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

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $3,134 per ton, waning by -16.5% against the previous year. Overall, the import price recorded a pronounced reduction. The pace of growth appeared the most rapid in 2016 an increase of 91% against the previous year. As a result, import price attained the peak level of $5,995 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($4,874 per ton), while the price for Indonesia ($1,084 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $2,317 per ton, with a decrease of -16.5% against the previous year. Over the period under review, the export price showed a noticeable decline. The growth pace was the most rapid in 2020 an increase of 25% against the previous year. Over the period under review, the average export prices reached the maximum at $3,135 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lebanon ($2,607 per ton), while the average price for exports to Bahrain ($1,516 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 United Arab Emirates (+16.6%), 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 Bangladesh

In 2022, overseas purchases of pepper of the genus piper, neither crushed nor ground decreased by -10.3% to 3.3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 118%.

In value terms, imports of pepper of the genus piper, neither crushed nor ground contracted significantly to $10M in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 101%. As a result, imports reached the peak of $14M, and then contracted dramatically in the following year.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam2.64.36.03.38.3%
India0.10.60.13.1214.1%
Brazil0.21.30.60.20.0%
Singapore0.50.40.20.2-26.3%
IndonesiaN/AN/A0.1N/A0%
MadagascarN/A0.10.2N/A100.0%
Others0.10.16.63.5227.1%
Total3.56.913.810.343.3%

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

  1. India (1734.2 tons)
  2. Vietnam (668.3 tons)
  3. Brazil (68.0 tons)
  4. Singapore (52.4 tons)
  5. Indonesia (26.3 tons)

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

Exports of pepper of the genus piper, neither crushed nor ground from Bangladesh surged to 109 tons in 2022, rising by 38% compared with the previous year. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of pepper of the genus piper, neither crushed nor ground skyrocketed to $252K in 2022. The total export value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year. As a result, the exports attained the peak of $286K. 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 Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait75.09.75.910210.8%
Lebanon5.31.00.667.5133.5%
United Arab Emirates2.13.40.827.3135.1%
BahrainN/A1.71.14.664.5%
Saudi Arabia113211188N/A29.0%
Others11.458.622.050.364.0%
Total2072862182526.8%

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

  1. Kuwait (57.2 tons)
  2. Lebanon (25.9 tons)
  3. United Arab Emirates (17.9 tons)
  4. Bahrain (3.0 tons)

Source: IndexBox Market Intelligence Platform

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