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

Contents:

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

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

The average import price for pepper of the genus piper, neither crushed nor ground stood at $6,971 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2015 an increase of 24%. As a result, import price reached the peak level of $11,966 per ton. From 2016 to 2022, the average 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 Latvia ($16,336 per ton), while the price for Vietnam ($4,126 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for pepper of the genus piper, neither crushed nor ground stood at $11,314 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 17%. The export price peaked at $19,739 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($36,461 per ton), while the average price for exports to Sweden ($9,039 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 the Netherlands (+50.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 296 tons of pepper of the genus piper, neither crushed nor ground were imported into Estonia; declining by -17% compared with the year before. Overall, imports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports attained the peak of 356 tons, and then shrank dramatically in the following year.

In value terms, imports of pepper of the genus piper, neither crushed nor ground dropped remarkably to $2.1M in 2022. In general, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports attained the peak of $2.4M, and then reduced notably in the following year.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/A1,5782,1231,6993.8%
India1,92331855.087.9-64.2%
Latvia14.228.360.583.780.6%
Germany21.624.044.741.724.5%
Netherlands19.121.836.118.6-0.9%
Vietnam34.175.413.717.0-20.7%
Malaysia146N/AN/AN/A0%
Others87.884.51151159.4%
Total2,2452,1302,4482,063-2.8%

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

  1. Sweden (256.0 tons)
  2. India (12.0 tons)
  3. Germany (5.2 tons)
  4. Latvia (5.1 tons)
  5. Vietnam (4.1 tons)
  6. Netherlands (3.2 tons)

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

In 2022, shipments abroad of pepper of the genus piper, neither crushed nor ground decreased by -0.9% to 136 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 1.9%. As a result, the exports attained the peak of 137 tons, leveling off in the following year.

In value terms, exports of pepper of the genus piper, neither crushed nor ground reduced slightly to $1.5M in 2022. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 4.3% against the previous year. As a result, the exports attained the peak of $1.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1,0681,0691,0071,036-1.0%
Lithuania11316818017615.9%
Latvia1452012221685.0%
BelgiumN/AN/A4.866.11277.1%
Russia16483.122.89.1-61.9%
Others27.161.612085.146.4%
Total1,5181,5831,5561,5410.5%

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

  1. Sweden (114.7 tons)
  2. Belgium (6.6 tons)
  3. Latvia (6.1 tons)
  4. Lithuania (4.8 tons)
  5. Russia (0.9 tons)

Source: IndexBox Market Intelligence Platform

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