Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Ghana - 2022
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Ghana (CIF) - 2022
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Ghana (FOB) - 2022
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Ghana
- Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Ghana
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Ghana (CIF) - 2022
In 2022, the average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $2,392 per ton, remaining constant against the previous year. In general, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 28% against the previous year. The import price peaked at $4,919 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 South Africa ($10,984 per ton), while the price for the UK ($266 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+5.4%), 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 Ghana (FOB) - 2022
The average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $3,074 per ton in 2022, declining by -13.3% against the previous year. In general, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40%. The export price peaked at $3,865 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($9,997 per ton), while the average price for exports to the UK ($142 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 the Netherlands (+15.0%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Ghana
In 2022, after three years of growth, there was significant decline in supplies from abroad of spices; fruits of the genus capsicum or pimenta, crushed or ground, when their volume decreased by -47.4% to 217 tons. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 1,826% against the previous year. As a result, imports attained the peak of 414 tons, and then contracted dramatically in the following year.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground contracted notably to $520K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,847% against the previous year. As a result, imports attained the peak of $990K, and then reduced sharply in the following year.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.9 | 35.8 | 573 | 289 | 584.8% |
| Germany | 11.8 | 5.8 | 124 | 83.9 | 92.3% |
| South Africa | 4.7 | 1.7 | 85.8 | 34.4 | 94.2% |
| Netherlands | 2.1 | 0.5 | 67.3 | 34.2 | 153.5% |
| United Arab Emirates | 5.7 | 3.1 | 59.0 | 33.0 | 79.6% |
| United States | 4.3 | 1.7 | 30.7 | 17.1 | 58.4% |
| China | 0.9 | 0.1 | 10.8 | 6.7 | 95.3% |
| United Kingdom | 0.2 | 0.1 | 3.1 | 3.1 | 149.3% |
| Others | 9.7 | 1.9 | 36.0 | 19.2 | 25.6% |
| Total | 40.3 | 50.8 | 990 | 520 | 134.5% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Ghana in 2022:
- India (121.8 tons)
- United States (28.2 tons)
- Germany (26.0 tons)
- China (12.5 tons)
- United Kingdom (11.7 tons)
- United Arab Emirates (6.9 tons)
- Netherlands (4.6 tons)
- South Africa (3.1 tons)
Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Ghana
After three years of growth, overseas shipments of spices; fruits of the genus capsicum or pimenta, crushed or ground decreased by -5.7% to 21 tons in 2022. The total export volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 31%.
In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground declined rapidly to $65K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year.
| Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.4 | 8.7 | 23.1 | 25.2 | 67.1% |
| United States | 18.0 | 33.2 | 36.5 | 18.3 | 0.6% |
| Canada | 8.2 | 8.3 | 18.6 | 18.2 | 30.4% |
| Sweden | N/A | 0.1 | N/A | 1.7 | 312.3% |
| Belgium | N/A | 0.3 | 0.7 | 0.6 | 41.4% |
| United Kingdom | N/A | N/A | N/A | 0.4 | 0% |
| Others | 0.3 | 0.2 | 1.1 | 1.1 | 54.2% |
| Total | 32.0 | 50.8 | 80.0 | 65.4 | 26.9% |
Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Ghana in 2022:
- Canada (8.6 tons)
- United States (5.9 tons)
- United Kingdom (3.0 tons)
- Netherlands (2.5 tons)
- Sweden (0.5 tons)
- Belgium (0.4 tons)
550
This report provides an in-depth analysis of the pimenta pepper market in Ghana.
714
This report provides an in-depth analysis of the piper pepper market in Ghana.
1746
This report provides an in-depth analysis of the spice market in Ghana.
912
This report provides an in-depth analysis of the global pimenta pepper market.
6768
This report provides an in-depth analysis of the global piper pepper market.
5106
This report provides an in-depth analysis of the global spice market.
550
This report provides an in-depth analysis of the pimenta pepper market in Ghana.
714
This report provides an in-depth analysis of the piper pepper market in Ghana.
1746
This report provides an in-depth analysis of the spice market in Ghana.
912
This report provides an in-depth analysis of the global pimenta pepper market.
76
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.
1226
The global pimenta pepper market rose modestly to $10.9B in 2019, surging by 4.2% against the previous year. This...
1141
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
15147
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
1469
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
