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Italy - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Italy - Piper Pepper - Market Analysis, Forecast, Size, Trends and Insights

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Apr 22, 2023

Italian Piper Pepper Prices Soar to over $6,000 per Ton

Italy Piper Pepper Import Price in January 2023

In January 2023, the piper pepper price stood at $6,164 per ton (CIF, Italy), rising by 147% against the previous month. Overall, import price indicated a mild expansion from January 2022 to January 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, piper pepper import price decreased by -8.4% against June 2022 indices. The import price peaked at $6,731 per ton in June 2022; however, from July 2022 to January 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2023, the country with the highest price was Germany ($7,961 per ton), while the price for Spain ($2,806 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYJan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
Import Price of Piper Pepper in Italy (USD per ton)
Germany18,27610,8898,2419,77810,52413,04610,75319,6484,8378,60513,2945397,961
France6,1086,5006,1626,4116,4216,4985,9346,4336,0916,0196,4567,9667,902
India6,6049,9685,9647,78410,4769,0099,3616,2336,940N/A3,7834,8487,344
SingaporeN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A6,251
Vietnam5,2095,4675,5516,0275,3855,5805,2815,6055,8485,9605,4975,1425,322
Brazil4,351N/A4,0834,2024,3924,9754,9215,070N/A3,655N/A3,9683,757
Spain26,6362,62715,88360,6137,6175,1727,96917,4405,5253,5897,8292,4542,806
Average5,3045,8516,1316,0245,6316,7315,7986,3606,3495,8746,3392,4966,164

Italy Piper Pepper Import Prices by Type

Average prices varied noticeably amongst the major supplied products. In January 2023, the product with the highest price was pepper (of the genus piper), crushed or ground ($7,284 per ton), while the price for pepper of the genus piper, neither crushed nor ground amounted to $5,901 per ton.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by pepper of the genus piper, neither crushed nor ground (+1.1%).

Italy Piper Pepper Imports

After two months of growth, purchases abroad of piper pepper decreased by -52.3% to 412 tons in January 2023. Overall, imports saw a noticeable setback. The most prominent rate of growth was recorded in December 2022 when imports increased by 190% month-to-month. As a result, imports attained the peak of 864 tons, and then dropped significantly in the following month.

In value terms, piper pepper imports surged to $2.5M (IndexBox estimates) in January 2023. Over the period under review, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in July 2022 with an increase of 81% against the previous month.

Italy Piper Pepper Imports by Type

In January 2023, pepper of the genus piper, neither crushed nor ground (334 tons) constituted the largest type of piper pepper supplied to Italy, with a 81% share of total imports. Moreover, pepper of the genus piper, neither crushed nor ground exceeded the figures recorded for the second-largest type, pepper (of the genus piper), crushed or ground (78 tons), fourfold.

From January 2022 to January 2023, the average monthly growth rate of the volume of import of pepper of the genus piper, neither crushed nor ground stood at -6.0%.

In value terms, pepper of the genus piper, neither crushed nor ground ($2M) constituted the largest type of piper pepper supplied to Italy, comprising 78% of total imports. The second position in the ranking was taken by pepper (of the genus piper), crushed or ground ($569K), with a 22% share of total imports.

Italy Piper Pepper Imports by Country

France (122 tons), Vietnam (96 tons) and Brazil (81 tons) were the main suppliers of piper pepper imports to Italy, together accounting for 73% of total imports. Germany, Spain, India and Singapore lagged somewhat behind, together comprising a further 22%.

From January 2022 to January 2023, the biggest increases were in Spain (with a CAGR of +35.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest piper pepper suppliers to Italy were France ($966K), Vietnam ($511K) and Brazil ($304K), together accounting for 70% of total imports. These countries were followed by Germany, India, Singapore and Spain, which together accounted for a further 23%.

Spain, with a CAGR of +12.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the piper pepper market in Italy. 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:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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