Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Ireland - 2023
Contents:
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Ireland (CIF) - 2022
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Ireland (FOB) - 2022
- Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Ireland
- Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Ireland
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Ireland (CIF) - 2022
The average import price for pepper of the genus piper, neither crushed nor ground stood at $11,043 per ton in 2022, with an increase of 22% against the previous year. In general, the import price continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2014 an increase of 149%. As a result, import price reached the peak level of $15,139 per ton. From 2015 to 2022, the average 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 Brazil ($21,450 per ton), while the price for the Netherlands ($3,985 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.7%), 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 Ireland (FOB) - 2022
The average export price for pepper of the genus piper, neither crushed nor ground stood at $8,378 per ton in 2022, declining by -19.8% against the previous year. Over the period under review, the export price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2020 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the maximum at $13,649 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -5.5% per year.
Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Ireland
For the third year in a row, Ireland recorded decline in purchases abroad of pepper of the genus piper, neither crushed nor ground, which decreased by -44.8% to 137 tons in 2022. Over the period under review, imports faced a sharp setback. The smallest decline of -8.4% was in 2020.
In value terms, imports of pepper of the genus piper, neither crushed nor ground reduced remarkably to $1.5M in 2022. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 3.4%. As a result, imports reached the peak of $2.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 53.2 | 0.3 | 401 | 480 | 108.2% |
| South Africa | 258 | 435 | 485 | 456 | 20.9% |
| United Kingdom | 1,256 | 1,323 | 150 | 202 | -45.6% |
| Italy | 146 | 165 | 214 | 118 | -6.9% |
| France | 135 | 85.7 | 40.9 | 72.5 | -18.7% |
| Turkey | 18.2 | 0.1 | 11.4 | 32.0 | 20.7% |
| India | 134 | 22.8 | 142 | 26.0 | -42.1% |
| Netherlands | 2.9 | 142 | 338 | 16.0 | 76.7% |
| Germany | 331 | 424 | 282 | 9.3 | -69.6% |
| Others | 429 | 258 | 186 | 101 | -38.3% |
| Total | 2,763 | 2,856 | 2,250 | 1,512 | -18.2% |
Top Suppliers of Pepper of the Genus Piper, Neither Crushed Nor Ground to Ireland in 2022:
- Vietnam (43.1 tons)
- South Africa (42.6 tons)
- United Kingdom (16.9 tons)
- France (7.2 tons)
- Italy (5.8 tons)
- Netherlands (4.0 tons)
- Turkey (3.4 tons)
- India (2.8 tons)
- Germany (0.5 tons)
Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Ireland
In 2022, approx. 14 tons of pepper of the genus piper, neither crushed nor ground were exported from Ireland; jumping by 15% against 2021 figures. The total export volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of pepper of the genus piper, neither crushed nor ground declined to $117K in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 8.1%.
| Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 93.3 | 120 | 122 | 117 | 7.8% |
| Germany | 12.5 | N/A | N/A | N/A | 0% |
| Others | 6.8 | 2.2 | 4.7 | 0.1 | -75.5% |
| Total | 113 | 122 | 127 | 117 | 1.2% |
Top Export Markets for Pepper of the Genus Piper, Neither Crushed Nor Ground from Ireland in 2022:
- United Kingdom (14.0 tons)
729
This report provides an in-depth analysis of the piper pepper market in Ireland.
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