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

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $8,783 per ton, declining by -2.3% against the previous year. In general, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2019 an increase of 34% against the previous year. The import price peaked at $11,101 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($13,587 per ton), while the price for Vietnam ($5,722 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $11,440 per ton, with an increase of 11% against the previous year. Over the period under review, the export price, however, recorded a slight downturn. The growth pace was the most rapid in 2013 an increase of 32%. As a result, the export price reached the peak level of $18,348 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($23,241 per ton), while the average price for exports to Angola ($7,757 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 UK (+8.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of pepper of the genus piper, neither crushed nor ground decreased by -7.1% to 180 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a pronounced downturn. The pace of growth was the most pronounced in 2020 with an increase of 20%. As a result, imports reached the peak of 235 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of pepper of the genus piper, neither crushed nor ground contracted to $1.6M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 8.8% against the previous year. As a result, imports reached the peak of $1.7M, and then dropped in the following year.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France559628730521-2.3%
Spain471327400445-1.9%
Netherlands1221.411722823.2%
Germany231241273194-5.7%
Vietnam58.024413985.713.9%
PolandN/AN/AN/A46.30%
Indonesia63.262.6N/AN/A-0.9%
Others89.296.983.359.6-12.6%
Total1,5941,6011,7411,580-0.3%

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

  1. Spain (62.0 tons)
  2. Netherlands (39.6 tons)
  3. France (39.3 tons)
  4. Vietnam (15.0 tons)
  5. Germany (14.3 tons)
  6. Poland (4.9 tons)

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

In 2022, shipments abroad of pepper of the genus piper, neither crushed nor ground decreased by -15.8% to 48 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 1.4% against the previous year. As a result, the exports attained the peak of 58 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of pepper of the genus piper, neither crushed nor ground reduced to $548K in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3294614804148.0%
Angola57.321.535.284.213.7%
Mozambique7.713.37.516.127.9%
France9.637.83.96.3-13.1%
Cambodia52.9N/AN/AN/A0%
Others29.136.961.427.3-2.1%
Total4865715885484.1%

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

  1. Spain (32.8 tons)
  2. Angola (10.9 tons)
  3. Mozambique (1.9 tons)
  4. France (0.5 tons)

Source: IndexBox Market Intelligence Platform

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