Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil - 2024
Contents:
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil (FOB) - 2024
- Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil (CIF) - 2022
- Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil
- Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil (FOB) - 2024
The average export price for pepper of the genus piper, neither crushed nor ground stood at $3,382 per ton in February 2024, with an increase of 4% against the previous month. Over the period from February 2023 to February 2024, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 9.4% against the previous month. Over the period under review, the average export prices reached the peak figure in February 2024.
Average prices varied noticeably for the major overseas markets. In February 2024, the highest price was recorded for prices to the Netherlands ($3,842 per ton) and Germany ($3,824 per ton), while the average price for exports to India ($3,177 per ton) and Vietnam ($3,186 per ton) were amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil (CIF) - 2022
In 2022, the average import price for pepper of the genus piper, neither crushed nor ground amounted to $15,310 per ton, growing by 78% against the previous year. Over the period under review, the import price, however, recorded a deep slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 141% against the previous year. Over the period under review, average import prices hit record highs at $31,771 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Italy ($70,135 per ton), while the price for China ($3,092 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil
After three years of growth, overseas shipments of pepper of the genus piper, neither crushed nor ground decreased by -7.6% to 86K tons in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 5.5%.
In value terms, exports of pepper of the genus piper, neither crushed nor ground contracted to $309M in 2022. Overall, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year. As a result, the exports attained the peak of $310M, leveling off in the following year.
| Export of Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 29.3 | 24.8 | 22.2 | 66.7 | 31.5% |
| United Arab Emirates | 6.5 | 10.0 | 29.8 | 32.9 | 71.7% |
| Germany | 26.7 | 28.1 | 49.1 | 22.9 | -5.0% |
| Egypt | 10.9 | 13.1 | 24.5 | 22.4 | 27.1% |
| Morocco | 12.9 | 14.7 | 15.2 | 21.7 | 18.9% |
| India | 10.0 | 8.5 | 15.3 | 20.8 | 27.7% |
| United States | 18.1 | 25.3 | 34.6 | 18.2 | 0.2% |
| Pakistan | 7.5 | 7.0 | 22.1 | 14.7 | 25.1% |
| Senegal | 2.4 | 3.3 | 8.6 | 13.8 | 79.2% |
| Mexico | 8.2 | 5.3 | 7.9 | 11.3 | 11.3% |
| Netherlands | 5.5 | 5.9 | 13.7 | 8.2 | 14.2% |
| Turkey | 4.7 | 3.2 | 8.3 | 7.6 | 17.4% |
| Argentina | 3.8 | 4.0 | 6.6 | 7.4 | 24.9% |
| Others | 35.6 | 34.0 | 52.5 | 40.1 | 4.0% |
| Total | 182 | 187 | 310 | 309 | 19.3% |
Top Export Markets for Pepper of the Genus Piper, Neither Crushed Nor Ground from Brazil in 2022:
- Vietnam (19.8K tons)
- United Arab Emirates (9.5K tons)
- Egypt (6.7K tons)
- Morocco (5.7K tons)
- Germany (5.7K tons)
- India (5.6K tons)
- Pakistan (4.5K tons)
- United States (4.4K tons)
- Senegal (4.1K tons)
- Mexico (3.4K tons)
- Turkey (2.3K tons)
- Netherlands (2.1K tons)
- Argentina (1.6K tons)
Imports of Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil
In 2022, imports of pepper of the genus piper, neither crushed nor ground into Brazil declined dramatically to 23 tons, with a decrease of -59.7% against 2021. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 285%. As a result, imports reached the peak of 58 tons, and then declined markedly in the following year.
In value terms, imports of pepper of the genus piper, neither crushed nor ground reduced rapidly to $358K in 2022. Overall, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 85%. As a result, imports attained the peak of $499K, and then declined notably in the following year.
| Import of Pepper of the Genus Piper, Neither Crushed Nor Ground in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 46.9 | 33.1 | 22.6 | 156 | 49.3% |
| Mexico | N/A | N/A | 22.1 | 81.9 | 270.6% |
| Vietnam | 98.3 | 58.1 | 102 | 70.3 | -10.6% |
| South Africa | 50.6 | 15.4 | 13.0 | 19.9 | -26.7% |
| China | 78.5 | 7.7 | 10.5 | 17.0 | -39.9% |
| Austria | 69.4 | 22.2 | 30.0 | 5.5 | -57.0% |
| United Arab Emirates | N/A | 102 | 273 | N/A | 167.6% |
| Others | 45.9 | 31.4 | 25.9 | 7.3 | -45.8% |
| Total | 390 | 270 | 499 | 358 | -2.8% |
Top Suppliers of Pepper of the Genus Piper, Neither Crushed Nor Ground to Brazil in 2022:
- Mexico (12.0 tons)
- China (5.5 tons)
- Spain (2.4 tons)
- Vietnam (2.2 tons)
- South Africa (0.9 tons)
- Austria (0.2 tons)
1071
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This report provides an in-depth analysis of the piper pepper market in Brazil.
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