Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria - 2023
Contents:
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria (CIF) - 2023
- Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria (FOB) - 2022
- Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria
- Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria (CIF) - 2023
In October 2023, the average import price for spices; fruits of the genus capsicum or pimenta, crushed or ground amounted to $2,534 per ton, rising by 12% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 50% against the previous month. The import price peaked at $3,288 per ton in January 2023; however, from February 2023 to October 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Turkey ($3,658 per ton), while the price for China totaled $2,472 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria (FOB) - 2022
The average export price for spices; fruits of the genus capsicum or pimenta, crushed or ground stood at $2,034 per ton in 2022, picking up by 7.3% against the previous year. Overall, the export price, however, continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 25%. As a result, the export price attained the peak level of $3,098 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($5,339 per ton), while the average price for exports to North Macedonia ($1,276 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 UK (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria
In 2022, the amount of spices; fruits of the genus capsicum or pimenta, crushed or ground imported into Bulgaria skyrocketed to 2.2K tons, with an increase of 15% on the year before. In general, imports, however, saw a deep reduction.
In value terms, imports of spices; fruits of the genus capsicum or pimenta, crushed or ground soared to $5.2M in 2022. The total import value increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 3.2 | 3.0 | 3.7 | 12.5% |
| Spain | 0.6 | 0.6 | 0.7 | 0.8 | 10.1% |
| Austria | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Others | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
| Total | 3.8 | 4.3 | 4.3 | 5.2 | 11.0% |
Top Suppliers of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground to Bulgaria in 2022:
- China (1877.0 tons)
- Spain (246.2 tons)
- Austria (34.3 tons)
Exports of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria
Exports of spices; fruits of the genus capsicum or pimenta, crushed or ground from Bulgaria shrank notably to 234 tons in 2022, falling by -31.4% on the year before. In general, exports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 341 tons, and then fell notably in the following year.
In value terms, exports of spices; fruits of the genus capsicum or pimenta, crushed or ground shrank remarkably to $477K in 2022. Overall, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +9.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of $647K, and then fell sharply in the following year.
| Export of Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 103 | 117 | 149 | 195 | 23.7% |
| United Kingdom | 0.5 | 3.2 | 43.1 | 76.7 | 435.3% |
| Bosnia and Herzegovina | 140 | 86.8 | 108 | 57.8 | -25.5% |
| Romania | 132 | 168 | 256 | 47.6 | -28.8% |
| Greece | 11.4 | 21.3 | 24.7 | 23.6 | 27.4% |
| Ireland | 19.2 | 18.8 | 8.9 | 0.2 | -78.2% |
| Others | 28.3 | 31.5 | 57.3 | 75.7 | 38.8% |
| Total | 435 | 446 | 647 | 477 | 3.1% |
Top Export Markets for Spices; Fruits of the Genus Capsicum or Pimenta, Crushed or Ground from Bulgaria in 2022:
- North Macedonia (153.0 tons)
- Bosnia and Herzegovina (25.5 tons)
- Romania (24.1 tons)
- United Kingdom (14.4 tons)
- Greece (4.5 tons)
- Ireland (0.1 tons)
424
This report provides an in-depth analysis of the pimenta pepper market in Bulgaria.
457
This report provides an in-depth analysis of the piper pepper market in Bulgaria.
520
This report provides an in-depth analysis of the spice market in Bulgaria.
924
This report provides an in-depth analysis of the global pimenta pepper market.
6809
This report provides an in-depth analysis of the global piper pepper market.
5222
This report provides an in-depth analysis of the global spice market.
424
This report provides an in-depth analysis of the pimenta pepper market in Bulgaria.
457
This report provides an in-depth analysis of the piper pepper market in Bulgaria.
520
This report provides an in-depth analysis of the spice market in Bulgaria.
924
This report provides an in-depth analysis of the global pimenta pepper market.
117
Explore the top import markets for Pimenta Pepper in 2023, including key statistics and import values. Learn about the countries driving the global demand for this popular spice.
1242
The global pimenta pepper market rose modestly to $10.9B in 2019, surging by 4.2% against the previous year. This...
1169
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5137
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
6517
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1204
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
3840
From 2007 to 2015, global exports on the pepper market surged by +X% per year, amounting to X million USD in 2015. This was X million USD (X%) more than in 2014. In physical terms, exports stood at X thousand to
15251
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015. From 2007 to 2015, it expanded with a CAGR of +X%.
1920
In 2015, the value of total imports on the global pepper market stood at X million USD, an increase of X million USD (or X%) than on the previous year. Overall, there was an annual increase of +X% for the period from 2007 to 2015. In physical
1490
According to market research conducted by IndexBox, global pepper production was estimated at X thousand tons in 2015, an increase of X thousand tons than in 2014. In value terms, production reached record levels, increasing to X million USD
