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

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $3,638 per ton, surging by 11% against the previous year. Over the period under review, the import price posted a mild expansion. The most prominent rate of growth was recorded in 2021 an increase of 47% against the previous year. The import price peaked at $6,677 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($4,191 per ton), while the price for Ecuador ($1,711 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for pepper of the genus piper, neither crushed nor ground stood at $9,457 per ton in 2022, rising by 77% against the previous year. Overall, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($12,400 per ton), while the average price for exports to Switzerland ($5,261 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 Chile (+29.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 1.3K tons of pepper of the genus piper, neither crushed nor ground were imported into Peru; jumping by 26% compared with the previous year. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period.

In value terms, imports of pepper of the genus piper, neither crushed nor ground soared to $4.8M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,5991,3492,0782,76220.0%
Mexico7694504991,27318.3%
Ecuador4149985435338.8%
Vietnam76.074.819976.40.2%
Others53.611812216946.6%
Total2,9132,9903,4414,81418.2%

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

  1. Brazil (686.5 tons)
  2. Ecuador (311.7 tons)
  3. Mexico (303.8 tons)
  4. Vietnam (15.0 tons)

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

In 2022, overseas shipments of pepper of the genus piper, neither crushed nor ground decreased by -98% to 392 kg, falling for the second consecutive year after two years of growth. Overall, exports saw a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. As a result, the exports attained the peak of 46 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, neither crushed nor ground dropped rapidly to $3.7K in 2022. Over the period under review, exports saw a significant decrease. The smallest decline of -3.9% was in 2020.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5.08.38.93.5-11.2%
ChileN/AN/AN/A0.10%
Switzerland0.70.10.20.1-47.7%
KenyaN/A34.646.7N/A35.0%
Guatemala66.959.9N/AN/A-10.5%
United StatesN/AN/A8.4N/A0%
OmanN/A18.2N/AN/A0%
Netherlands28.6N/AN/AN/A0%
Others51.926.041.0N/A-11.1%
Total1531471053.7-71.1%

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

  1. Spain (356.0 kg)
  2. Switzerland (23.0 kg)
  3. Chile (10.0 kg)

Source: IndexBox Market Intelligence Platform

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