Price for Pepper (of the Genus Piper), Crushed or Ground in Pakistan - 2023
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Pakistan (FOB) - 2022
- Price for Pepper (of the Genus Piper), Crushed or Ground in Pakistan (CIF) - 2022
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Pakistan
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Pakistan
Price for Pepper (of the Genus Piper), Crushed or Ground in Pakistan (FOB) - 2022
In 2022, the average export price for pepper (of the genus piper), crushed or ground amounted to $9,515 per ton, rising by 4.2% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pepper (of the genus piper), crushed or ground decreased by -26.6% against 2017 indices. The most prominent rate of growth was recorded in 2017 an increase of 63% against the previous year. As a result, the export price reached the peak level of $12,958 per ton. From 2018 to 2022, the average 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 Oman ($17,810 per ton), while the average price for exports to the United Arab Emirates ($5,674 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 United Arab Emirates (+19.0%), 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 Pakistan (CIF) - 2022
The average import price for pepper (of the genus piper), crushed or ground stood at $4,619 per ton in 2022, picking up by 23% against the previous year. Overall, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of 43% against the previous year. The import price peaked 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 Vietnam ($5,691 per ton), while the price for Brazil ($2,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pepper (of the Genus Piper), Crushed or Ground in Pakistan
In 2022, exports of pepper (of the genus piper), crushed or ground from Pakistan skyrocketed to 77 tons, jumping by 30% on 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 207%. 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 gradual growth in the near future.
In value terms, exports of pepper (of the genus piper), crushed or ground soared to $734K in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 206%. Over the period under review, the exports of pepper (of genus piper), crushed or ground reached the maximum in 2022 and are expected to retain growth in years to come.
Export of Pepper (of the Genus Piper), Crushed or Ground in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 92.3 | 478 | 336 | 562 | 82.6% |
Oman | N/A | N/A | 4.8 | 39.6 | 725.0% |
United Arab Emirates | 43.7 | 23.5 | 48.7 | 34.7 | -7.4% |
Kuwait | 19.7 | 51.9 | 48.4 | 34.6 | 20.7% |
Canada | 5.0 | 11.4 | 9.2 | 16.0 | 47.4% |
Japan | 8.6 | 16.2 | 16.6 | 6.0 | -11.3% |
Qatar | 11.3 | 11.2 | 4.6 | 4.5 | -26.4% |
Others | 29.7 | 52.2 | 71.5 | 35.7 | 6.3% |
Total | 210 | 644 | 540 | 734 | 51.8% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Pakistan in 2022:
- Saudi Arabia (60.4 tons)
- United Arab Emirates (6.1 tons)
- Kuwait (2.9 tons)
- Oman (2.2 tons)
- Canada (1.3 tons)
- Qatar (0.6 tons)
- Japan (0.4 tons)
Imports of Pepper (of the Genus Piper), Crushed or Ground in Pakistan
In 2022, approx. 9.5 tons of pepper (of the genus piper), crushed or ground were imported into Pakistan; growing by 418% on the previous year's figure. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pepper (of the genus piper), crushed or ground surged to $44K in 2022. In general, imports saw significant growth. 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 Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | N/A | 14.9 | N/A | 35.0 | 53.3% |
Brazil | 0.3 | 4.4 | 0.4 | 5.0 | 155.4% |
Spain | N/A | N/A | N/A | 3.7 | 0% |
India | 0.4 | N/A | N/A | N/A | 0% |
United Arab Emirates | 7.0 | 3.8 | 6.1 | N/A | -6.6% |
Myanmar | N/A | 1.4 | N/A | N/A | 0% |
Others | N/A | 0.4 | 0.3 | N/A | -25.0% |
Total | 7.7 | 24.8 | 6.8 | 43.7 | 78.4% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Pakistan in 2022:
- Vietnam (6.2 tons)
- Brazil (2.1 tons)
- Spain (1.2 tons)
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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