Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Finland - 2023
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Finland (CIF) - 2023
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Finland (FOB) - 2022
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Finland
- Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Finland
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Finland (CIF) - 2023
In October 2023, the average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $7,109 per ton, with an increase of 57% 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 February 2023 an increase of 79% m-o-m. As a result, import price attained the peak level of $8,094 per ton. From March 2023 to October 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From October 2022 to October 2023, the rate of growth in terms of prices for Spain amounted to +2.6% per month.
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Finland (FOB) - 2022
In 2022, the average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $3,831 per ton, falling by -46.3% against the previous year. In general, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 387% against the previous year. As a result, the export price attained the peak level of $45,140 per ton. From 2020 to 2022, the average 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 Sweden ($22,500 per ton), while the average price for exports to Spain ($2,425 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 Denmark (+149.0%), 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 Finland
For the fourth year in a row, Finland recorded growth in overseas purchases of spices; fruits of the genus capsicum or pimenta, crushed or ground, which increased by 20% to 515 tons in 2022. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground surged to $2.4M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 773 | 794 | 838 | 1,197 | 15.7% |
| Germany | 143 | 378 | 461 | 477 | 49.4% |
| Sweden | 379 | 523 | 519 | 465 | 7.1% |
| Netherlands | 5.5 | 94.6 | 146 | 189 | 225.1% |
| China | 350 | N/A | N/A | N/A | 0% |
| Others | 260 | 169 | 138 | 114 | -24.0% |
| Total | 1,910 | 1,959 | 2,102 | 2,443 | 8.6% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Finland in 2022:
- Spain (364.0 tons)
- Germany (78.0 tons)
- Sweden (29.0 tons)
- Netherlands (27.5 tons)
Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Finland
In 2022, the amount of spices; fruits of the genus capsicum or pimenta, crushed or ground exported from Finland surged to 15 tons, with an increase of 382% on 2021. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground surged to $58K in 2022. Over the period under review, exports, however, saw a abrupt slump.
| Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | N/A | N/A | 30.7 | 0% |
| Estonia | 6.7 | 11.2 | 17.0 | 14.5 | 29.3% |
| Spain | N/A | N/A | 4.8 | 12.1 | 152.1% |
| Russia | 1.5 | 3.2 | 0.4 | 0.3 | -41.5% |
| Sweden | 11.0 | 10.8 | N/A | N/A | -1.8% |
| Denmark | 19.1 | N/A | N/A | N/A | 0% |
| Others | 49.0 | N/A | 0.1 | N/A | -95.5% |
| Total | 87.3 | 25.1 | 22.3 | 57.6 | -12.9% |
Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Finland in 2022:
- Belarus (8.4 tons)
- Spain (5.0 tons)
- Estonia (1.6 tons)
- Russia (0.1 tons)
530
This report provides an in-depth analysis of the pimenta pepper market in Finland.
678
This report provides an in-depth analysis of the piper pepper market in Finland.
1045
This report provides an in-depth analysis of the spice market in Finland.
912
This report provides an in-depth analysis of the global pimenta pepper market.
6764
This report provides an in-depth analysis of the global piper pepper market.
5100
This report provides an in-depth analysis of the global spice market.
530
This report provides an in-depth analysis of the pimenta pepper market in Finland.
678
This report provides an in-depth analysis of the piper pepper market in Finland.
1045
This report provides an in-depth analysis of the spice market in Finland.
912
This report provides an in-depth analysis of the global pimenta pepper market.
74
Explore the top import markets for Pimenta Pepper in 2023, including key statistics and import values. Learn about the countries driving the global demand for this popular spice.
1225
The global pimenta pepper market rose modestly to $10.9B in 2019, surging by 4.2% against the previous year. This...
1140
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5041
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
6438
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1184
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
3820
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
15144
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%.
1904
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
1468
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
