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

Contents:

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

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

The average export price for pepper of the genus piper, neither crushed nor ground stood at $6,883 per ton in 2022, shrinking by -2.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 102%. The export price peaked at $10,551 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($10,070 per ton), while the average price for exports to the United Arab Emirates ($6,201 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 Egypt (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $8,156 per ton, with an increase of 32% against the previous year. Overall, the import price recorded pronounced growth. The most prominent rate of growth was recorded in 2021 an increase of 59% against the previous year. The import price peaked at $9,191 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($8,235 per ton), while the price for China ($1,250 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, overseas shipments of pepper of the genus piper, neither crushed nor ground decreased by -36.3% to 11K tons in 2022. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 93% against the previous year. As a result, the exports attained the peak of 17K tons, and then reduced markedly in the following year.

In value terms, exports of pepper of the genus piper, neither crushed nor ground contracted remarkably to $75M in 2022. In general, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 134%. As a result, the exports attained the peak of $120M, and then declined sharply in the following year.

Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India33.742.510967.526.1%
Germany5.94.86.24.0-12.2%
Others4.64.15.23.3-10.5%
Total44.251.412074.719.1%

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

  1. India (10.1K tons)
  2. Germany (0.4K tons)

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

Imports of pepper of the genus piper, neither crushed nor ground into Sri Lanka declined dramatically to 50 tons in 2022, waning by -15.1% against 2021 figures. Over the period under review, imports showed a dramatic slump.

In value terms, imports of pepper of the genus piper, neither crushed nor ground expanded markedly to $408K in 2022. Overall, imports showed a sharp descent.

Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14671.645.940540.5%
France1.01.01.42.840.9%
China2.597.91.6N/A-20.0%
Vietnam775N/AN/AN/A0%
Others3.51623160.4-51.5%
Total928333365408-24.0%

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

  1. India (49.1 tons)
  2. France (0.8 tons)

Source: IndexBox Market Intelligence Platform

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