EU: Piper Pepper Market 2023

Piper Pepper Exports

Exports in the EU

In 2021, overseas shipments of piper pepper increased by 14% to X tons, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, piper pepper exports soared to $X in 2021. In general, exports, however, recorded a pronounced shrinkage. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Germany (X tons) and the Netherlands (X tons) were the major exporters of piper pepper in the European Union, together achieving 56% of total exports. France (X tons) ranks next in terms of the total exports with a 13% share, followed by Spain (7.2%). Austria (X tons), Poland (X tons), Belgium (X tons), the Czech Republic (X tons), Latvia (X tons), Italy (X tons), Bulgaria (X tons) and Sweden (X tons) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were in Latvia (with a CAGR of +14.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest piper pepper supplying countries in the European Union were Germany ($X), the Netherlands ($X) and France ($X), with a combined 64% share of total exports. Austria, Spain, Poland, Belgium, Italy, Sweden, the Czech Republic, Latvia and Bulgaria lagged somewhat behind, together accounting for a further 31%.

Among the main exporting countries, Latvia, with a CAGR of +6.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, rising by 7.3% against the previous year. In general, the export price, however, saw a perceptible curtailment. The growth pace was the most rapid in 2014 an increase of 8.2% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.1%), while the other leaders experienced a decline in the export price figures.

Piper Pepper Imports

Imports in the EU

For the third consecutive year, the European Union recorded growth in purchases abroad of piper pepper, which increased by 11% to X tons in 2021. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, piper pepper imports surged to $X in 2021. In general, imports, however, recorded a noticeable decline. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany represented the main importer of piper pepper in the European Union, with the volume of imports recording X tons, which was approx. 31% of total imports in 2021. The Netherlands (X tons) ranks second in terms of the total imports with a 15% share, followed by France (13%), Poland (7.4%) and Spain (6.2%). Italy (X tons), Austria (X tons), Romania (X tons), Belgium (X tons), Sweden (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

Imports into Germany increased at an average annual rate of +2.9% from 2012 to 2021. At the same time, Romania (+7.0%), Austria (+6.1%), France (+6.1%), Poland (+3.8%), the Czech Republic (+2.6%), Italy (+2.5%) and Sweden (+2.2%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the European Union, with a CAGR of +7.0% from 2012-2021. Belgium and the Netherlands experienced a relatively flat trend pattern. By contrast, Spain (-3.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of France and Germany increased by +3.6 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of imports in 2021, with a combined 57% share of total imports. These countries were followed by Poland, Spain, Italy, Austria, Belgium, Sweden, Romania and the Czech Republic, which together accounted for a further 31%.

In terms of the main importing countries, Romania, with a CAGR of +5.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, picking up by 21% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable reduction. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (-1.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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