Republic of Korea - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPiper Pepper Price in South Korea - 2022
Contents:
- Piper Pepper Price in South Korea (CIF) - 2022
- Piper Pepper Price in South Korea (FOB) - 2022
- Piper Pepper Imports in South Korea
- Piper Pepper Exports in South Korea
Piper Pepper Price in South Korea (CIF) - 2022
The average piper pepper import price stood at $4,918 per ton in 2022, with an increase of 11% against the previous year. Overall, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 39%. The import price peaked at $9,971 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($6,321 per ton), while the price for Indonesia ($4,627 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-1.9%), while the prices for the other major suppliers experienced a decline.
Piper Pepper Price in South Korea (FOB) - 2022
The average piper pepper export price stood at $11,716 per ton in 2022, standing approx. at the previous year. In general, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 104%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($28,093 per ton), while the average price for exports to the United Arab Emirates ($5,171 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 China (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Piper Pepper Imports in South Korea
In 2022, imports of piper pepper into South Korea rose to 7.2K tons, increasing by 4.5% on the previous year's figure. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 9.4% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, piper pepper imports soared to $35M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.8% 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 +67.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Piper Pepper in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 15.7 | 16.1 | 25.3 | 30.3 | 24.5% |
Malaysia | 2.3 | 1.5 | 2.5 | 2.5 | 2.8% |
Indonesia | 0.6 | 2.9 | 1.1 | 1.4 | 32.6% |
Others | 2.4 | 2.2 | 1.5 | 1.3 | -18.5% |
Total | 21.1 | 22.8 | 30.4 | 35.4 | 18.8% |
Top Suppliers of Piper Pepper to South Korea in 2022:
- Vietnam (6.4K tons)
- Malaysia (0.4K tons)
- Indonesia (0.3K tons)
Piper Pepper Exports in South Korea
Piper pepper exports from South Korea expanded modestly to 92 tons in 2022, picking up by 4.9% on the previous year's figure. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 61% against the previous year. As a result, the exports reached the peak of 115 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, piper pepper exports rose significantly to $1.1M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Piper Pepper in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 124 | 218 | 275 | 350 | 41.3% |
Kazakhstan | 29.0 | 60.6 | 107 | 152 | 73.7% |
Vietnam | 187 | 320 | 147 | 141 | -9.0% |
Australia | 68.6 | 68.6 | 68.8 | 72.5 | 1.9% |
China | 19.6 | 45.1 | 75.5 | 47.8 | 34.6% |
Brazil | N/A | 3.5 | 3.9 | 39.5 | 235.9% |
Taiwan (Chinese) | 21.7 | 17.7 | 70.6 | 35.4 | 17.7% |
Philippines | 39.2 | 29.2 | 24.4 | 33.4 | -5.2% |
Canada | 30.9 | 45.7 | 38.7 | 29.6 | -1.4% |
New Zealand | 16.5 | 15.6 | 14.0 | 21.2 | 8.7% |
Mongolia | 9.3 | 5.7 | 10.5 | 20.4 | 29.9% |
Bangladesh | 0.1 | 0.3 | 5.1 | 20.2 | 486.7% |
United Arab Emirates | 10.7 | 55.6 | 2.6 | 2.9 | -35.3% |
Others | 97.8 | 88.0 | 174 | 106 | 2.7% |
Total | 654 | 973 | 1,018 | 1,072 | 17.9% |
Top Export Markets for Piper Pepper from South Korea in 2022:
- Kazakhstan (23.8 tons)
- Vietnam (23.0 tons)
- United States (12.5 tons)
- Australia (5.4 tons)
- Brazil (5.1 tons)
- Mongolia (3.7 tons)
- Philippines (3.2 tons)
- Canada (2.3 tons)
- China (2.3 tons)
- Taiwan (Chinese) (1.7 tons)
- Bangladesh (1.5 tons)
- New Zealand (1.4 tons)
- United Arab Emirates (0.6 tons)
This report provides an in-depth analysis of the piper pepper market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 687 - Pepper
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the piper pepper market in Republic of Korea.
This report provides an in-depth analysis of the spice market in Republic of Korea.
This report provides an in-depth analysis of the pimenta pepper market in Republic of Korea.
This report provides an in-depth analysis of the global piper pepper market.
This report provides an in-depth analysis of the global spice market.
This report provides an in-depth analysis of the global pimenta pepper market.
This report provides an in-depth analysis of the piper pepper market in Republic of Korea.
This report provides an in-depth analysis of the spice market in Republic of Korea.
This report provides an in-depth analysis of the pimenta pepper market in Republic of Korea.
This report provides an in-depth analysis of the global piper pepper market.
Driven by increasing demand for pepper worldwide, the market is expected to continue an upward consumption trend over the next seven-year period.
Global pepper consumption amounted to X thousand tons in 2015, going down by -X% against the previous year level.
Global pepper imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
The global pepper market showed steady growth, rising from X thousand tons in 2007 to X thousand tons in 2015.
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
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%.
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
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
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
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