The United States continues to be the largest export market for Vietnamese pepper

Published 2024년 7월 15일

Tridge summary

In the first half of 2024, Vietnam emerged as the world's leading pepper exporter, with a total export volume of 142,586 tons and a value of US$634.2 million, predominantly to the United States. Black pepper made up the lion's share of exports, contributing US$539.9 million, while white pepper brought in US$94.3 million. The export markets for white pepper included Germany, the United States, and the Netherlands, among others. Additionally, Vietnam imported 18,002 tons of peppers, primarily from Brazil, Cambodia, and Indonesia, at a total import value of US$69.6 million. The global pepper market is currently experiencing a price surge due to reduced production caused by the El Nino phenomenon and a decrease in planting areas, coupled with growing demand in major markets like Europe, the United States, and China.

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

Original content

Among them, the export volume of black pepper reached 125,959 tons and the export volume of white pepper reached 16,627 tons. The total export volume reached US$634.2 million, of which black pepper reached US$539.9 million and white pepper reached US$94.3 million. In the first six months of 2024, the United States was Vietnam's largest pepper export market, with an export volume of 37,435 tons, a year-on-year increase of 44.6%, accounting for 26.3% of the market share. It was followed by Germany (9,526 tons), the UAE (8,388 tons), India (8,173 tons), China (7,453 tons) and the Netherlands (6,019 tons). The main export markets for white pepper include Germany (2,454 tons), the United States (2,044 tons), the Netherlands (1,779 tons) ), Thailand (1,732 tons) and China (1,567 tons). In addition, Vietnam also imported 18,002 tons of various peppers, including 16,357 tons of black pepper and 1,645 tons of white pepper, with a total import value of US$69.6 million, an increase of 18.9% ...

Source: Foodmate