Wednesday, July 31, 2019

BLACK PEPPER - USA IS ALSO EXPORTER



United States of America is one of the countries that import quite a lot of pepper from various pepper producing countries whether for its domestic consumption or for re-export to other countries.
In 2017, United States of America was reported to have exported a total of 12,938 Mt of pepper which 43% or 5,517 Mt of it comprised of whole pepper and 57% or 7,421 Mt of it ground pepper.

United States of America on average exported a total of 1,078 Mt per month in 2017. The total revenue of United States pepper export in 2017 was reported to be as high as USD 57.1 Million, thus, recording an average price of the total pepper exported by United States of America at USD 3,118 per Mt for whole pepper and USD 5,370 per Mt for ground pepper.

Year 2018 saw a decreasing trend in terms of quantity of pepper exported by United States of America.
United States of America was reported to have recorded a total of 9,290 Mt which comprised of 4,640 Mt of whole pepper and 4,650 Mt of ground pepper. Thus, recording 28% decrease as compared to the same period in 2017.
The average export of pepper by United States of America was reported to be at 774 Mt per month. In accordance with decreasing in terms of quantity, United States of America’s revenue from pepper export was reported to have declined by 22% to a total of USD 44.4 Million which recorded an average price of the total pepper exported by United States of America at USD 3,124 per Mt for whole pepper and USD 6,435 per Mt for ground pepper or stable for whole pepper and increased by 20% for ground pepper as compared with 2017.

As of April 2019, United States of America was reported to have exported a total of 2,652 Mt which comprised of 1,205 Mt of whole pepper and 1,447 Mt of ground pepper. Thus, recording a decrease of 21% as compared to the same period in 2018. By the end of April 2019, the total revenue of pepper export by United States of America was reported to have reached USD 13.7 Million, recording a loss of 13% when compared to the same period in 2018. The average price of the total pepper export by United States of America as of April was reported at USD 3,067 per Mt for whole pepper and USD 6,899 per Mt for ground pepper.

Until the end of April 2019, United States of America was reported to have imported a total of 28,688 Mt of pepper which 2,652 Mt of it went for re-export purposes.

By the end of April 2019, United States of America was reported to have imported pepper from various countries such as Viet Nam with 17,227 Mt, Brazil with 5,170 Mt, India with 2,224 Mt, Indonesia with 1,978 Mt and Germany with 711 Mt .
Furthermore, as of April 2019, United States of America’s top 5 country destinations for its pepper were reported to be Canada with 1,424 Mt (a decrease of 19% as compared with the same period in 2018), Mexico with 233 Mt (a decrease of 27%), United Kingdom with 113 Mt (a decrease of 37%), Japan with 104 Mt (an increase of 10%) and Taiwan with 82 Mt (a decrease of 16%).
The decrease of export to United Kingdom was the result of United Kingdom directly imported pepper from pepper producing country such as Viet Nam (an increase by 411 Mt as compared to the same period in 2018). United Kingdom’s preference towards importing from Viet Nam origins as opposed to United States of America could be contributed to the fact that Viet Nam offer more competitive price.

IPC - International Pepper Comunity



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