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

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $6,548 per ton, increasing by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 an increase of 26%. The import price peaked at $10,407 per ton in 2015; however, from 2016 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 India ($32,553 per ton), while the price for Brazil ($5,855 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $8,751 per ton, with an increase of 14% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 34% against the previous year. The export price peaked at $13,049 per ton in 2016; however, from 2017 to 2022, the 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 North Macedonia ($18,283 per ton), while the average price for exports to Bosnia and Herzegovina ($5,248 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 North Macedonia (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of pepper of the genus piper, neither crushed nor ground into Serbia reduced to 178 tons, declining by -14.1% on the previous year. Over the period under review, imports recorded a abrupt descent. The smallest decline of -10.3% was in 2021.

In value terms, imports of pepper of the genus piper, neither crushed nor ground reduced to $1.2M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. As a result, imports attained the peak of $1.2M, and then shrank in the following year.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam7037097087733.2%
Brazil19912734130315.0%
Spain47.711473.049.00.9%
Others81.214010943.5-18.8%
Total1,0301,0891,2311,1694.3%

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

  1. Vietnam (116.8 tons)
  2. Brazil (51.8 tons)
  3. Spain (7.5 tons)

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

Exports of pepper of the genus piper, neither crushed nor ground from Serbia fell sharply to 16 tons in 2022, waning by -21.9% on the previous year. Over the period under review, exports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 22%.

In value terms, exports of pepper of the genus piper, neither crushed nor ground shrank to $144K in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, the exports reached the peak of $162K, and then declined in the following year.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro44.159.583.283.123.5%
Bosnia and Herzegovina50.045.770.556.03.8%
North Macedonia13.04.36.43.4-36.0%
Netherlands10.6N/AN/AN/A0%
Others8.14.41.91.3-45.7%
Total1261141621444.6%

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

  1. Bosnia and Herzegovina (10.7 tons)
  2. Montenegro (5.5 tons)
  3. North Macedonia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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