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

Contents:

  1. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in the Dominican Republic (CIF) - 2023
  2. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in the Dominican Republic (FOB) - 2022
  3. Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in the Dominican Republic
  4. Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in the Dominican Republic

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in the Dominican Republic (CIF) - 2023

The average import price for pepper of the genus piper, neither crushed nor ground stood at $4,885 per ton in March 2023, surging by 8% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 160% m-o-m. As a result, import price attained the peak level of $13,453 per ton. From July 2022 to March 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($15,528 per ton), while the price for Brazil ($2,784 per ton) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), 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 the Dominican Republic (FOB) - 2022

The average export price for pepper of the genus piper, neither crushed nor ground stood at $1,576 per ton in 2022, picking up by 3.6% against the previous year. Overall, the export price, however, showed a perceptible descent. The growth pace was the most rapid in 2014 an increase of 116%. As a result, the export price reached the peak level of $3,759 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($5,577 per ton), while the average price for exports to Haiti totaled $1,416 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+18.1%).

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

In 2022, supplies from abroad of pepper of the genus piper, neither crushed nor ground decreased by -11.5% to 573 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of 648 tons, and then dropped in the following year.

In value terms, imports of pepper of the genus piper, neither crushed nor ground expanded remarkably to $3.1M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 85%. Over the period under review, imports of pepper of genus piper, neither crushed nor ground reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico39746374690131.4%
Brazil36921884984631.9%
Vietnam13711849772974.6%
United States21326125029111.0%
Spain78.414225222942.9%
MadagascarN/AN/AN/A43.20%
Indonesia15914620210.1-60.1%
Others15019454.649.2-31.0%
Total1,5041,5432,8523,09927.3%

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

  1. Brazil (199.3 tons)
  2. Vietnam (164.3 tons)
  3. Mexico (138.5 tons)
  4. United States (30.5 tons)
  5. Spain (15.0 tons)
  6. Madagascar (9.8 tons)
  7. Indonesia (2.0 tons)

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

In 2022, shipments abroad of pepper of the genus piper, neither crushed nor ground decreased by -34.9% to 22 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 557%.

In value terms, exports of pepper of the genus piper, neither crushed nor ground shrank markedly to $35K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 796%.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Haiti3.224.648.430.5112.0%
Others2.224.23.54.526.9%
Total5.548.851.935.085.3%

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

  1. Haiti (21.6 tons)

Source: IndexBox Market Intelligence Platform

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