Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Colombia - 2022

Contents:

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

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

The average import price for pepper of the genus piper, neither crushed nor ground stood at $2,721 per ton in 2022, surging by 4.3% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.7% 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, neither crushed nor ground decreased by -19.4% against 2018 indices. The pace of growth appeared the most rapid in 2015 an increase of 78% against the previous year. As a result, import price reached the peak level of $3,625 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($12,889 per ton), while the price for Ecuador ($723 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $12,558 per ton, with an increase of 294% against the previous year. Over the period under review, the export price showed a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($24,700 per ton), while the average price for exports to Curacao ($1,480 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 the United States (+191.2%), 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 Colombia

For the fourth year in a row, Colombia recorded growth in supplies from abroad of pepper of the genus piper, neither crushed nor ground, which increased by 43% to 645 tons in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 127%. Over the period under review, imports of pepper of genus piper, neither crushed nor ground reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of pepper of the genus piper, neither crushed nor ground skyrocketed to $1.8M in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 138% against the previous year. Over the period under review, imports of pepper of genus piper, neither crushed nor ground attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico15747737887077.0%
United States15236651640638.7%
Brazil17.729.1103186119.0%
Vietnam12.25.26.2102103.0%
Ecuador5.726.369.459.2118.2%
Others1242111041342.6%
Total4691,1141,1761,75655.3%

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

  1. Mexico (455.7 tons)
  2. Ecuador (81.8 tons)
  3. Brazil (57.0 tons)
  4. United States (31.5 tons)
  5. Vietnam (13.4 tons)

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

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 -96.4% to 631 kg. In general, exports showed a mild slump. The growth pace was the most rapid in 2020 with an increase of 1,351% against the previous year.

In value terms, exports of pepper of the genus piper, neither crushed nor ground reduced dramatically to $7.9K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 2,775%.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A0.14.67.4760.2%
CanadaN/A0.60.70.4-18.4%
CuracaoN/A0.10.10.10.0%
Venezuela0.715.720.0N/A434.5%
ArubaN/A1.23.2N/A166.7%
AustriaN/A0.50.8N/A60.0%
France0.21.76.5N/A470.1%
India0.516.916.6N/A476.2%
OthersN/A6.72.9N/A-56.7%
Total1.543.455.57.974.0%

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

  1. United States (300.0 kg)
  2. Canada (281.0 kg)
  3. Curacao (50.0 kg)

Source: IndexBox Market Intelligence Platform

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