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

Contents:

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

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $4,964 per ton, surging by 9.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 41% against the previous year. The import price peaked at $7,604 per ton in 2016; however, from 2017 to 2022, 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 India ($7,349 per ton), while the price for Vietnam ($4,137 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for pepper of the genus piper, neither crushed nor ground stood at $13,592 per ton in 2022, rising by 40% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for pepper of the genus piper, neither crushed nor ground decreased by -20.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 69%. Over the period under review, the average export prices reached the peak figure at $17,059 per ton in 2020; however, from 2021 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 Canada ($16,878 per ton), while the average price for exports to the United States ($5,447 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 (+26.2%), 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 Nepal

In 2022, imports of pepper of the genus piper, neither crushed nor ground into Nepal fell significantly to 928 tons, shrinking by -68.2% against the previous year's figure. In general, imports saw a sharp decrease. The smallest decline of -51.9% was in 2021.

In value terms, imports of pepper of the genus piper, neither crushed nor ground declined remarkably to $4.6M in 2022. Overall, imports showed a dramatic decline. The smallest decline of -40.2% was in 2021.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1.51.64.42.315.3%
Vietnam43.918.05.82.1-63.7%
India0.30.30.20.30.0%
United Arab Emirates0.60.40.2N/A-42.3%
Brazil5.11.01.3N/A-49.5%
Others0.90.81.1N/A10.6%
Total52.222.013.24.6-55.5%

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

  1. Vietnam (497.0 tons)
  2. Indonesia (390.4 tons)
  3. India (40.3 tons)

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

In 2022, exports of pepper of the genus piper, neither crushed nor ground from Nepal surged to 18 tons, with an increase of 9,495% against 2021. Overall, exports continue to indicate significant growth. As a result, the exports reached 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 surged to $241K in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.925.60.3129179.6%
France3.518.50.242.8130.4%
NetherlandsN/AN/AN/A39.70%
United KingdomN/A0.5N/A13.3415.8%
CanadaN/A0.1N/A12.0995.4%
United States0.52.6N/A2.161.3%
South Korea5.236.00.3N/A-76.0%
Turkey6.19.90.2N/A-81.9%
Others5.736.60.82.0-29.5%
Total27.01301.8241107.4%

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

  1. Germany (9.9 tons)
  2. France (3.0 tons)
  3. Netherlands (2.5 tons)
  4. United Kingdom (1.0 tons)
  5. Canada (0.7 tons)
  6. United States (0.4 tons)

Source: IndexBox Market Intelligence Platform

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