Price for Pepper (of the Genus Piper), Crushed or Ground in Switzerland - 2024

Contents:

  1. Price for Pepper (of the Genus Piper), Crushed or Ground in Switzerland (CIF) - 2024
  2. Price for Pepper (of the Genus Piper), Crushed or Ground in Switzerland (FOB) - 2024
  3. Imports of Pepper (of the Genus Piper), Crushed or Ground in Switzerland
  4. Exports of Pepper (of the Genus Piper), Crushed or Ground in Switzerland

Price for Pepper (of the Genus Piper), Crushed or Ground in Switzerland (CIF) - 2024

In January 2024, the average import price for pepper (of the genus piper), crushed or ground amounted to $7,751 per ton, declining by -31.6% against the previous month. In general, the import price showed a perceptible slump. The pace of growth was the most pronounced in October 2023 when the average import price increased by 50% m-o-m. The import price peaked at $11,693 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($16,297 per ton), while the price for Vietnam ($5,921 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pepper (of the Genus Piper), Crushed or Ground in Switzerland (FOB) - 2024

In January 2024, the average export price for pepper (of the genus piper), crushed or ground amounted to $22,402 per ton, rising by 12% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 100% against the previous month. As a result, the export price attained the peak level of $42,383 per ton. From August 2023 to January 2024, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was the United States ($40,876 per ton), while the average price for exports to Hong Kong SAR ($14,653 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pepper (of the Genus Piper), Crushed or Ground in Switzerland

Imports of pepper (of the genus piper), crushed or ground into Switzerland contracted markedly to 420 tons in 2022, waning by -21.9% against the previous year's figure. Over the period under review, imports showed 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 537 tons, and then shrank sharply in the following year.

In value terms, imports of pepper (of the genus piper), crushed or ground reduced to $3.7M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 20%. As a result, imports attained the peak of $4.1M, and then reduced in the following year.

Import of Pepper (of the Genus Piper), Crushed or Ground in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam1,0258299661,2817.7%
Germany9501,1541,6739831.1%
India23185.81692462.1%
Spain13634915321416.3%
Brazil216175226168-8.0%
Sri Lanka17713173.0167-1.9%
Indonesia143109115123-4.9%
China13680.852.9107-7.7%
Italy61.577.565.073.15.9%
Netherlands59.524.914036.2-15.3%
Singapore63.450.550.525.1-26.6%
Others1933113712397.4%
Total3,3913,3784,0543,6632.6%

Top Suppliers of Pepper (of the Genus Piper), Crushed or Ground to Switzerland in 2022:

  1. Vietnam (179.6 tons)
  2. Germany (87.5 tons)
  3. India (25.0 tons)
  4. Brazil (23.4 tons)
  5. Spain (21.8 tons)
  6. Sri Lanka (14.1 tons)
  7. China (13.2 tons)
  8. Indonesia (11.4 tons)
  9. Italy (9.2 tons)
  10. Netherlands (7.2 tons)
  11. Singapore (4.0 tons)

Exports of Pepper (of the Genus Piper), Crushed or Ground in Switzerland

In 2022, after three years of growth, there was decline in overseas shipments of pepper (of the genus piper), crushed or ground, when their volume decreased by -3.4% to 119 tons. The total export volume increased at an average annual rate of +7.5% over the period 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 2021 with an increase of 19%. As a result, the exports reached the peak of 123 tons, and then dropped slightly in the following year.

In value terms, exports of pepper (of the genus piper), crushed or ground shrank to $2.4M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 27%. As a result, the exports reached the peak of $2.7M, and then declined in the following year.

Export of Pepper (of the Genus Piper), Crushed or Ground in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0741,0181,1741,1512.3%
Netherlands31242856660824.9%
Austria20390.7140125-14.9%
Brazil12.012719995.599.7%
SwedenN/A51.662.890.832.7%
Finland78.488.572.886.63.4%
Czech Republic82.973.391.066.4-7.1%
Norway17310710040.9-38.2%
Others169148309160-1.8%
Total2,1042,1312,7152,4244.8%

Top Export Markets for Pepper (of the Genus Piper), Crushed or Ground from Switzerland in 2022:

  1. Germany (63.2 tons)
  2. Netherlands (29.2 tons)
  3. Austria (5.7 tons)
  4. Finland (4.2 tons)
  5. Brazil (3.8 tons)
  6. Sweden (2.8 tons)
  7. Czech Republic (2.4 tons)
  8. Norway (1.0 tons)

Source: IndexBox Market Intelligence Platform

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