Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in South Africa - 2024

Contents:

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

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

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $6,054 per ton, falling by -8.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. As a result, the export price attained the peak level of $6,635 per ton, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11,219 per ton), while the average price for exports to Lesotho ($453 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 Botswana (+7.5%), 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 South Africa (CIF) - 2022

The average import price for pepper of the genus piper, neither crushed nor ground stood at $4,717 per ton in 2022, picking up by 22% against the previous year. In general, the import price, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 38%. The import price peaked at $9,180 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 Brazil ($14,520 per ton), while the price for Zimbabwe ($276 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.7%), 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 South Africa

In 2022, shipments abroad of pepper of the genus piper, neither crushed nor ground decreased by -18.2% to 1.8K tons, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 3.3K 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 fell rapidly to $11M in 2022. Overall, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 8.5% against the previous year. As a result, the exports reached the peak of $17M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. United States (407.9 tons)
2. United Kingdom (294.6 tons)
3. Australia (237.2 tons)
4. Japan (210.5 tons)
5. Lesotho (190.2 tons)
6. Netherlands (60.0 tons)
7. Canada (57.9 tons)
8. Botswana (50.5 tons)
9. Swaziland (34.1 tons)
10. Namibia (31.3 tons)
11. Vietnam (30.0 tons)

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

Imports of pepper of the genus piper, neither crushed nor ground into South Africa declined notably to 2.1K tons in 2022, waning by -28% against the previous year's figure. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 2.9K tons, and then dropped markedly in the following year.

In value terms, imports of pepper of the genus piper, neither crushed nor ground contracted to $9.9M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 65%. As a result, imports reached the peak of $11M, and then fell in the following year.

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

1. Vietnam (1589.9 tons)
2. Malawi (99.9 tons)
3. Malaysia (66.0 tons)
4. India (60.0 tons)
5. Zimbabwe (50.9 tons)
6. Singapore (50.0 tons)
7. Mexico (36.0 tons)
8. Madagascar (33.2 tons)
9. Brazil (0.1 tons)

Source: IndexBox Market Intelligence Platform