Chili is a fruit that is frequently utilized in cuisine all over the world. Moreover, Chili is high in vitamin C, calcium, phosphorus, iron, and B vitamins, all of which are essential nutrients for human health.
In addition, chili also contains Capsaicin, a compound that assists in pain relief, digestion, and a variety of other medical uses.
Cinnamon is a spice that has a lot of medicinal and culinary use. It is said to be a mildly peppery herb with a hint of sweetness. Cinnamon has hyperthermia, thus it is rather hot when consumed. It is utilized for healing, spice processing, anti-inflammatory properties, and beauty.
In Oriental medicine, the bark of the stems and branches of cinnamon are commonly used to produce remedies for fever, stomach cold, diarrhea, hypoglycemia, and heart health. Because of its scent and heat, this therapeutic ingredient is also powdered and used to soak alcohol.
Cinnamon is currently one of the raw materials accounting for a significant proportion of Vietnam’s exports. Some countries, such as India, Pakistan, and Egypt, are particularly fond of this spice.
Ginger is well-known for its therapeutic benefits as well as as a culinary spice. Ginger plants thrive best in good humus soil and prefer hot, humid, shaded circumstances. Because it requires a considerable number of nutrients, several places in Vietnam are ideal for producing this plant due to appropriate soil and climatic conditions.
Ginger offers a lot of health benefits and is effective in treating a variety of ailments. It is also the medicine that is used as a raw material for natural remedies from cancer to colds. In Vietnam, ginger is exported in the form of frozen fresh ginger and dried ginger with high export value, successfully conquering the strict market in Europe for years.
Star Anise in Vietnam
In Vietnam, star anise was grown more than 100 years ago and it is presently grown mainly in the northern provinces, with an area of about 50,000 ha, concentrated in the provinces of Lang Son, Quang Ninh, and Cao Bang.
According to statistics of the World Spices Association, Vietnam is the world’s second-largest producer of spices, after only China.
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On February 05, Vietnamese pepper price fluctuates between 56,000 - 59,000 VND/kg in the domestic market. The pepper market had a slight fluctuation last week, and the main provinces experienced increases of 500 to 1,000 VND/kg compared to the beginning of the week. Update domestic pepper prices According to VPA, With the exception of Thursday (Feb 2) and Friday (Feb 3),...
The domestic pepper market still has not had a positive signal as the price of pepper continued to move sideways and did not see many positive changes, stabilizing in the range of 55,500 - 58,000 VND/kg in key provinces in the country. Although it is difficult to forecast, pepper prices are expected to recover by the end of 2023. Domestic pepper prices are below the global...
For global coffee market, consumption is expected to rise by 3.3% to 170.3 million bags (60 kg/bag) in the 2022-2023 harvest, rising from 164.9 million bags in the 2020-2021 crop. Thus, consumption is predicted to exceed supply by 3.1 million bags. Production report of the coffee market in November 2022 The International Coffee Organization (ICO) anticipates global coffee...