Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Japan - 2023

Contents:

  1. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Japan (CIF) - 2023
  2. Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Japan (FOB) - 2022
  3. Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Japan
  4. Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Japan

Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Japan (CIF) - 2023

The average import price for pepper of the genus piper, neither crushed nor ground stood at $6,434 per ton in November 2023, growing by 8.5% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 14% against the previous month. The import price peaked at $7,121 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was India ($8,614 per ton), while the price for Malaysia ($5,265 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for pepper of the genus piper, neither crushed nor ground amounted to $77,833 per ton, with an increase of 12% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 7,623% against the previous year. As a result, the export price attained the peak level of $825,041 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +368.1% per year.

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

Imports of pepper of the genus piper, neither crushed nor ground into Japan skyrocketed to 6.5K tons in 2022, rising by 19% against the year before. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 soared to $44M in 2022. In general, imports posted significant growth. 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 Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia10.69.613.322.227.9%
Indonesia7.26.19.111.817.9%
Vietnam3.24.45.46.627.3%
India2.71.31.82.1-8.0%
Others1.31.11.41.54.9%
Total25.022.530.944.120.8%

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

  1. Malaysia (3.6K tons)
  2. Indonesia (1.6K tons)
  3. Vietnam (1.0K tons)
  4. India (0.2K tons)

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

In 2022, overseas shipments of pepper of the genus piper, neither crushed nor ground were finally on the rise to reach 30 kg after two years of decline. In general, exports, however, recorded a precipitous curtailment.

In value terms, exports of pepper of the genus piper, neither crushed nor ground skyrocketed to $2.3K in 2022. Over the period under review, exports, however, saw a sharp slump.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A2.30%
ChinaN/A2.0N/AN/A0%
United Arab Emirates16.33.61.3N/A-71.8%
BrazilN/A9.7N/AN/A0%
Others24.3N/A0.6N/A-84.3%
Total40.615.21.92.3-61.6%

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

  1. Spain (30.0 kg)

Source: IndexBox Market Intelligence Platform

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