Price for Pepper (of the Genus Piper), Crushed or Ground in China - 2023
Contents:
- Price for Pepper (of the Genus Piper), Crushed or Ground in China (FOB) - 2023
- Price for Pepper (of the Genus Piper), Crushed or Ground in China (CIF) - 2022
- Exports of Pepper (of the Genus Piper), Crushed or Ground in China
- Imports of Pepper (of the Genus Piper), Crushed or Ground in China
Price for Pepper (of the Genus Piper), Crushed or Ground in China (FOB) - 2023
In December 2023, the average export price for pepper (of the genus piper), crushed or ground amounted to $5,032 per ton, with an increase of 1.5% against the previous month. Overall, the export price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in June 2023 an increase of 41% m-o-m. The export price peaked at $9,781 per ton in July 2023; however, from August 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Vietnam ($24,337 per ton), while the average price for exports to Peru ($1,950 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pepper (of the Genus Piper), Crushed or Ground in China (CIF) - 2022
The average import price for pepper (of the genus piper), crushed or ground stood at $4,841 per ton in 2022, which is down by -5% against the previous year. Overall, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $12,713 per ton. From 2015 to 2022, the average 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 Taiwan (Chinese) ($16,880 per ton), while the price for Myanmar ($721 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pepper (of the Genus Piper), Crushed or Ground in China
In 2022, exports of pepper (of the genus piper), crushed or ground from China rose sharply to 1.5K tons, surging by 8.5% compared with 2021 figures. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 38%. As a result, the exports reached the peak of 1.6K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of pepper (of the genus piper), crushed or ground totaled $9M in 2022. The total export value increased at an average annual rate of +10.3% 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 2020 with an increase of 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Pepper (of the Genus Piper), Crushed or Ground in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,629 | 1,708 | 1,538 | 2,975 | 22.2% |
| Romania | 119 | 1,439 | 1,706 | 1,246 | 118.8% |
| Germany | 1,409 | 896 | 420 | 977 | -11.5% |
| Vietnam | 475 | 1,540 | 1,448 | 957 | 26.3% |
| Hong Kong SAR | 807 | 1,096 | 713 | 683 | -5.4% |
| Thailand | 787 | 787 | 1,048 | 433 | -18.1% |
| France | 14.6 | 5.7 | 3.0 | 282 | 168.3% |
| Malaysia | 180 | 135 | 178 | 271 | 14.6% |
| United Kingdom | 32.7 | 194 | 308 | 182 | 77.2% |
| Italy | 1.8 | 92.6 | 134 | 169 | 354.5% |
| Guatemala | N/A | N/A | 19.4 | 120 | 518.6% |
| Peru | 82.5 | 54.0 | 21.9 | 68.3 | -6.1% |
| United Arab Emirates | 372 | 1.0 | 0.5 | 1.7 | -83.4% |
| Others | 838 | 513 | 504 | 685 | -6.5% |
| Total | 6,749 | 8,460 | 8,042 | 9,050 | 10.3% |
Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from China in 2022:
- Romania (445.3 tons)
- United States (292.0 tons)
- Germany (234.3 tons)
- Hong Kong SAR (166.5 tons)
- Thailand (55.7 tons)
- Malaysia (44.0 tons)
- Vietnam (41.5 tons)
- Guatemala (29.9 tons)
- Peru (27.6 tons)
- France (24.9 tons)
- Italy (23.5 tons)
- United Kingdom (23.4 tons)
- United Arab Emirates (0.3 tons)
Imports of Pepper (of the Genus Piper), Crushed or Ground in China
After three years of growth, supplies from abroad of pepper (of the genus piper), crushed or ground decreased by -25% to 848 tons in 2022. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year.
In value terms, imports of pepper (of the genus piper), crushed or ground fell rapidly to $4.1M in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of $5.8M, and then declined remarkably in the following year.
| Import of Pepper (of the Genus Piper), Crushed or Ground in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1,320 | 1,935 | 3,029 | 2,620 | 25.7% |
| India | 1,131 | 756 | 939 | 846 | -9.2% |
| Malaysia | 30.6 | 29.2 | 58.6 | 141 | 66.4% |
| Brazil | 51.8 | 492 | 76.9 | 113 | 29.7% |
| Myanmar | N/A | N/A | N/A | 9.6 | 0% |
| Indonesia | 192 | 374 | 648 | 7.6 | -65.9% |
| Hong Kong SAR | 643 | 376 | 624 | N/A | -1.5% |
| Others | 711 | 581 | 382 | 366 | -19.9% |
| Total | 4,079 | 4,543 | 5,759 | 4,104 | 0.2% |
Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to China in 2022:
- Vietnam (574.1 tons)
- India (139.2 tons)
- Brazil (75.3 tons)
- Malaysia (17.1 tons)
- Myanmar (13.3 tons)
- Indonesia (1.4 tons)
788
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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 pimenta pepper market.
788
This report provides an in-depth analysis of the piper pepper market in China.
1791
This report provides an in-depth analysis of the spice market in China.
475
This report provides an in-depth analysis of the pimenta pepper market in China.
6763
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15143
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