Price for Pepper (of the Genus Piper), Crushed or Ground in Colombia - 2022
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Colombia (CIF) - 2022
- Price for Pepper (of the Genus Piper), Crushed or Ground in Colombia (FOB) - 2022
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Colombia
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Colombia
Price for Pepper (of the Genus Piper), Crushed or Ground in Colombia (CIF) - 2022
The average import price for pepper (of the genus piper), crushed or ground stood at $8,167 per ton in 2022, with an increase of 5.8% against the previous year. Over the period under review, the import price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $11,079 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($10,860 per ton), while the price for China ($4,216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced a decline.
Price for Pepper (of the Genus Piper), Crushed or Ground in Colombia (FOB) - 2022
The average export price for pepper (of the genus piper), crushed or ground stood at $7,317 per ton in 2022, which is down by -11.7% against the previous year. In general, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 313%. As a result, the export price attained the peak level of $22,000 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to 0.0% per year.
Imports of Pepper (of the Genus Piper), Crushed or Ground in Colombia
In 2022, imports of pepper (of the genus piper), crushed or ground into Colombia reduced to 126 tons, with a decrease of -8% on 2021. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports reached the peak of 137 tons, and then reduced in the following year.
In value terms, imports of pepper (of the genus piper), crushed or ground fell modestly to $1M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of $1.1M, and then reduced modestly in the following year.
Import of Pepper (of the Genus Piper), Crushed or Ground in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 314 | 378 | 587 | 499 | 16.7% |
India | 212 | 293 | 299 | 385 | 22.0% |
Spain | 126 | 30.3 | 55.5 | 66.8 | -19.1% |
China | 22.3 | 11.4 | 8.3 | 11.2 | -20.5% |
Vietnam | 105 | 15.0 | 13.1 | 7.4 | -58.7% |
Germany | 38.4 | 14.6 | 20.5 | 5.5 | -47.7% |
Others | 66.5 | 68.9 | 75.6 | 55.4 | -5.9% |
Total | 884 | 810 | 1,059 | 1,030 | 5.2% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Colombia in 2022:
- India (64.2 tons)
- United States (46.0 tons)
- Spain (9.2 tons)
- China (2.7 tons)
- Vietnam (1.0 tons)
- Germany (0.7 tons)
Exports of Pepper (of the Genus Piper), Crushed or Ground in Colombia
For the third year in a row, Colombia recorded decline in overseas shipments of pepper (of the genus piper), crushed or ground, which decreased by -63.2% to 60 kg in 2022. Overall, exports faced a dramatic shrinkage. The smallest decline of -60.8% was in 2021.
In value terms, exports of pepper (of the genus piper), crushed or ground shrank rapidly to $439 in 2022. Over the period under review, exports continue to indicate a precipitous curtailment.
Export of Pepper (of the Genus Piper), Crushed or Ground in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | N/A | N/A | 0.4 | 0% |
Guatemala | 2.6 | N/A | N/A | N/A | 0% |
France | 7.4 | N/A | N/A | N/A | 0% |
Singapore | N/A | 0.5 | N/A | N/A | 0% |
South Africa | N/A | 4.1 | N/A | N/A | 0% |
Netherlands | N/A | N/A | 0.3 | N/A | 0% |
Others | 7.4 | 0.4 | 1.0 | N/A | -63.2% |
Total | 17.3 | 5.0 | 1.4 | 0.4 | -71.5% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Colombia in 2022:
- Brazil (60.0 kg)
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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.
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
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
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%.
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
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
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
India dominates in the global pepper trade, significantly strengthening its position in the global export structure from X% in 2007 to X% in 2014. Its primary trading partner in 2014 was the U.S., where it supplied X% of its total pepper expor