Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Malaysia - 2024
Contents:
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Malaysia (FOB) - 2024
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Malaysia (CIF) - 2024
- Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Malaysia
- Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Malaysia
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Malaysia (FOB) - 2024
In January 2024, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $4,718 per ton, falling by -2.7% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 14% m-o-m. As a result, the export price reached the peak level of $5,360 per ton. From April 2023 to January 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Japan ($5,509 per ton), while the average price for exports to Taiwan (Chinese) ($1,479 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Malaysia (CIF) - 2024
The average import price for pepper of the genus piper, neither crushed nor ground stood at $4,743 per ton in January 2024, shrinking by -3.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 50% m-o-m. The import price peaked at $4,931 per ton in December 2023, and then dropped in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was India ($9,751 per ton), while the price for South Korea ($962 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 the United States (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Malaysia
For the third year in a row, Malaysia recorded decline in overseas shipments of pepper of the genus piper, neither crushed nor ground, which decreased by -9.8% to 5.4K tons in 2022. In general, exports continue to indicate a deep slump.
In value terms, exports of pepper of the genus piper, neither crushed nor ground amounted to $30M in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 26% 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, Neither Crushed Nor Ground in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 8.9 | 8.0 | 12.1 | 13.6 | 15.2% |
| Vietnam | 1.9 | 2.4 | 3.9 | 5.0 | 38.1% |
| Taiwan (Chinese) | 3.1 | 2.3 | 2.3 | 2.9 | -2.2% |
| South Korea | 2.1 | 1.2 | 2.7 | 2.0 | -1.6% |
| Singapore | 1.2 | 1.2 | 1.2 | 1.4 | 5.3% |
| Philippines | 0.6 | 0.8 | 1.2 | 1.2 | 26.0% |
| China | 6.3 | 4.5 | 2.2 | 1.1 | -44.1% |
| India | 0.6 | 0.5 | 0.2 | 0.6 | 0.0% |
| Others | 1.7 | 1.3 | 2.1 | 2.0 | 5.6% |
| Total | 26.4 | 22.1 | 27.8 | 29.9 | 4.2% |
Top Export Markets for Pepper of the Genus Piper, Neither Crushed Nor Ground from Malaysia in 2022:
- Japan (2334.3 tons)
- Vietnam (942.0 tons)
- Taiwan (Chinese) (573.3 tons)
- South Korea (349.0 tons)
- Singapore (287.7 tons)
- Philippines (268.1 tons)
- China (225.9 tons)
- India (119.7 tons)
Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Malaysia
Imports of pepper of the genus piper, neither crushed nor ground into Malaysia dropped to 2.5K tons in 2022, reducing by -5.4% against 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of 2.6K tons, and then reduced in the following year.
In value terms, imports of pepper of the genus piper, neither crushed nor ground expanded to $12M in 2022. Overall, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. Over the period under review, imports of pepper of genus piper, neither crushed nor ground attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 4.1 | 2.3 | 4.6 | 6.4 | 16.0% |
| Indonesia | 2.7 | 2.2 | 4.7 | 3.1 | 4.7% |
| India | 0.7 | 0.7 | 0.8 | 1.1 | 16.3% |
| Myanmar | N/A | N/A | N/A | 0.2 | 0% |
| China | 0.1 | 0.5 | 0.5 | 0.2 | 26.0% |
| South Korea | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.4 | 0.8 | 0.5 | 35.7% |
| Total | 7.8 | 6.1 | 11.3 | 11.5 | 13.8% |
Top Suppliers of Pepper of the Genus Piper, Neither Crushed Nor Ground to Malaysia in 2022:
- Vietnam (1431.3 tons)
- Indonesia (420.9 tons)
- South Korea (208.2 tons)
- India (131.5 tons)
- Myanmar (105.0 tons)
- China (37.7 tons)
817
This report provides an in-depth analysis of the piper pepper market in Malaysia.
2339
This report provides an in-depth analysis of the spice market in Malaysia.
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This report provides an in-depth analysis of the pimenta pepper market in Malaysia.
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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 spice market.
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This report provides an in-depth analysis of the global pimenta pepper market.
817
This report provides an in-depth analysis of the piper pepper market in Malaysia.
2339
This report provides an in-depth analysis of the spice market in Malaysia.
523
This report provides an in-depth analysis of the pimenta pepper market in Malaysia.
6958
This report provides an in-depth analysis of the global piper pepper market.
1241
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
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Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
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Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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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
15590
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
