Price for Pepper (of the Genus Piper), Crushed or Ground in Australia - 2024
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Australia (CIF) - 2024
- Price for Pepper (of the Genus Piper), Crushed or Ground in Australia (FOB) - 2022
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Australia
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Australia
Price for Pepper (of the Genus Piper), Crushed or Ground in Australia (CIF) - 2024
In January 2024, the average import price for pepper (of the genus piper), crushed or ground amounted to $5,383 per ton, falling by -11.5% against the previous month. Overall, the import price recorded a mild decrease. The pace of growth was the most pronounced in November 2023 an increase of 30% month-to-month. The import price peaked at $6,200 per ton in June 2023; however, from July 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($13,682 per ton), while the price for India ($4,831 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by South Korea (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pepper (of the Genus Piper), Crushed or Ground in Australia (FOB) - 2022
The average export price for pepper (of the genus piper), crushed or ground stood at $7,245 per ton in 2022, waning by -14.2% against the previous year. Overall, the export price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 102%. The export price peaked at $13,421 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($9,442 per ton), while the average price for exports to Saudi Arabia ($2,949 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 India (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pepper (of the Genus Piper), Crushed or Ground in Australia
After three years of growth, purchases abroad of pepper (of the genus piper), crushed or ground decreased by -21.4% to 2K tons in 2022. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 2.6K tons, and then dropped rapidly in the following year.
In value terms, imports of pepper (of the genus piper), crushed or ground totaled $13M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Pepper (of the Genus Piper), Crushed or Ground in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 4.6 | 5.3 | 7.6 | 7.4 | 17.2% |
| Thailand | N/A | N/A | 0.9 | 2.0 | 122.2% |
| India | 1.3 | 1.0 | 2.1 | 1.7 | 9.4% |
| China | 0.3 | 0.2 | 0.5 | 0.3 | 0.0% |
| South Korea | 0.5 | 0.6 | 0.6 | 0.3 | -15.7% |
| Others | 0.4 | 0.6 | 0.7 | 0.8 | 26.0% |
| Total | 7.1 | 7.7 | 12.4 | 12.6 | 21.1% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Australia in 2022:
- Vietnam (1270.2 tons)
- India (320.1 tons)
- Thailand (219.5 tons)
- South Korea (52.8 tons)
- China (33.8 tons)
Exports of Pepper (of the Genus Piper), Crushed or Ground in Australia
In 2022, exports of pepper (of the genus piper), crushed or ground from Australia expanded rapidly to 168 tons, increasing by 13% against the year before. Over the period under review, exports, however, showed a abrupt decrease.
In value terms, exports of pepper (of the genus piper), crushed or ground fell slightly to $1.2M in 2022. In general, exports, however, showed a abrupt decrease. The smallest decline of -1.5% was in 2021.
| Export of Pepper (of the Genus Piper), Crushed or Ground in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 527 | 588 | 441 | 408 | -8.2% |
| Malaysia | 531 | 405 | 586 | 276 | -19.6% |
| Singapore | 29.5 | 25.5 | 43.5 | 200 | 89.3% |
| Papua New Guinea | 17.3 | 15.4 | 12.3 | 91.4 | 74.2% |
| Japan | 5.1 | 14.5 | 30.1 | 64.9 | 133.5% |
| Saudi Arabia | N/A | N/A | N/A | 59.1 | 0% |
| India | N/A | N/A | N/A | 16.9 | 0% |
| United States | 90.4 | 3.0 | 0.3 | 0.2 | -87.0% |
| United Kingdom | 257 | 149 | 0.2 | 0.2 | -90.8% |
| Others | 121 | 80.2 | 148 | 102 | -5.5% |
| Total | 1,577 | 1,281 | 1,262 | 1,219 | -8.2% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Australia in 2022:
- New Zealand (53.9 tons)
- Malaysia (29.2 tons)
- Singapore (27.5 tons)
- Saudi Arabia (20.1 tons)
- Papua New Guinea (11.5 tons)
- Japan (8.6 tons)
- India (4.0 tons)
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This report provides an in-depth analysis of the piper pepper market in Australia.
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This report provides an in-depth analysis of the spice market in Australia.
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This report provides an in-depth analysis of the pimenta pepper market in Australia.
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This report provides an in-depth analysis of the global piper pepper market.
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This report provides an in-depth analysis of the global spice market.
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This report provides an in-depth analysis of the global pimenta pepper market.
621
This report provides an in-depth analysis of the piper pepper market in Australia.
1234
This report provides an in-depth analysis of the spice market in Australia.
415
This report provides an in-depth analysis of the pimenta pepper market in Australia.
6806
This report provides an in-depth analysis of the global piper pepper market.
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As of June 2023, the price of Piper Pepper in Australia was $6,935 per ton (CIF), showing a 4.7% increase compared to the previous month.
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Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
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Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
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Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
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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
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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%.
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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
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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
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India dominates in the global pepper trade. In 2014, India exported X thousand tons of pepper totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total pepper exports in value
