Vietnam: Pepper market on December 12; export businesses should expand markets during high-price times

Published 2024년 12월 12일

Tridge summary

In November 2024, Brazil experienced a significant increase in pepper exports, with a 18.8% rise in volume and a 19.6% increase in value compared to the previous month, totaling 4,302 tons worth 28 million USD. The US, Germany, Pakistan, and Vietnam were the top importers. Meanwhile, the US has seen a surge in pepper imports, attributed to cooling inflation, loose monetary policy, and concerns over potential economic policy changes after the election. Meanwhile, Vietnam's pepper exports, including 207,498 tons of black pepper and 27,837 tons of white pepper, reached 235,335 tons, generating nearly 1.22 billion USD, an increase of 46.9% from the same period in 2023.

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

Original content

Daily price list of black pepper and white pepper Note: The above prices are for reference only, the actual price will vary depending on the locality, transportation method, payment method, transaction volume, etc. Readers please contact the nearest pepper trading enterprises and agents for specific advice. Highlights: - In the world market, according to Comexstat, in November 2024, Brazil exported 4,302 tons of pepper, worth 28 million USD, up 18.8% in volume and 19.6% in value compared to October 2024. The US was the largest export market for Brazilian pepper in the month, reaching 850 tons, Germany reaching 464 tons, Pakistan reaching 433 tons, Vietnam ranked 8th with 251 tons. - US pepper imports have increased sharply again after two consecutive years of decline due to cooling inflation and loose monetary policy, leading to a recovery in demand. In addition, importers have also increased their inventories due to concerns about many changes in economic policies after the US ...

Source: Vinanet