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Global Pepper Prices and Market Report In May 2022

Global Pepper Prices and Market Report In May 2022

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Analysts estimate that from the beginning of 2022 until the present, the global demand for pepper decreased by 40,000–50,000 tons due to the prolonged crisis in Ukraine, China's Zero COVID policy, and rising inflation. Meanwhile, many countries have reached peak harvest, while China's sluggish demand has put downward pressure on the pepper prices. 1. Production Currently, the crop in Vietnam, India, and Cambodia have ended, but...

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Cashew exports will face greater challenges as inflation escalates in the second half of 2022

Cashew exports will face greater challenges as inflation escalates in the second half of 2022

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According to the Import and Export Department (Ministry of Industry and Trade), Vietnamese cashew exports fell by 21% in volume and 23% in value in June compared to the same month in 2021, reaching 46.5 thousand tons for a total value of 285 million USD.  In the first half of the year, Vietnam exported 249 thousand tons of cashews with a value of 1.5 billion USD, a 9% reduction in both volume and value from the same period in 2021....

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Pepper prices and market in April 2022

Pepper prices and market in April 2022

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Vietnam's pepper harvest has basically ended with output decreasing by about 10% compared to 2021. However, pepper prices from the beginning of the year until now have tended to decrease due to coincide with Vietnam's peak harvest season and some other producing countries, so the supply is quite abundant, while exports to China face difficulties due to the border closure. Pepper prices until mid-May 2022 After falling from 1,000 to...

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Sybil Agri attends Gulfood 2022 trade show

Sybil Agri attends Gulfood 2022 trade show

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On February 13, 2022, the world's largest fair for food and beverage exhibition - Gulfood 2022 took place at Dubai World Trade Center in Dubai, UAE. At this fair, the Sybil Agri brand has attracted a lot of interest from customers for the agricultural products that we are currently producing and supplying. General introduction of Gulfood 2022 Gulfood 2022 is the world's largest food and beverage exhibition, held in February every...

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SYBIL AGRI ATTENDED VIETNAM-UAE TRADE CONFERENCE AS PART OF THE WORLD EXPO 2020 DUBAI

SYBIL AGRI ATTENDED VIETNAM-UAE TRADE CONFERENCE AS PART OF THE WORLD EXPO 2020 DUBAI

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Recently, Sybil Agri accompanied by the Vietnamese delegation completed a trade cooperation conference between Vietnam and the UAE in Dubai. In particular, businesses had the opportunity to meet and exchange with representatives from 191 countries at The World Expo 2020, and admire the special performances on Vietnam National Day 30/12/2021.  Sybil Agri at Vietnam - UAE trade conference On December 26th, Sybil Agri and the Vietnamese...

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Sybil Agri and the Vietnamese delegation had a visit and exchange with the Vietnamese ambassador in the UAE.

Sybil Agri and the Vietnamese delegation had a visit and exchange with the Vietnamese ambassador in the UAE.

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On December 27, 2021, within the framework of the trade promotion programme between Vietnam and the UAE, Sybil Agri and the Vietnamese delegation had a visit and working in the Embassy of Vietnam in the UAE. Through meetings and discussions with the Vietnamese delegation, Mr. Nguyen Manh Tuan - Ambassador Extraordinary and Plenipotentiary of Embassy of the Socialist Republic of Vietnam, has shared useful and practical information for...

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Pepper prices have not risen although output decreased by 10%

Pepper prices have not risen although output decreased by 10%

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According to information from the Vietnam Pepper Association (VPA), pepper prices in the first quarter decreased due to the pepper harvest in Vietnam as well as other producing countries at its peak, while exports to China decreased by 81% due to border closures. Output decreased by 10% VPA's first quarter report showed that Vietnam's pepper harvest has basically ended with production down about 10% compared to 2021. In Dak Nong...

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Global coffee market report in January, 2022

Global coffee market report in January, 2022

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After a sharp increase in 2021, global coffee prices of robusta tend to decrease in January 2022. In contrast, arabica prices rose after reports of rainfall in Southern Brazil's main coffee growing region below average. Global coffee production situation In its January report, the International Coffee Organization (ICO) revised its estimate of total world coffee production in the 2020-2021 season to decrease slightly to 168.9 million...

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Vietnam Coffee Market Report

Vietnam Coffee Market Report

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According to the Vietnam Coffee - Cocoa Association (VICOFA), production would decline in the 2021-2022 crop year compared to the 2020-2021 crop year. Besides, many experts believe that domestic coffee prices will be influenced in the short term as tensions between Russia and Ukraine escalate, as well as global trade risks.  1. Vietnam coffee production Coffee output reached 1.62 million tons in the crop year 2020-2021, providing one...

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