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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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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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Black pepper wholesale | Top Supplier in Vietnam

Black pepper wholesale | Top Supplier in Vietnam

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Vietnam is a country with perfect cultivating conditions for the growth of pepper plants, bringing the best quality in the market. Especially, the price of black pepper wholesale in Vietnam is always considered to be competitive and stable in the region, attracting many processing and trading companies around the world to buy with a large volume of up to 260,000 tons per year. What types of black pepper are of top interest for...

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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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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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Vietnamese pepper market report in the second quarter of 2022

Vietnamese pepper market report in the second quarter of 2022

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Vietnamese pepper exports totaled 123,641 tons in the first 6 months of the year, down 19.7% (30,316 tons) over the same period last year. However, the value of export turnover increased by 12.8% to 560 million USD. Vietnamese pepper production situation The Vietnam Pepper Association (VPA) estimates that Vietnam's pepper output in 2022 will decrease by 10% to 175,000 tons. According to some predicted information, the country has now...

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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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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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