Price for Pepper (of the Genus Piper), Crushed or Ground in Turkey - 2024
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Turkey (FOB) - 2024
- Price for Pepper (of the Genus Piper), Crushed or Ground in Turkey (CIF) - 2022
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Turkey
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Turkey
Price for Pepper (of the Genus Piper), Crushed or Ground in Turkey (FOB) - 2024
The average export price for pepper (of the genus piper), crushed or ground stood at $6,040 per ton in January 2024, with an increase of 10% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 21% m-o-m. As a result, the export price reached the peak level of $7,890 per ton. From September 2023 to January 2024, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Georgia ($10,193 per ton), while the average price for exports to Serbia ($2,920 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+8.8%), 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 Turkey (CIF) - 2022
In 2022, the average import price for pepper (of the genus piper), crushed or ground amounted to $5,747 per ton, increasing by 25% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pepper (of the genus piper), crushed or ground increased by +66.5% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 48%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($5,918 per ton), while the price for Iran ($2,848 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Pepper (of the Genus Piper), Crushed or Ground in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas shipments of pepper (of the genus piper), crushed or ground, which increased by 0.8% to 472 tons in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 51% against the previous year. Over the period under review, the exports of pepper (of genus piper), crushed or ground hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of pepper (of the genus piper), crushed or ground surged to $3M in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 35%. Over the period under review, the exports of pepper (of genus piper), crushed or ground attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Pepper (of the Genus Piper), Crushed or Ground in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 181 | 260 | 872 | 1,632 | 108.1% |
| Germany | 268 | 293 | 263 | 353 | 9.6% |
| Azerbaijan | 102 | 127 | 165 | 126 | 7.3% |
| Cyprus | 50.7 | 50.3 | 71.9 | 112 | 30.2% |
| Russia | N/A | 1.0 | 3.1 | 72.5 | 751.5% |
| France | 55.6 | 68.2 | 72.0 | 64.7 | 5.2% |
| Sweden | 19.9 | 55.1 | 57.0 | 62.2 | 46.2% |
| United States | 31.8 | 39.7 | 29.7 | 61.0 | 24.3% |
| Israel | N/A | 7.5 | 12.9 | 41.6 | 135.5% |
| Netherlands | 65.5 | 110 | 151 | 29.7 | -23.2% |
| Iraq | 107 | 278 | 96.7 | 17.5 | -45.3% |
| Vietnam | N/A | N/A | N/A | 11.0 | 0% |
| Others | 398 | 435 | 478 | 407 | 0.7% |
| Total | 1,280 | 1,725 | 2,272 | 2,990 | 32.7% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Turkey in 2022:
- United Kingdom (233.2 tons)
- Germany (62.5 tons)
- Cyprus (24.9 tons)
- Russia (15.5 tons)
- Azerbaijan (12.1 tons)
- Vietnam (9.7 tons)
- Sweden (9.1 tons)
- France (8.7 tons)
- United States (8.3 tons)
- Israel (7.9 tons)
- Netherlands (5.4 tons)
- Iraq (3.1 tons)
Imports of Pepper (of the Genus Piper), Crushed or Ground in Turkey
In 2022, approx. 178 tons of pepper (of the genus piper), crushed or ground were imported into Turkey; picking up by 55% compared with 2021 figures. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 174%. Over the period under review, imports of pepper (of genus piper), crushed or ground reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of pepper (of the genus piper), crushed or ground soared to $1M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 244%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Pepper (of the Genus Piper), Crushed or Ground in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 115 | 30.5 | 296 | 944 | 101.7% |
| India | 3.9 | 0.4 | 176 | 40.6 | 118.4% |
| Iran | N/A | N/A | 19.2 | 26.8 | 39.6% |
| Spain | N/A | N/A | 25.2 | N/A | 0% |
| United Arab Emirates | 12.9 | 0.4 | N/A | N/A | -96.9% |
| Brazil | 28.5 | 115 | N/A | N/A | 303.5% |
| Others | 21.2 | 7.0 | 10.0 | 12.4 | -16.4% |
| Total | 181 | 153 | 526 | 1,024 | 78.2% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Turkey in 2022:
- Vietnam (159.6 tons)
- Iran (9.4 tons)
- India (7.0 tons)
905
This report provides an in-depth analysis of the piper pepper market in Turkey.
1461
This report provides an in-depth analysis of the spice market in Turkey.
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This report provides an in-depth analysis of the pimenta pepper market in Turkey.
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This report provides an in-depth analysis of the global piper pepper market.
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This report provides an in-depth analysis of the global spice market.
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This report provides an in-depth analysis of the global pimenta pepper market.
905
This report provides an in-depth analysis of the piper pepper market in Turkey.
1461
This report provides an in-depth analysis of the spice market in Turkey.
517
This report provides an in-depth analysis of the pimenta pepper market in Turkey.
6958
This report provides an in-depth analysis of the global piper pepper market.
1241
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5454
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
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Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1271
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
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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
15590
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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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
1324
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
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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
