Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia - 2024

Contents:

  1. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia (CIF) - 2024
  2. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia (FOB) - 2022
  3. Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia
  4. Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia (CIF) - 2024

The average import price for pepper of the genus piper, neither crushed nor ground stood at $6,567 per ton in January 2024, falling by -23.5% against the previous month. In general, the import price showed a perceptible downturn. The growth pace was the most rapid in May 2023 an increase of 49% m-o-m. The import price peaked at $9,632 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Africa ($17,388 per ton), while the price for Vietnam ($4,419 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by South Africa (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia (FOB) - 2022

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $7,288 per ton, picking up by 8.7% against the previous year. Overall, the export price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 an increase of 72% against the previous year. As a result, the export price reached the peak level of $26,605 per ton. From 2014 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 Singapore ($18,071 per ton), while the average price for exports to French Polynesia ($2,535 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 Indonesia (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia

In 2022, purchases abroad of pepper of the genus piper, neither crushed nor ground decreased by -19.9% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. As a result, imports attained the peak of 2.2K tons, and then contracted remarkably in the following year.

In value terms, imports of pepper of the genus piper, neither crushed nor ground totaled $13M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam2.93.55.45.624.5%
South Africa2.72.41.92.2-6.6%
India1.30.91.11.42.5%
Italy0.31.11.11.258.7%
China1.01.01.51.26.3%
PakistanN/A0.10.20.5123.6%
Indonesia0.50.50.1N/A-55.3%
Others2.30.90.80.6-36.1%
Total11.110.412.112.74.6%

Top Suppliers of Pepper of the Genus Piper, Neither Crushed Nor Ground to Australia in 2022:

  1. Vietnam (1147.6 tons)
  2. India (154.5 tons)
  3. South Africa (138.9 tons)
  4. China (112.6 tons)
  5. Pakistan (55.7 tons)
  6. Italy (49.7 tons)

Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia

Exports of pepper of the genus piper, neither crushed nor ground from Australia surged to 101 tons in 2022, jumping by 35% compared with the previous year. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 86%. Over the period under review, the exports of pepper of genus piper, neither crushed nor ground reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of pepper of the genus piper, neither crushed nor ground soared to $733K in 2022. Overall, exports recorded resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 57%. Over the period under review, the exports of pepper of genus piper, neither crushed nor ground attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1991523072122.1%
United StatesN/AN/A21.7167669.6%
Singapore14.81.511.285.079.1%
Indonesia14.950.430.771.868.9%
Papua New GuineaN/A0.4N/A39.4892.5%
Malaysia6.17.722.619.948.3%
French PolynesiaN/AN/AN/A10.00%
Vietnam45.429.255.41.6-67.2%
India30.6N/AN/AN/A0%
Others27676.150.4126-23.0%
Total5863174997337.7%

Top Export Markets for Pepper of the Genus Piper, Neither Crushed Nor Ground from Australia in 2022:

  1. United States (41.5 tons)
  2. New Zealand (33.1 tons)
  3. Indonesia (5.4 tons)
  4. Singapore (4.7 tons)
  5. French Polynesia (3.9 tons)
  6. Papua New Guinea (3.4 tons)
  7. Malaysia (1.7 tons)
  8. Vietnam (0.2 tons)

Source: IndexBox Market Intelligence Platform

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