Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia - 2023
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia (CIF) - 2022
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia (FOB) - 2022
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia
- Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia (CIF) - 2022
The average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $7,183 per ton in 2022, dropping by -25.1% against the previous year. In general, the import price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 99% against the previous year. The import price peaked at $9,594 per ton in 2021, and then fell markedly in the following year.
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 El Salvador ($19,621 per ton), while the price for Argentina ($3,897 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia (FOB) - 2022
The average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $1,420 per ton in 2022, with a decrease of -25.3% against the previous year. Overall, the export price, however, showed a modest expansion. The pace of growth appeared the most rapid in 2013 an increase of 213%. The export price peaked at $5,190 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($12,605 per ton), while the average price for exports to Chile ($477 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 Spain (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia
Imports of spices; fruits of the genus capsicum or pimenta, crushed or ground into Bolivia soared to 9.6 tons in 2022, jumping by 19% compared with the previous year's figure. Over the period under review, imports, however, showed a mild contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 46%.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground shrank to $69K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +54.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. As a result, imports reached the peak of $78K, and then declined in the following year.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.3 | 10.1 | 33.5 | 24.7 | 29.8% |
| Argentina | 11.1 | 9.9 | 11.1 | 20.5 | 22.7% |
| El Salvador | N/A | 3.4 | 26.2 | 13.1 | 96.3% |
| Chile | 2.6 | 2.2 | 2.0 | 4.8 | 22.7% |
| Spain | 16.6 | 20.8 | 3.3 | 3.6 | -39.9% |
| Turkey | N/A | N/A | N/A | 2.1 | 0% |
| Peru | 3.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.8 | 1.4 | 0.5 | -47.3% |
| Total | 45.0 | 48.3 | 77.6 | 69.3 | 15.5% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Bolivia in 2022:
- Argentina (5.3 tons)
- United States (2.4 tons)
- El Salvador (0.7 tons)
- Turkey (0.5 tons)
- Chile (0.5 tons)
- Spain (0.2 tons)
Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia
In 2022, shipments abroad of spices; fruits of the genus capsicum or pimenta, crushed or ground decreased by -58.2% to 8 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 49%. As a result, the exports reached the peak of 33 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground shrank remarkably to $11K in 2022. Over the period under review, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of $36K, and then fell rapidly in the following year.
| Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.8 | 9.8 | 12.1 | 7.3 | -2.2% |
| Chile | 10.0 | 15.2 | 6.2 | 3.0 | -33.1% |
| Spain | 10.8 | 0.7 | 17.8 | 1.0 | -54.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.6 | 25.7 | 36.1 | 11.3 | -26.6% |
Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Bolivia in 2022:
- Chile (6.3 tons)
- United States (1.6 tons)
- Spain (0.1 tons)
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