither crushed nor ground from the Philippines declined to 137 tons, shrinking by -8.9% on 2021. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 332% against the previous year. As a result, the exports attained the peak of 151 tons, and then dropped in the following year.
In value terms, exports of pepper of the genus piper, neither crushed nor ground fell dramatically to $640K in 2022. Over the period under review, exports showed a slight decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 235% against the previous year. As a result, the exports reached the peak of $783K, and then reduced dramatically in the following year.
Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 653 | 232 | 753 | 626 | -1.4% |
Others | 15.8 | 1.6 | 30.0 | 13.5 | -5.1% |
Total | 669 | 234 | 783 | 640 | -1.5% |
Top Export Markets for Pepper of the Genus Piper, Neither Crushed Nor Ground from the Philippines in 2022:
- Thailand (134.4 tons)
This report provides an in-depth analysis of the piper pepper market in the Philippines.
This report provides an in-depth analysis of the spice market in the Philippines.
This report provides an in-depth analysis of the pimenta pepper market in the Philippines.
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 the Philippines.
This report provides an in-depth analysis of the spice market in the Philippines.
This report provides an in-depth analysis of the pimenta pepper market in the Philippines.
This report provides an in-depth analysis of the global piper pepper market.
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
India dominates in the global pepper trade, significantly strengthening its position in the global export structure from X% in 2007 to X% in 2014. Its primary trading partner in 2014 was the U.S., where it supplied X% of its total pepper expor