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

Contents:

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

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

The average import price for pepper of the genus piper, neither crushed nor ground stood at $987 per ton in November 2023, declining by -12.1% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 61% against the previous month. Over the period under review, average import prices attained the maximum at $1,418 per ton in July 2023; however, from August 2023 to November 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Vietnam ($1,031 per ton), while the price for China totaled $891 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+0.3%), 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 Uzbekistan (FOB) - 2022

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $2,557 per ton, picking up by 18% against the previous year. Overall, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 284% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($3,299 per ton), while the average price for exports to Kazakhstan ($1,000 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+149.0%), 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 Uzbekistan

In 2022, imports of pepper of the genus piper, neither crushed nor ground into Uzbekistan surged to 796 tons, picking up by 62% on 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of pepper of the genus piper, neither crushed nor ground fell sharply to $662K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +40.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. As a result, imports reached the peak of $806K, and then reduced rapidly in the following year.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam35.5435195363117.0%
BrazilN/A101N/A23351.9%
ChinaN/AN/A1.263.75208.3%
United Arab Emirates43019.3402N/A-3.3%
Others7.95.22082.3-33.7%
Total47356180666211.9%

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

  1. Vietnam (461.6 tons)
  2. Brazil (277.2 tons)
  3. China (56.0 tons)

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

In 2022, exports of pepper of the genus piper, neither crushed nor ground from Uzbekistan surged to 43 tons, with an increase of 60% against 2021. Overall, exports, however, saw a dramatic contraction.

In value terms, exports of pepper of the genus piper, neither crushed nor ground soared to $109K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 321% against the previous year. As a result, the exports reached the peak of $261K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia2.116.29.7103266.0%
South KoreaN/AN/A17.63.1-82.4%
Germany5.786.0N/A2.8-21.1%
TajikistanN/A2.43.0N/A25.0%
Saudi ArabiaN/AN/A15.6N/A0%
Kazakhstan45.73.4N/AN/A-92.6%
United Arab Emirates0.348.2N/AN/A15966.7%
Kyrgyzstan0.815.3N/AN/A1812.5%
Others7.289.111.70.3-65.3%
Total61.926157.710920.8%

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

  1. Georgia (41.3 tons)
  2. South Korea (0.9 tons)
  3. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform

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