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

Contents:

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

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

The average import price for pepper (of the genus piper), crushed or ground stood at $8,018 per ton in 2022, growing by 5.6% against the previous year. Over the period under review, the import price, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2015 when the average import price increased by 27%. As a result, import price attained the peak level of $13,634 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($25,452 per ton), while the price for Estonia ($6,032 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for pepper (of the genus piper), crushed or ground stood at $13,867 per ton in 2022, increasing by 43% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 190%. As a result, the export price reached the peak level of $27,509 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($14,704 per ton), while the average price for exports to Belarus ($7,516 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 Estonia (+1.2%).

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

In 2022, overseas purchases of pepper (of the genus piper), crushed or ground were finally on the rise to reach 290 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a perceptible decline.

In value terms, imports of pepper (of the genus piper), crushed or ground totaled $2.3M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pepper (of the Genus Piper), Crushed or Ground in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands100420884956112.2%
Vietnam1,077672411647-15.6%
Sweden650578564525-6.9%
Germany134160190132-0.5%
Estonia1.518.329.845.7212.3%
United Kingdom75.21246.90.2-86.1%
Others17014.123.118.9-51.9%
Total2,2071,9862,1082,3251.8%

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

  1. Netherlands (142.2 tons)
  2. Vietnam (97.1 tons)
  3. Sweden (20.6 tons)
  4. Germany (20.6 tons)
  5. Estonia (7.6 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of pepper (of the genus piper), crushed or ground, when their volume decreased by -71.4% to 3.7 tons. Over the period under review, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 with an increase of 344% against the previous year. As a result, the exports attained the peak of 13 tons, and then shrank dramatically in the following year.

In value terms, exports of pepper (of the genus piper), crushed or ground contracted rapidly to $51K in 2022. Overall, exports, however, posted a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of 161% against the previous year. As a result, the exports attained the peak of $125K, and then contracted remarkably in the following year.

Export of Pepper (of the Genus Piper), Crushed or Ground in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia39.044.449.245.95.6%
SwedenN/AN/AN/A1.90%
BelarusN/AN/AN/A1.70%
NetherlandsN/AN/A69.8N/A0%
Others5.43.35.61.3-37.8%
Total44.447.712550.84.6%

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

  1. Estonia (3124.0 kg)
  2. Sweden (248.0 kg)
  3. Belarus (225.0 kg)

Source: IndexBox Market Intelligence Platform

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