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

Contents:

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

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

In 2022, the average import price for pepper (of the genus piper), crushed or ground amounted to $8,166 per ton, picking up by 62% against the previous year. In general, the import price saw a buoyant increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 69%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

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 India ($9,935 per ton), while the price for China ($524 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for pepper (of the genus piper), crushed or ground amounted to $89,372 per ton, remaining constant against the previous year. Overall, the export price showed a significant expansion. The pace of growth appeared the most rapid in 2017 an increase of 587% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($563,077 per ton), while the average price for exports to China ($16,875 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 the UK (+269.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third year in a row, Nepal recorded decline in purchases abroad of pepper (of the genus piper), crushed or ground, which decreased by -70.3% to 5.7 tons in 2022. In general, imports faced a significant contraction.

In value terms, imports of pepper (of the genus piper), crushed or ground contracted significantly to $46K in 2022. Overall, imports showed a precipitous descent.

Import of Pepper (of the Genus Piper), Crushed or Ground in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India9.129.55.945.070.4%
South Korea0.20.40.21.386.6%
China0.80.80.10.1-50.0%
Vietnam1,41436389.1N/A-74.9%
Brazil100N/AN/AN/A0%
Others7.59.61.0N/A-63.5%
Total1,53240396.246.4-68.8%

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

  1. India (4.5 tons)
  2. South Korea (0.9 tons)
  3. China (0.2 tons)

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

After two years of decline, overseas shipments of pepper (of the genus piper), crushed or ground decreased by -50% to 183 kg in 2022. In general, exports faced a significant decrease.

In value terms, exports of pepper (of the genus piper), crushed or ground fell dramatically to $16K in 2022. Over the period under review, exports showed a precipitous decrease.

Export of Pepper (of the Genus Piper), Crushed or Ground in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany24.7N/A13.07.3-33.4%
Japan5.6N/A4.02.7-21.6%
Australia2.2N/A8.32.0-3.1%
United StatesN/AN/AN/A1.90%
ItalyN/AN/A1.90.9-52.6%
United Kingdom1.3N/AN/A0.3-38.7%
China0.6N/A0.30.1-45.0%
Others1.6N/A5.31.1-11.7%
Total35.9N/A32.716.4-23.0%

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

  1. United States (69.0 kg)
  2. Japan (33.0 kg)
  3. Australia (28.0 kg)
  4. Italy (13.0 kg)
  5. Germany (13.0 kg)
  6. China (8.0 kg)
  7. United Kingdom (1.0 kg)

Source: IndexBox Market Intelligence Platform

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