IPC REPORTS - EXPORT OF PEPPER BY SPAIN

Spain, officially the Kingdom of Spain, is located in Europe with its continental European territory is situated on the Iberian Peninsula. Its territory also includes two archipelagoes: the Canary Islands off the coast of Africa, and the Balearic Islands in the Mediterranean Sea make Spain the only European country to have a physical border with an African country (Morocco). Furthermore, Spain actively imports pepper from various pepper producing countries for domestic consumption or for re-export.
In 2018, Spain was reported to have imported a total of 5,280 Mt which 90% of it comprised of whole pepper. In the following year, Spain import of pepper increased by 10%, totaling at 5,789 Mt. The ratio of Spain's import and export during 2018-January 2019 are 2:1 respectively. As of January 2020, Spain was reported to have imported a total of 553 Mt of which 226 Mt went for re-export purposes. The top five countries of origins of Spain pepper both for whole and ground for January 2020 were reported to be Viet Nam with 220 Mt, Brazil with 149 Mt, Ecuador with 49 Mt, Belgium with 31 Mt and India with 29 Mt.
In 2018, Spain was reported to have exported a total of 3,267 Mt of pepper from which 34% or 1,112 Mt of it comprised of whole pepper and 66% or 2,155 Mt of it ground pepper. Spain on average exported a total of 272 Mt per month in 2018 which peaked in May with 432 Mt. The total revenue of Spain's export of pepper in 2018 was reported to be as high as USD 14.6 Million. Thus, recording an average price of the total pepper exported by Spain at USD 4,419 per Mt for whole pepper and USD 4,516 per Mt for ground pepper.
Year 2019 saw a decrease in term of quantity of pepper exported by Spain. Spain was reported to have exported a total of 2,991 Mt of which 29% or 877 Mt of it comprised of whole pepper and 71% or 2,115 Mt of it ground pepper, recording a decrease of 8% when compared with 2018. The average export of pepper by Spain in 2019 was reported to be at 249 Mt per month which peaked in March with 379 Mt. In accordance with decreasing in terms of quantity, Spain's revenue from pepper export was also reported with a decreased by 23% as compared to the previous year to a total of USD 11.2 Million. Thus, recording an average price of the total pepper exported by Spain at USD 4,095 per Mt for whole pepper and USD 3,637 per Mt for ground pepper or a decrease by 7% and 19% respectively as compared to 2018.
As of January 2020, Spain was reported to have exported a total of 226 Mt which 24% or 55 Mt of it comprised of whole pepper and 76% or 171 Mt of it ground pepper. Thus, recording a decrease of 13% when compared to the same period in 2019. As of January 2020, the total revenue of pepper export by Spain was reported to have reached USD 764,000, recording a decrease by 20% as compared to the same period in 2019. The average price of the total pepper exported by Spain as of January 2020 was reported at USD 4,690 per Mt for whole pepper and USD 2,959 per Mt for ground pepper.
Pepper from Spain is widely traded in Europe, Africa and America. As of January 2020, Spain's top 5 Country of destinations for its pepper were reported to be Italy with 54 Mt (an increase of 122% as compared to the same period in 2019), France with 43 Mt (an increase of 71%), Portugal with 38 Mt (an increase of 259%), Egypt with 25 Mt (2019 N.A.) and United Kingdom with 10 Mt (an increase of 283%). 

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