Vietnam pepper exports to Turkey increased sharply

Published 2021년 6월 17일

Tridge summary

From 2016 to 2020, Turkey experienced a significant increase in pepper imports, with a average annual growth rate of 25%, reaching 6.53 thousand tons. Vietnam became a key supplier, contributing to 46.33% of Turkey's total pepper imports in Q1 2021. In the first quarter of 2021, there was a sharp increase in import volume and value compared to the previous year, with Vietnam and Brazil being the primary suppliers. Despite the rise in imports from most countries, Turkey saw a decrease in imports from Madagascar, indicating a shift in sourcing preferences.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Import-Export Department, according to statistics from the International Trade Center, Turkey's pepper imports in the 2016-2020 period will grow by an average of 25% per year (by volume), from 4.23 thousand tons in 2016 to 6.53 thousand tons in 2020. In which, Turkey's pepper imports from Vietnam grew at an average rate of 14% per year in the period 2016-2020, from 3.56 thousand tons in 2016 to 3.72 thousand tons in 2020. Turkey's pepper imports in the first quarter of 2021 increased sharply by 64% in volume and 65% in value over the same period in 2020, reaching approximately 2.2 thousand tons, worth $4.4 million. Turkey's average import price of pepper in the first quarter of 2021 reached $2,021 per ton, up 0.8% over the same period in 2020. In which, the import price of Turkish pepper increased from Vietnam, Brazil and Madagascar, but decreased sharply from India. In the first quarter of 2021, Turkey increased its pepper imports from most sources, but decreased ...

Source: Vietnambiz