Eastern Europe: Piper Pepper Market 2024

Piper Pepper Market Size in Eastern Europe

In 2022, the East European piper pepper market increased by X% to $X, rising for the second consecutive year after four years of decline. The total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Piper Pepper Production in Eastern Europe

In value terms, piper pepper production shrank rapidly to $X in 2022 estimated in export price. In general, production, however, saw significant growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by X,900% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Bulgaria (X tons) remains the largest piper pepper producing country in Eastern Europe, comprising approx. X% of total volume.

In Bulgaria, piper pepper production increased at an average annual rate of X% over the period from 2012-2022.

Piper Pepper Exports

Exports in Eastern Europe

In 2022, after three years of growth, there was significant decline in shipments abroad of piper pepper, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X tons in 2021, and then shrank in the following year.

In value terms, piper pepper exports fell to $X in 2022. Total exports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Poland (X tons), distantly followed by Latvia (X tons), the Czech Republic (X tons), Romania (X tons), Russia (X tons), Bulgaria (X tons) and Estonia (X tons) were the main exporters of piper pepper, together constituting X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest piper pepper supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by Latvia, with a X% share.

In Poland, piper pepper exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Latvia (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a slight descent. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (X%), while the other leaders experienced mixed trends in the export price figures.

Piper Pepper Imports

Imports in Eastern Europe

In 2022, the amount of piper pepper imported in Eastern Europe rose slightly to X tons, picking up by X% against 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, piper pepper imports expanded sharply to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) was the main importer of piper pepper, comprising X% of total imports. Poland (X tons) took the second position in the ranking, distantly followed by Ukraine (X tons), Romania (X tons) and the Czech Republic (X tons). All these countries together held near X% share of total imports. The following importers - Hungary (X tons) and Latvia (X tons) - each accounted for a X% share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Latvia (X%), Romania (X%), Hungary (X%), Poland (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. Russia (X p.p.) significantly strengthened its position in terms of the total imports, while Poland and Ukraine saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest piper pepper importing markets in Eastern Europe were Russia ($X), Poland ($X) and Romania ($X), together accounting for X% of total imports. The Czech Republic, Ukraine, Hungary and Latvia lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Hungary ($X per ton), while Ukraine ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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