Price for Pepper (of the Genus Piper), Crushed or Ground in Spain - 2023
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Spain (FOB) - 2022
- Price for Pepper (of the Genus Piper), Crushed or Ground in Spain (CIF) - 2022
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Spain
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Spain
Price for Pepper (of the Genus Piper), Crushed or Ground in Spain (FOB) - 2022
In 2022, the average export price for pepper (of the genus piper), crushed or ground amounted to $4,131 per ton, picking up by 8.8% against the previous year. Overall, the export price, however, saw a pronounced shrinkage. The export price peaked at $5,757 per ton in 2013; however, from 2014 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 Portugal ($7,811 per ton), while the average price for exports to Tunisia ($1,107 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 Tunisia (+3.4%), 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 Spain (CIF) - 2022
In 2022, the average import price for pepper (of the genus piper), crushed or ground amounted to $4,730 per ton, with an increase of 90% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $6,843 per ton in 2017; however, from 2018 to 2022, 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 Portugal ($10,333 per ton), while the price for India ($955 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+11.3%), while the prices for the other major suppliers experienced a decline.
Exports of Pepper (of the Genus Piper), Crushed or Ground in Spain
In 2022, exports of pepper (of the genus piper), crushed or ground from Spain stood at 2.8K tons, increasing by 11% on 2021 figures. The total export volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of pepper (of the genus piper), crushed or ground soared to $11M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pepper (of the Genus Piper), Crushed or Ground in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,206 | 1,143 | 1,589 | 2,540 | 28.2% |
| Algeria | 693 | 771 | 904 | 1,241 | 21.4% |
| United States | 156 | 450 | 279 | 1,015 | 86.7% |
| Portugal | 746 | 639 | 922 | 928 | 7.5% |
| United Kingdom | 373 | 532 | 843 | 693 | 22.9% |
| Germany | 122 | 194 | 308 | 370 | 44.7% |
| Cuba | 534 | 390 | 485 | 292 | -18.2% |
| Italy | 223 | 190 | 196 | 274 | 7.1% |
| Bosnia and Herzegovina | 79.2 | 73.0 | 261 | 241 | 44.9% |
| Belgium | 136 | 206 | 255 | 236 | 20.2% |
| Romania | 192 | 159 | 275 | 139 | -10.2% |
| Croatia | 68.7 | 48.2 | 40.1 | 138 | 26.2% |
| Tunisia | 62.5 | 48.9 | 138 | 98.9 | 16.5% |
| Others | 3,066 | 3,246 | 3,031 | 3,280 | 2.3% |
| Total | 7,657 | 8,091 | 9,527 | 11,485 | 14.5% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Spain in 2022:
- Algeria (733.0 tons)
- France (540.3 tons)
- United States (206.5 tons)
- Italy (129.3 tons)
- Portugal (118.8 tons)
- United Kingdom (99.6 tons)
- Tunisia (89.4 tons)
- Bosnia and Herzegovina (79.9 tons)
- Germany (72.8 tons)
- Belgium (58.1 tons)
- Romania (53.2 tons)
- Cuba (47.8 tons)
- Croatia (45.0 tons)
Imports of Pepper (of the Genus Piper), Crushed or Ground in Spain
After three years of growth, overseas purchases of pepper (of the genus piper), crushed or ground decreased by -50.2% to 701 tons in 2022. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 31%.
In value terms, imports of pepper (of the genus piper), crushed or ground shrank to $3.3M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 25%. As a result, imports reached the peak of $3.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Pepper (of the Genus Piper), Crushed or Ground in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,026 | 1,141 | 896 | 1,388 | 10.6% |
| Portugal | 21.6 | 434 | 375 | 408 | 166.3% |
| Netherlands | 310 | 369 | 180 | 319 | 1.0% |
| Vietnam | 111 | 20.3 | 221 | 256 | 32.1% |
| Belgium | 739 | 638 | 964 | 201 | -35.2% |
| India | 288 | 292 | 403 | 179 | -14.7% |
| Italy | 9.2 | 52.5 | 183 | 176 | 167.4% |
| France | 114 | 683 | 180 | 85.6 | -9.1% |
| Others | 376 | 113 | 106 | 304 | -6.8% |
| Total | 2,994 | 3,743 | 3,509 | 3,317 | 3.5% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Spain in 2022:
- India (187.1 tons)
- Germany (176.7 tons)
- Belgium (104.4 tons)
- Vietnam (52.8 tons)
- Netherlands (51.0 tons)
- Italy (46.0 tons)
- Portugal (39.5 tons)
- France (16.1 tons)
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