Price for Pepper (of the Genus Piper), Crushed or Ground in Vietnam - 2022
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in Vietnam (FOB) - 2022
- Price for Pepper (of the Genus Piper), Crushed or Ground in Vietnam (CIF) - 2022
- Exports of Pepper (of the Genus Piper), Crushed or Ground in Vietnam
- Imports of Pepper (of the Genus Piper), Crushed or Ground in Vietnam
Price for Pepper (of the Genus Piper), Crushed or Ground in Vietnam (FOB) - 2022
The average export price for pepper (of the genus piper), crushed or ground stood at $4,908 per ton in December 2022, dropping by -5% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2022 an increase of 5.9% against the previous month. As a result, the export price reached the peak level of $5,443 per ton. From October 2022 to December 2022, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was South Korea ($5,993 per ton), while the average price for exports to Japan ($2,140 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.7%), 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 Vietnam (CIF) - 2022
The average import price for pepper (of the genus piper), crushed or ground stood at $6,548 per ton in 2022, with an increase of 19% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 +28.3% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 55%. The import price peaked at $9,990 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($6,548 per ton) and China ($6,548 per ton), while the price for Malaysia ($6,547 per ton) and Japan ($6,547 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+1.0%), while the prices for the other major suppliers experienced a decline.
Exports of Pepper (of the Genus Piper), Crushed or Ground in Vietnam
For the fourth consecutive year, Vietnam recorded growth in shipments abroad of pepper (of the genus piper), crushed or ground, which increased by 1.7% to 43K tons in 2022. The total export volume increased at an average annual rate of +13.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of pepper (of the genus piper), crushed or ground soared to $218M in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 47% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Pepper (of the Genus Piper), Crushed or Ground in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 40.3 | 50.0 | 77.0 | 113 | 41.0% |
| Netherlands | 15.0 | 14.3 | 24.5 | 26.1 | 20.3% |
| United Kingdom | 11.6 | 11.3 | 15.7 | 18.6 | 17.0% |
| Japan | 4.7 | 5.0 | 5.6 | 8.0 | 19.4% |
| Thailand | 4.6 | 3.8 | 4.3 | 5.7 | 7.4% |
| Australia | 3.7 | 4.6 | 6.6 | 5.3 | 12.7% |
| Canada | 2.1 | 2.8 | 2.6 | 4.2 | 26.0% |
| Belgium | 1.2 | 1.4 | 3.1 | 4.1 | 50.6% |
| South Korea | 1.6 | 2.6 | 3.1 | 3.9 | 34.6% |
| South Africa | 2.3 | 2.9 | 1.7 | 3.1 | 10.5% |
| Others | 13.3 | 16.7 | 25.1 | 25.9 | 24.9% |
| Total | 101 | 115 | 169 | 218 | 29.2% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Vietnam in 2022:
- United States (21.2K tons)
- Netherlands (4.8K tons)
- United Kingdom (3.4K tons)
- Japan (3.1K tons)
- Australia (1.1K tons)
- Thailand (1.0K tons)
- Canada (0.8K tons)
- Belgium (0.8K tons)
- South Africa (0.7K tons)
- South Korea (0.7K tons)
Imports of Pepper (of the Genus Piper), Crushed or Ground in Vietnam
In 2022, purchases abroad of pepper (of the genus piper), crushed or ground decreased by -45.7% to 186 tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 186%. As a result, imports reached the peak of 393 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of pepper (of the genus piper), crushed or ground declined rapidly to $1.2M in 2022. In general, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 177%. As a result, imports attained the peak of $2M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Pepper (of the Genus Piper), Crushed or Ground in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 531 | 1,800 | 1,411 | 1,021 | 24.3% |
| South Korea | 71.0 | 52.7 | 45.9 | 86.3 | 6.7% |
| Malaysia | 47.3 | 59.9 | 48.0 | 59.1 | 7.7% |
| Japan | 54.8 | 39.6 | 32.6 | 30.8 | -17.5% |
| United Arab Emirates | N/A | N/A | 296 | N/A | 0% |
| Others | 19.1 | 53.6 | 57.6 | 22.4 | 5.5% |
| Total | 723 | 2,006 | 1,891 | 1,219 | 19.0% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Vietnam in 2022:
- China (155.9 tons)
- South Korea (13.2 tons)
- Malaysia (9.0 tons)
- Japan (4.7 tons)
925
This report provides an in-depth analysis of the piper pepper market in Vietnam.
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This report provides an in-depth analysis of the pimenta pepper market in Vietnam.
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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 pimenta pepper market.
925
This report provides an in-depth analysis of the piper pepper market in Vietnam.
3609
This report provides an in-depth analysis of the spice market in Vietnam.
623
This report provides an in-depth analysis of the pimenta pepper market in Vietnam.
6895
This report provides an in-depth analysis of the global piper pepper market.
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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.
5353
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
6695
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1242
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
15466
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
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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
