JUNE 15, 2020
The United Kingdom of Great Britain, commonly known as the United Kingdom (UK) is a sovereign country located off the north-western coast of the European mainland. United Kingdom actively imports pepper from various pepper producing countries for domestic consumption or for re-export.
In 2018, United Kingdom was reported to have imported a total of 12,185 Mt which 34% of it comprised of whole pepper. In the following year, United Kingdom's import of pepper increased by 8%, totaling at 13,121 Mt. The ratio of United Kingdom's import and export during 2018-January 2020 are 14:1, 13:1 and 8:1 respectively. In January 2020, United Kingdom was reported to have imported a total of 1,152 Mt of which 140 Mt went for re-export purposes. The top five countries of origins of United Kingdom pepper both for whole and ground as of January 2020 were reported to be Viet Nam with 563 Mt, Netherlands with 180 Mt, India with 124 Mt, France with 84 Mt and China with 82 Mt.
In 2018, United Kingdom was reported to have exported a total of 847 Mt of pepper which 40% or 338 Mt of it comprised of whole pepper and 60% or 509 Mt of it ground pepper. United Kingdom on average exported a total of 71 Mt per month in 2018 which peaked in August with 118 Mt. The total revenue of United Kingdom's export of pepper in 2018 was reported to be as high as USD 8.9 Million. Thus, recording the average price of the total pepper exported by United Kingdom at USD 10,750 per Mt for whole pepper and USD 10,407 per Mt for ground pepper.
Year 2019 saw an increase in term of quantity of pepper exported by United Kingdom. United Kingdom was reported to have exported a total of 981 Mt of which 47% or 458 Mt of it comprised of whole pepper and 53% or 523 Mt of it ground pepper, recording an increase of 16% when compared with 2018. The average export of pepper by United Kingdom in 2019 was reported to be at 82 Mt per month which peaked in July with 110 Mt. Although increasing in terms of quantity, United Kingdom's revenue from pepper export was reported with a decrease by 11% as compared to the previous year to a total of USD 7.9 Million. Thus, recording an average price of the total pepper exported by United Kingdom at USD 7,247 per Mt for whole pepper and USD 8,924 per Mt for ground pepper or a decrease by 33% and 14% respectively as compared to 2018.
As of January 2020, United Kingdom was reported to have exported a total of 140 Mt which 73% or 102 Mt of it comprised of whole pepper and 27% or 38 Mt of it ground pepper. Thus, recording an increase of 53% when compared to the same period in 2019. As of January 2020, the total revenue of pepper export by United Kingdom was reported to have reached USD 732,000, recording an increase of 8% as compared to the same period in 2019. The average price of the total pepper exported by United Kingdom as of January 2020 was reported at USD 3,803 per Mt for whole pepper and USD 9,052 per Mt for ground pepper.
Pepper from United Kingdom is mostly traded in European countries. As of January 2020, United Kingdom's top 5 Country of destinations for its pepper were reported to be Netherlands with 80 Mt (an increase of 53 Mt as compared to the same period in 2019), Ireland with 14 Mt (a decrease of 35%), Germany with 11 Mt (a decrease of 45%), United States of America with 7 Mt (an increase of 5 Mt) and France with 5 Mt (an increase of 45%). The decrease of export to Germany was the result of Germany directly imported pepper from producing country such as India (an increase of 22% or 16 Mt as compared to the same period in 2019).
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