Hong Kong SAR, China: Piper Pepper Market 2022

Piper Pepper Market Size in Hong Kong SAR, China

The Hong Kong piper pepper market was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Piper Pepper Exports

Exports from Hong Kong SAR, China

For the third consecutive year, Hong Kong SAR recorded decline in overseas shipments of piper pepper, which decreased by -X% to X tonnes in 2021. Overall, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tonnes. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, piper pepper exports rose markedly to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

China (X tonnes), the United States (X tonnes) and Macao SAR (X tonnes) were the main destinations of piper pepper exports from Hong Kong SAR, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in the United States (+X%), while shipments for the other leaders experienced a decline.

In value terms, China ($X), Macao SAR ($X) and the United States ($X) were the largest markets for piper pepper exported from Hong Kong SAR worldwide, with a combined X% share of total exports.

The United States, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average piper pepper export price stood at $X per tonne in 2021, with an increase of X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($X per tonne), while the average price for exports to the United States ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Piper Pepper Imports

Imports into Hong Kong SAR, China

After two years of decline, purchases abroad of piper pepper increased by X% to X tonnes in 2021. Overall, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes. From 2019 to 2021, the growth imports failed to regain momentum.

In value terms, piper pepper imports surged to $X in 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth imports remained at a lower figure.

Imports by Country

Indonesia (X tonnes), Vietnam (X tonnes) and China (X tonnes) were the main suppliers of piper pepper imports to Hong Kong SAR, with a combined X% share of total imports. These countries were followed by Malaysia, the United States and Italy, which together accounted for a further X 2012 to 2021, the biggest increases were in Italy (+X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest piper pepper suppliers to Hong Kong SAR were Indonesia ($X), Vietnam ($X) and China ($X), with a combined X% share of total imports. These countries were followed by the United States, Malaysia and Italy, which together accounted for a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average piper pepper import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform