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Latest update on pepper prices 2023 in Vietnam market

Latest update on pepper prices 2023 in Vietnam market

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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 market price According to the Import and Export Department...

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Vietnamese pepper report in November, 2022 | Pepper price down 25% over 11 months

Vietnamese pepper report in November, 2022 | Pepper price down 25% over 11 months

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In November 2022, Vietnamese pepper exported 16,425 tons, including 14,692 tons of black pepper and 1,733 tons of white pepper. Total export turnover reached 61 million USD, black pepper reached 51.8 million USD, white pepper reached 9.2 million USD. Pepper prices in November adjusted down, but the VND exchange rate was increasing strongly, causing pepper prices to rise again. Vietnamese pepper export situation in November, 2022...

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Global pepper market and prices | Quarter III, 2022

Global pepper market and prices | Quarter III, 2022

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The downward trend in global pepper prices took place on a large scale in the first 9 months of this year due to the demand affected by China's Zero COVID policy, the Russia-Ukraine conflict leading to high inflation in many countries and the loss of the currency of the importing country against the USD. Global pepper production situation According to published information from major exporting companies in Brazil, Brazil's pepper...

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VIETNAMESE PEPPER MARKET REPORT | Quarter III, 2022

VIETNAMESE PEPPER MARKET REPORT | Quarter III, 2022

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As of the end of September, Vietnamese pepper price has decreased by 20-24% compared to the beginning of this year, to 63,500-66,000 VND/kg, the lowest level since March last year. High inflation pressure in other countries, weak demand due to China's Zero COVID policy are the main reasons why pepper prices have plummeted in recent times. Vietnamese pepper supply situation in Quarter III, 2022 Currently, pepper growers in Ba Ria -...

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Pepper exports forecast in 2023 | Black pepper price downtrend?

Pepper exports forecast in 2023 | Black pepper price downtrend?

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Pepper exports of Vietnam and the main supplying countries are forecasted to face many difficulties in the last months of the year and may last until the first quarter of 2023. Diversifying export markets is considered one of the key positive solutions to reduce pressure on the whole industry when inflation is becoming a big concern of many countries around the world. Pepper exports output decreased while price increased According to...

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Vietnamese pepper market report in August, 2022

Vietnamese pepper market report in August, 2022

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In August, pepper exports in Vietnam improved compared to the same period last year, but export and domestic prices continued to decline. The Vietnamese pepper market is not expected to prosper again in the short term. Vietnamese pepper production in August, 2022 According to the Vietnam Pepper Association (VPA), Vietnam's pepper supply in 2022 is estimated at 280,000 - 290,000 tons (including output of 175,000 tons; imports of 40,000...

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Pepper market report in global | August, 2022

Pepper market report in global | August, 2022

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Global pepper market in the first eight months of the year recorded a decline in trading in most of the major suppliers. The world pepper market is still under downward pressure as global demand has not improved, while competition is increasing due to Brazil lowering prices to liquidate old crops. Global pepper production situation in August, 2022 According to the International Pepper Community (IPC), the total global supply of pepper...

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Vietnamese pepper market in July, 2022

Vietnamese pepper market in July, 2022

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In July, Vietnamese pepper exports continued to decline while imports increased sharply. Domestic pepper prices also fluctuate up and down erratically because demand from large consuming markets has not shown signs of recovery. Vietnamese pepper supply in July, 2022 At a recent meeting of the Vietnam Pepper Association (VPA), Mr. Nguyen Tan Hien - Vice Chairman of VPA, said that despite of the rainy weather, the crop situation was...

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Pepper market report in global in July 2022

Pepper market report in global in July 2022

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In July and the first half of August, the trend of world pepper prices continues to go down, global pepper trade tends to slow down. The International Pepper Community (IPC) believes that the pepper market continues to be in a "bearish zone" in the third quarter of this year. Pepper market - production situation in July, 2022 Based on Sybil Agri's pepper report, the crop in the Brazilian state of Pará is expected to be harvested in...

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