Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Panama - 2023
Contents:
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Panama (CIF) - 2023
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Panama (FOB) - 2022
- Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Panama
- Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Panama
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Panama (CIF) - 2023
The average import price for pepper of the genus piper, neither crushed nor ground stood at $5,179 per ton in November 2023, declining by -3.6% against the previous month. Overall, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 84% against the previous month. As a result, import price attained the peak level of $10,393 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($5,584 per ton), while the price for Vietnam ($4,954 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 Spain (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Panama (FOB) - 2022
The average export price for pepper of the genus piper, neither crushed nor ground stood at $2,655 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices hit record highs at $9,810 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($2,696 per ton), while the average price for exports to Guatemala ($2,171 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (-11.2%), while the prices for the other major destinations experienced a decline.
Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Panama
In 2022, approx. 172 tons of pepper of the genus piper, neither crushed nor ground were imported into Panama; picking up by 4.7% on the year before. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three-year period. 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. The pace of growth was the most pronounced in 2020 when imports increased by 43% against the previous year. Over the period under review, imports of pepper of genus piper, neither crushed nor ground hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of pepper of the genus piper, neither crushed nor ground expanded modestly to $987K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 196 | 280 | 281 | 582 | 43.7% |
| United States | 133 | 213 | 219 | 240 | 21.7% |
| Brazil | 54.2 | 53.6 | 34.7 | 78.6 | 13.2% |
| Spain | 7.0 | 12.4 | 15.7 | 47.5 | 89.3% |
| Costa Rica | 17.8 | 28.8 | 20.2 | 6.3 | -29.3% |
| Sri Lanka | 48.6 | 53.2 | 43.2 | N/A | -5.7% |
| Singapore | 23.0 | 18.0 | 20.7 | N/A | -5.1% |
| Others | 54.3 | 67.5 | 317 | 32.7 | -15.6% |
| Total | 534 | 726 | 952 | 987 | 22.7% |
Top Suppliers of Pepper of the Genus Piper, Neither Crushed Nor Ground to Panama in 2022:
- Vietnam (117.9 tons)
- United States (28.1 tons)
- Brazil (15.6 tons)
- Spain (4.9 tons)
- Costa Rica (1.1 tons)
Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Panama
In 2022, overseas shipments of pepper of the genus piper, neither crushed nor ground decreased by 0% to 2.1 tons, falling for the second consecutive year after two years of growth. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 784% against the previous year. As a result, the exports attained the peak of 4.1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of pepper of the genus piper, neither crushed nor ground totaled $5.5K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 710% against the previous year. As a result, the exports attained the peak of $11K. 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 Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 0.1 | 6.3 | N/A | 3.2 | 217.5% |
| Cuba | 0.1 | 3.9 | N/A | 2.0 | 171.4% |
| Guatemala | N/A | 0.8 | N/A | 0.3 | -38.8% |
| El Salvador | 1.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 1.4 | 11.0 | N/A | 5.5 | 57.8% |
Top Export Markets for Pepper of the Genus Piper, Neither Crushed Nor Ground from Panama in 2022:
- Costa Rica (1183.0 kg)
- Cuba (731.0 kg)
- Guatemala (158.0 kg)
114
This report provides an in-depth analysis of the piper pepper market in Panama.
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This report provides an in-depth analysis of the global piper pepper market.
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This report provides an in-depth analysis of the piper pepper market in Panama.
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This report provides an in-depth analysis of the spice market in Panama.
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This report provides an in-depth analysis of the global piper pepper market.
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Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
5046
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
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Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1186
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
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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
15165
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%.
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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
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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
1231
India dominates in the global pepper trade. In 2014, India exported X thousand tons of pepper totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total pepper exports in value
998
India dominates in the global pepper trade, significantly strengthening its position in the global export structure from X% in 2007 to X% in 2014. Its primary trading partner in 2014 was the U.S., where it supplied X% of its total pepper expor
