Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Kenya - 2022

Contents:

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

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

The average export price for pepper of the genus piper, neither crushed nor ground stood at $2,259 per ton in December 2021, with an increase of 23% against the previous month. Over the period under review, the export price continues to indicate modest growth. The growth pace was the most rapid in June 2021 when the average export price increased by 220% m-o-m. As a result, the export price reached the peak level of $5,151 per ton. From July 2021 to December 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Tanzania ($10,422 per ton), while the average price for exports to the Netherlands ($941 per ton) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+31.2%), 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 Kenya (CIF) - 2022

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $665 per ton, falling by -76.2% against the previous year. Overall, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $5,973 per ton in 2015; however, from 2016 to 2022, 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 China ($9,853 per ton), while the price for Tanzania ($119 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, exports of pepper of the genus piper, neither crushed nor ground from Kenya skyrocketed to 1.7K tons, jumping by 20% compared with the previous year. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year. Over the period under review, the exports of pepper of genus piper, neither crushed nor ground attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of pepper of the genus piper, neither crushed nor ground expanded slightly to $3.2M in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 120%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany48.670.95451,431208.8%
United Kingdom4431,0521,73797530.1%
Netherlands70.440.220235271.0%
Italy44.522.939.028886.4%
Togo36.541.3134N/A91.6%
Others245172423116-22.1%
Total8881,3993,0813,16252.7%

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

  1. United Kingdom (830.5 tons)
  2. Germany (400.1 tons)
  3. Netherlands (319.1 tons)
  4. Italy (85.8 tons)

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

Imports of pepper of the genus piper, neither crushed nor ground into Kenya skyrocketed to 889 tons in 2022, with an increase of 1,187% on the previous year's figure. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pepper of the genus piper, neither crushed nor ground skyrocketed to $592K in 2022. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.23.817.3172221.0%
Vietnam5.62.32.0140192.4%
Tanzania0.1N/A0.188.1858.6%
Singapore40.231.582.1N/A42.9%
Others47.637.191.819158.9%
Total98.874.819359281.6%

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

  1. Tanzania (740.4 tons)
  2. India (88.9 tons)
  3. Vietnam (26.1 tons)

Source: IndexBox Market Intelligence Platform

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