Price for Pepper (of the Genus Piper), Crushed or Ground in Ghana - 2022
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Ghana (FOB) - 2022
- Price for Pepper (of the Genus Piper), Crushed or Ground in Ghana (CIF) - 2022
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Ghana
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Ghana
Price for Pepper (of the Genus Piper), Crushed or Ground in Ghana (FOB) - 2022
In 2022, the average export price for pepper (of the genus piper), crushed or ground amounted to $1,362 per ton, falling by -14.6% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2017 an increase of 68%. Over the period under review, the average export prices reached the peak figure at $3,120 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 the United Arab Emirates ($1,963 per ton), while the average price for exports to France ($678 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 Burkina Faso (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pepper (of the Genus Piper), Crushed or Ground in Ghana (CIF) - 2022
The average import price for pepper (of the genus piper), crushed or ground stood at $3,242 per ton in 2022, declining by -20.1% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 154%. The import price peaked at $4,055 per ton in 2021, and then contracted markedly in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +0.5% per year.
Exports of Pepper (of the Genus Piper), Crushed or Ground in Ghana
In 2022, the amount of pepper (of the genus piper), crushed or ground exported from Ghana reached 73 tons, surging by 2.1% against the previous year. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13%. Over the period under review, the exports of pepper (of genus piper), crushed or ground hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, exports of pepper (of the genus piper), crushed or ground dropped to $100K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. As a result, the exports reached the peak of $115K, and then fell in the following year.
| Export of Pepper (of the Genus Piper), Crushed or Ground in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 90.3 | 0% |
| Canada | 8.4 | 2.6 | 3.2 | 3.6 | -24.6% |
| Germany | 1.0 | 0.2 | 0.5 | 0.8 | -7.2% |
| France | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Burkina Faso | 38.0 | N/A | 0.1 | N/A | -94.9% |
| Cote d'Ivoire | 17.1 | 75.4 | 70.7 | N/A | 103.3% |
| United Kingdom | N/A | 1.4 | 3.6 | N/A | 157.1% |
| United States | N/A | 3.0 | 25.7 | N/A | 756.7% |
| Others | 37.1 | 2.5 | 10.4 | 4.5 | -50.5% |
| Total | 102 | 85.1 | 115 | 99.8 | -0.7% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Ghana in 2022:
- United Arab Emirates (46.0 tons)
- Canada (1.9 tons)
- France (0.9 tons)
- Germany (0.9 tons)
Imports of Pepper (of the Genus Piper), Crushed or Ground in Ghana
In 2022, approx. 15 tons of pepper (of the genus piper), crushed or ground were imported into Ghana; with a decrease of -1.7% compared with the previous year's figure. In general, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 3.6% against the previous year.
In value terms, imports of pepper (of the genus piper), crushed or ground fell dramatically to $50K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, imports reached the peak of $64K, and then fell rapidly in the following year.
| Import of Pepper (of the Genus Piper), Crushed or Ground in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 7.3 | 36.3 | 63.5 | 49.9 | 89.8% |
| Niger | 1.5 | N/A | N/A | N/A | 0% |
| Belgium | 0.5 | N/A | N/A | N/A | 0% |
| China | 0.9 | N/A | N/A | N/A | 0% |
| United Kingdom | 6.4 | N/A | N/A | N/A | 0% |
| Lebanon | 3.1 | N/A | N/A | N/A | 0% |
| Netherlands | 3.2 | N/A | N/A | N/A | 0% |
| United States | 3.2 | N/A | N/A | N/A | 0% |
| Others | 13.0 | N/A | N/A | N/A | 0% |
| Total | 39.0 | 36.3 | 63.5 | 49.9 | 8.6% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Ghana in 2022:
- United Arab Emirates (15.4 tons)
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This report provides an in-depth analysis of the piper pepper market in Ghana.
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This report provides an in-depth analysis of the piper pepper market in Ghana.
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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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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
