United Kingdom: Piper Pepper Market 2022

Piper Pepper Market Size in the UK

The UK piper pepper market rose rapidly to $X in 2021, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a perceptible decline. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Piper Pepper Exports

Exports from the UK

For the fourth year in a row, the UK recorded growth in shipments abroad of piper pepper, which increased by X% to X tons in 2021. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; afterwards, it flattened through to 2021.

In value terms, piper pepper exports shrank to $X in 2021. In general, total exports indicated tangible growth from 2012 to 2021: its value 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, exports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Ireland (X tons) and France (X tons) were the main destinations of piper pepper exports from the UK, with a combined X% share of total exports. Turkey, Germany, the United Arab Emirates, Denmark, Norway and Poland lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for piper pepper exported from the UK were Ireland ($X), the Netherlands ($X) and France ($X), together accounting for X% of total exports. These countries were followed by Denmark, Turkey, Germany, the United Arab Emirates, Norway and Poland, which together accounted for a further X terms of the main countries of destination, Turkey, with a CAGR of +X%, recorded 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 average piper pepper export price amounted to $X per ton, waning by -X% against the previous year. Overall, the export price continues to indicate a mild decline. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

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

Piper Pepper Imports

Imports into the UK

In 2021, overseas purchases of piper pepper decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, piper pepper imports expanded significantly to $X in 2021. Over the period under review, imports recorded a pronounced downturn. The growth pace was the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest piper pepper supplier to the UK, with a X% share of total imports. Moreover, piper pepper imports from Vietnam exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by India (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Vietnam amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and India (-X% per year).

In value terms, Vietnam ($X) constituted the largest supplier of piper pepper to the UK, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total imports. It was followed by India, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Vietnam was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and India (-X% per year).

Import Prices by Country

In 2021, the average piper pepper import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, showed a noticeable curtailment. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :