Market share of Vietnamese pepper in Germany increased

Published 2021년 2월 17일

Tridge summary

In 2020, Germany's pepper imports saw a decrease with a total of 29.6 thousand tons imported, valued at $89.1 million over the first 11 months, marking a 4% drop in volume and a 12.9% decrease in value compared to the previous year. The average import price also decreased by 9.2% to $3,007 per ton. Germany imported less pepper from Brazil but more from Vietnam, and the import price from Cambodia and the Czech Republic increased. The volume of pepper imports from the Czech Republic significantly rose, despite the low quantity. By the first 11 months of 2020, Brazil's pepper made up 42.07% of total German imports, whereas Vietnam's share increased to 38.49% from the same period in 2019.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to statistics from the International Trade Center, Germany's pepper imports in the first eleven months of 2020 reached 29.6 thousand tons, worth $ 89.1 million, down 4% in volume and 12.9% down. in value over the same period in 2019. In the first 11 months of 2020, the average import price of pepper from Germany reached 3,007 USD / ton, down 9.2% over the same period in 2019. In which, the average import price German pepper stocks decreased from most major supply markets, but increased from Cambodia and the Czech Republic. May 11, 2020, Germany reduced imports of pepper from Brazil, but increased imports from Vietnam. Notably, pepper imports from the Czech Republic increased sharply, but the volume of imports was low. In the first 11 months of 2020, German pepper imports from Brazil reached 12.5 thousand tons, worth $ 28.5 million, down 1.9% in volume and 8.9% in value over the same period of the year. 2019. Brazil's share of pepper in total German imports accounted for ...
Source: Vietnambiz

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