Australia - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNotable Increase in Piper Pepper Price in Australia: Surges to $6,935 per Ton After Two Consecutive Months
Australia Piper Pepper Import Price in June 2023
In June 2023, the piper pepper price stood at $6,935 per ton (CIF, Australia), rising by 4.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 28% month-to-month. Over the period under review, average import prices hit record highs at $7,629 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was South Africa ($14,481 per ton), while the price for Vietnam ($4,791 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.2%), while the prices for the other major suppliers experienced a decline.
| COUNTRY | Import Price of Piper Pepper in Australia (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | |
| South Africa | 17,244 | 15,769 | 17,347 | 29,738 | 17,417 | 16,077 | 12,705 | 16,663 | 16,418 | 13,067 | 13,946 | 15,183 | 14,481 |
| Thailand | N/A | 8,889 | 13,320 | 9,110 | 8,924 | 9,928 | 9,508 | 8,369 | 8,195 | 8,305 | N/A | 8,363 | 8,456 |
| China | 14,505 | 7,110 | 9,505 | 24,012 | 11,738 | 18,564 | 8,584 | 11,945 | 6,571 | 15,719 | 9,481 | 8,662 | 8,129 |
| India | 7,487 | 6,577 | 5,860 | 7,170 | 5,955 | 7,354 | 6,378 | 7,001 | 5,875 | 5,533 | 4,402 | 6,478 | 6,952 |
| South Korea | 6,578 | 5,854 | 13,559 | 6,615 | 8,318 | 19,692 | 6,098 | 5,825 | 13,126 | 6,395 | 12,668 | 5,587 | 6,761 |
| Vietnam | 6,119 | 5,705 | 5,817 | 3,843 | 5,692 | 5,645 | 5,447 | 5,619 | 5,820 | 4,347 | 4,666 | 5,103 | 4,791 |
| Average | 7,057 | 7,161 | 6,496 | 5,340 | 6,856 | 6,931 | 7,260 | 7,629 | 6,881 | 6,016 | 5,190 | 6,626 | 6,935 |
Australia Piper Pepper Import Prices by Type
Average prices varied somewhat amongst the major supplied products. In June 2023, the product with the highest price was pepper of the genus piper, neither crushed nor ground ($7,764 per ton), while the price for pepper (of the genus piper), crushed or ground stood at $6,200 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by pepper (of the genus piper), crushed or ground (-0.3%).
Australia Piper Pepper Imports
In June 2023, the amount of piper pepper imported into Australia declined markedly to 218 tons, with a decrease of -38.1% against May 2023 figures. In general, imports showed a noticeable descent. The most prominent rate of growth was recorded in March 2023 with an increase of 71% month-to-month.
In value terms, piper pepper imports fell markedly to $1.5M (IndexBox estimates) in June 2023. Over the period under review, imports recorded a perceptible setback. The growth pace was the most rapid in May 2023 with an increase of 77% m-o-m.
Australia Piper Pepper Imports by Type
Pepper (of the genus piper), crushed or ground (115 tons) and pepper of the genus piper, neither crushed nor ground (102 tons) were the main products of piper pepper imports to Australia.
From June 2022 to June 2023, the biggest increases were in pepper of the genus piper, neither crushed nor ground (with a CAGR of -1.0%).
In value terms, pepper of the genus piper, neither crushed nor ground ($794K) and pepper (of the genus piper), crushed or ground ($716K) constituted the most imported types of piper pepper in Australia.
Australia Piper Pepper Imports by Country
In June 2023, Vietnam (121 tons) constituted the largest supplier of piper pepper to Australia, accounting for a 56% share of total imports. Moreover, piper pepper imports from Vietnam exceeded the figures recorded by the second-largest supplier, Thailand (23 tons), fivefold. The third position in this ranking was held by China (17 tons), with a 7.9% share.
From June 2022 to June 2023, the average monthly growth rate of volume from Vietnam amounted to -6.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Thailand (-2.8% per month) and China (-0.2% per month).
In value terms, Vietnam ($582K) constituted the largest supplier of piper pepper to Australia, comprising 39% of total imports. The second position in the ranking was held by South Africa ($237K), with a 16% share of total imports. It was followed by Thailand, with a 13% share.
From June 2022 to June 2023, the average monthly rate of growth in terms of value from Vietnam amounted to -8.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: South Africa (+2.5% per month) and Thailand (-3.2% per month).
This report provides an in-depth analysis of the piper pepper market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
- 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
