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

Contents:

  1. Price for Pepper (of the Genus Piper), Crushed or Ground in Venezuela (CIF) - 2022
  2. Imports of Pepper (of the Genus Piper), Crushed or Ground in Venezuela

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

The average import price for pepper (of the genus piper), crushed or ground stood at $3,939 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 56%. As a result, import price reached the peak level of $11,257 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($10,504 per ton), while the price for Brazil ($889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+2.7%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, overseas purchases of pepper (of the genus piper), crushed or ground decreased by -25.5% to 37 tons in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 703%.

In value terms, imports of pepper (of the genus piper), crushed or ground declined rapidly to $146K in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 492% against the previous year.

Import of Pepper (of the Genus Piper), Crushed or Ground in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.413.511.089.1154.6%
United States2.76.99.625.4111.1%
China3.97.88.312.748.2%
Switzerland2.34.64.97.648.9%
ColombiaN/A0.10.24.7585.6%
Spain1.81.310.23.828.3%
LebanonN/A0.10.11.7312.3%
VietnamN/A61.869.6N/A12.6%
Others0.30.780.80.838.7%
Total16.496.8195146107.3%

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

  1. India (21.4 tons)
  2. United States (9.7 tons)
  3. Lebanon (1.7 tons)
  4. Switzerland (1.3 tons)
  5. China (1.2 tons)
  6. Colombia (0.8 tons)
  7. Spain (0.7 tons)

Source: IndexBox Market Intelligence Platform

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