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

Contents:

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

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

The average export price for pepper (of the genus piper), crushed or ground stood at $2,839 per ton in 2022, waning by -30.6% against the previous year. In general, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 81% against the previous year. As a result, the export price attained the peak level of $6,460 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($9,546 per ton), while the average price for exports to Guatemala ($470 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 States (+9.6%), 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 Sri Lanka (CIF) - 2022

The average import price for pepper (of the genus piper), crushed or ground stood at $6,355 per ton in 2022, growing by 40% against the previous year. In general, the import price, however, continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 62%. Over the period under review, average import prices attained the maximum at $10,113 per ton in 2012; however, from 2013 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 Germany ($15,938 per ton), while the price for China ($1,059 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), 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 Sri Lanka

In 2022, shipments abroad of pepper (of the genus piper), crushed or ground decreased by -56.4% to 460 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 47% against the previous year.

In value terms, exports of pepper (of the genus piper), crushed or ground declined sharply to $1.3M in 2022. Over the period under review, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports attained the peak of $4.3M, and then declined remarkably in the following year.

Export of Pepper (of the Genus Piper), Crushed or Ground in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7671,5461,130303-26.6%
IndiaN/AN/A70.1182159.6%
Ukraine72.614535.917032.8%
Germany590344549140-38.1%
Canada25932416844.9-44.2%
Russia33.978.923628.9-5.2%
GuatemalaN/AN/AN/A28.20%
France28772.816718.4-60.0%
LatviaN/AN/A34.5N/A0%
Others1,6751,2561,931391-38.4%
Total3,6843,7674,3231,307-29.2%

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

  1. Ukraine (220.0 tons)
  2. Guatemala (60.0 tons)
  3. Russia (44.0 tons)
  4. United States (35.4 tons)
  5. India (24.6 tons)
  6. Germany (14.6 tons)
  7. Canada (13.5 tons)
  8. France (2.6 tons)

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

In 2022, supplies from abroad of pepper (of the genus piper), crushed or ground increased by 229% to 1.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a significant decline.

In value terms, imports of pepper (of the genus piper), crushed or ground surged to $11K in 2022. Overall, imports, however, continue to indicate a abrupt descent.

Import of Pepper (of the Genus Piper), Crushed or Ground in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A5.50%
Germany4.71.8N/A3.4-10.2%
United Arab Emirates0.3N/A2.41.985.0%
Spain5.13.1N/AN/A-39.2%
China0.50.4N/AN/A-20.0%
India9.64.0N/AN/A-58.3%
Others0.30.3N/A0.30.0%
Total20.69.62.411.1-18.6%

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

  1. France (1100.0 kg)
  2. United Arab Emirates (396.0 kg)
  3. Germany (211.0 kg)
  4. China (17.0 kg)
  5. India (3.0 kg)

Source: IndexBox Market Intelligence Platform

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