Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Belgium - 2023

Contents:

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

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

The average import price for pepper of the genus piper, neither crushed nor ground stood at $8,047 per ton in 2022, waning by -18.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 21% against the previous year. The import price peaked at $10,318 per ton in 2016; however, from 2017 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 Cambodia ($20,815 per ton), while the price for Madagascar ($3,274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $9,282 per ton, picking up by 4.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2013 when the average export price increased by 43%. Over the period under review, the average export prices attained the peak figure at $12,587 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($70,778 per ton), while the average price for exports to the Czech Republic ($5,210 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 Poland (+29.0%), 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 Belgium

For the fourth year in a row, Belgium recorded growth in overseas purchases of pepper of the genus piper, neither crushed nor ground, which increased by 16% to 841 tons in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of pepper of the genus piper, neither crushed nor ground contracted to $6.8M in 2022. The total import value increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 22% against the previous year.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,7041,8612,2912,86418.9%
Germany5437482,11591619.0%
France7246045877983.3%
Cambodia56.1325364531111.5%
Vietnam14016021936037.0%
Madagascar415298255169-25.9%
Italy35.249.456.712853.8%
Sri Lanka15867.713498.9-14.5%
South Africa43954915729.8-59.2%
Others6941,3261,0158768.1%
Total4,9085,9887,1956,77111.3%

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

  1. Netherlands (386.8 tons)
  2. Germany (119.7 tons)
  3. Vietnam (74.3 tons)
  4. France (56.0 tons)
  5. Madagascar (51.6 tons)
  6. Italy (34.0 tons)
  7. Cambodia (25.5 tons)
  8. Sri Lanka (14.7 tons)
  9. South Africa (2.2 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of pepper of the genus piper, neither crushed nor ground, when their volume decreased by -8.2% to 607 tons. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 132%. As a result, the exports attained the peak of 661 tons, and then shrank in the following year.

In value terms, exports of pepper of the genus piper, neither crushed nor ground fell to $5.6M in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 113%. As a result, the exports reached the peak of $5.9M, and then declined in the following year.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5765491,4601,78545.8%
Netherlands6168061,0161,03118.7%
United Kingdom3372571,9901,01644.5%
Germany16022745790978.4%
Czech Republic10.9206144386228.4%
Luxembourg159207180143-3.5%
Others413495617364-4.1%
Total2,2722,7475,8645,63435.4%

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

  1. France (208.1 tons)
  2. United Kingdom (105.0 tons)
  3. Netherlands (98.3 tons)
  4. Germany (87.5 tons)
  5. Czech Republic (74.1 tons)
  6. Luxembourg (9.8 tons)

Source: IndexBox Market Intelligence Platform

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