Price for Pepper (of the Genus Piper), Crushed or Ground in Denmark - 2023

Contents:

  1. Price for Pepper (of the Genus Piper), Crushed or Ground in Denmark (CIF) - 2022
  2. Price for Pepper (of the Genus Piper), Crushed or Ground in Denmark (FOB) - 2022
  3. Imports of Pepper (of the Genus Piper), Crushed or Ground in Denmark
  4. Exports of Pepper (of the Genus Piper), Crushed or Ground in Denmark

Price for Pepper (of the Genus Piper), Crushed or Ground in Denmark (CIF) - 2022

In 2022, the average import price for pepper (of the genus piper), crushed or ground amounted to $9,287 per ton, shrinking by -3.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 14%. As a result, import price attained the peak level of $12,230 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($17,554 per ton), while the price for China ($3,336 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Pepper (of the Genus Piper), Crushed or Ground in Denmark (FOB) - 2022

In 2022, the average export price for pepper (of the genus piper), crushed or ground amounted to $8,322 per ton, which is down by -3.6% against the previous year. Overall, the export price showed a perceptible reduction. The pace of growth was the most pronounced in 2013 an increase of 33%. Over the period under review, the average export prices attained the maximum at $14,245 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greenland ($15,432 per ton), while the average price for exports to India ($5,857 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 Iceland (+3.5%), while the prices for the other major destinations experienced a decline.

Imports of Pepper (of the Genus Piper), Crushed or Ground in Denmark

Imports of pepper (of the genus piper), crushed or ground into Denmark was estimated at 754 tons in 2022, growing by 4.4% compared with 2021 figures. In general, imports, however, recorded a slight setback.

In value terms, imports of pepper (of the genus piper), crushed or ground reached $7M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 9.2%. As a result, imports reached the peak of $7.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Pepper (of the Genus Piper), Crushed or Ground in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,5372,8933,0692,6151.0%
Sweden2,5872,9432,4692,366-2.9%
Vietnam84.697.038249179.7%
Netherlands513300260442-4.8%
Spain324429272162-20.6%
India15073.526.1104-11.5%
ChinaN/A3.43.473.3364.3%
Others49656744475114.8%
Total6,6917,3066,9267,0071.6%

Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Denmark in 2022:

  1. Germany (379.7 tons)
  2. Sweden (134.8 tons)
  3. Netherlands (61.0 tons)
  4. Vietnam (40.8 tons)
  5. Spain (25.2 tons)
  6. China (22.0 tons)
  7. India (18.5 tons)

Exports of Pepper (of the Genus Piper), Crushed or Ground in Denmark

For the third consecutive year, Denmark recorded decline in shipments abroad of pepper (of the genus piper), crushed or ground, which decreased by -2.9% to 80 tons in 2022. Overall, exports recorded a significant curtailment.

In value terms, exports of pepper (of the genus piper), crushed or ground dropped to $667K in 2022. In general, exports recorded a dramatic setback.

Export of Pepper (of the Genus Piper), Crushed or Ground in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden90.814712017925.4%
Norway69.599.014916232.6%
Iceland16.018.861.964.258.9%
Germany1,22378720062.9-62.8%
Greenland10611973.856.5-18.9%
Faroe Islands37.367.436.055.314.0%
IndiaN/AN/AN/A19.00%
Others68.271.472.767.8-0.2%
Total1,6111,309712667-25.5%

Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Denmark in 2022:

  1. Sweden (22.3 tons)
  2. Norway (21.7 tons)
  3. Germany (9.2 tons)
  4. Iceland (8.3 tons)
  5. Faroe Islands (4.8 tons)
  6. Greenland (3.7 tons)
  7. India (3.2 tons)

Source: IndexBox Market Intelligence Platform

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