Price for Pepper (of the Genus Piper), Crushed or Ground in Canada - 2023
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Canada (CIF) - 2022
- Price for Pepper (of the Genus Piper), Crushed or Ground in Canada (FOB) - 2023
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Canada
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Canada
Price for Pepper (of the Genus Piper), Crushed or Ground in Canada (CIF) - 2022
In 2022, the average import price for pepper (of the genus piper), crushed or ground amounted to $6,895 per ton, surging by 22% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The import price peaked at $9,636 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($7,705 per ton) and the United States ($7,378 per ton), while the price for India ($6,102 per ton) and China ($6,327 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pepper (of the Genus Piper), Crushed or Ground in Canada (FOB) - 2023
The average export price for pepper (of the genus piper), crushed or ground stood at $6,659 per ton in December 2023, with an increase of 8.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in July 2023 an increase of 17% m-o-m. Over the period under review, the average export prices attained the maximum in December 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.8% per month.
Imports of Pepper (of the Genus Piper), Crushed or Ground in Canada
In 2022, the amount of pepper (of the genus piper), crushed or ground imported into Canada reached 4K tons, leveling off at 2021 figures. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 6.6% against the previous year. Over the period under review, imports of pepper (of genus piper), crushed or ground hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of pepper (of the genus piper), crushed or ground soared to $27M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pepper (of the Genus Piper), Crushed or Ground in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 6.3 | 8.0 | 8.9 | 13.2 | 28.0% |
| United States | 7.6 | 5.2 | 3.9 | 4.7 | -14.8% |
| India | 2.6 | 2.0 | 3.1 | 3.3 | 8.3% |
| Brazil | 2.2 | 2.5 | 3.2 | 2.0 | -3.1% |
| Indonesia | 0.1 | 0.4 | 1.0 | 1.7 | 157.1% |
| China | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
| Others | 1.4 | 1.4 | 1.5 | 1.7 | 6.7% |
| Total | 20.7 | 20.0 | 22.3 | 27.3 | 9.7% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Canada in 2022:
- Vietnam (1846.1 tons)
- United States (639.8 tons)
- India (548.2 tons)
- Brazil (298.2 tons)
- Indonesia (223.4 tons)
- China (114.1 tons)
Exports of Pepper (of the Genus Piper), Crushed or Ground in Canada
In 2022, exports of pepper (of the genus piper), crushed or ground from Canada declined to 936 tons, with a decrease of -6.9% compared with 2021 figures. The total export volume increased at an average annual rate of +6.4% from 2019 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 2021 with an increase of 35% against the previous year. As a result, the exports attained the peak of 1K tons, and then reduced in the following year.
In value terms, exports of pepper (of the genus piper), crushed or ground skyrocketed to $5.9M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, the exports of pepper (of genus piper), crushed or ground hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Pepper (of the Genus Piper), Crushed or Ground in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.8 | 3.7 | 5.0 | 5.8 | 15.1% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 3.9 | 3.7 | 5.0 | 5.9 | 14.8% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Canada in 2022:
- United States (917.7 tons)
709
This report provides an in-depth analysis of the piper pepper market in Canada.
4218
This report provides an in-depth analysis of the spice market in Canada.
489
This report provides an in-depth analysis of the pimenta pepper market in Canada.
6899
This report provides an in-depth analysis of the global piper pepper market.
5465
This report provides an in-depth analysis of the global spice market.
1014
This report provides an in-depth analysis of the global pimenta pepper market.
709
This report provides an in-depth analysis of the piper pepper market in Canada.
4218
This report provides an in-depth analysis of the spice market in Canada.
489
This report provides an in-depth analysis of the pimenta pepper market in Canada.
6899
This report provides an in-depth analysis of the global piper pepper market.
279
In the month of May 2023, imports of Piper Pepper saw a remarkable growth rate of 42% compared to the previous month. However, in June 2023, the value of piper pepper imports decreased to $4.5M.
316
Imports of Pimenta Pepper experienced a significant surge in December 2022, with a month-on-month increase of 20%. In terms of value, the imports for June 2023 amounted to $4.1M.
1214
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5358
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
6699
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1243
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
3885
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
15469
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%.
1955
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
1524
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
