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

Contents:

1. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Ukraine (CIF) - 2023
2. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Ukraine (FOB) - 2022
3. Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Ukraine
4. Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Ukraine

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Ukraine (CIF) - 2023

In December 2023, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $3,833 per ton, falling by -7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 20% m-o-m. As a result, import price attained the peak level of $4,487 per ton. From March 2023 to December 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Brazil ($4,666 per ton), while the price for Vietnam totaled $3,789 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Madagascar (+2.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for pepper of the genus piper, neither crushed nor ground stood at $6,722 per ton in 2022, surging by 9.1% against the previous year. Overall, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of 38%. The export price peaked at $16,258 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($11,536 per ton), while the average price for exports to Latvia ($3,899 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 Azerbaijan (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of pepper of the genus piper, neither crushed nor ground, when their volume decreased by -21.3% to 2K tons. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2020 with an increase of 7.2% against the previous year.

In value terms, imports of pepper of the genus piper, neither crushed nor ground totaled $9.2M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, imports of pepper of genus piper, neither crushed nor ground attained the maximum in 2022 and are likely to continue growth in the near future.

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

1. Vietnam (1286.0 tons)
2. Brazil (585.2 tons)
3. Madagascar (64.2 tons)

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

In 2022, shipments abroad of pepper of the genus piper, neither crushed nor ground decreased by -22.8% to 38 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted strong growth. The pace of growth was the most pronounced in 2020 with an increase of 163% against the previous year. As a result, the exports attained the peak of 80 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of pepper of the genus piper, neither crushed nor ground fell dramatically to $255K in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $356K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Latvia (20.0 tons)
2. Moldova (9.6 tons)
3. Georgia (4.9 tons)
4. Azerbaijan (1.8 tons)
5. Russia (0.6 tons)

Source: IndexBox Market Intelligence Platform