Tridge summary
In the first nine months of 2020, US pepper imports reached 64.7 thousand tons, with a value of $ 183.4 million, marking a slight increase in volume but a 9% decrease in value compared to the same period in 2019. The average import price of pepper dropped by 9.1% to $2,835 per ton. While the US reduced pepper imports from many countries, including Vietnam, it increased imports from Brazil and Indonesia. Vietnam's share of the US pepper market fell from 68% to 65.6%, and the share from Brazil rose from 12.1% to 18.7%.
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, US pepper imports in the first nine months of 2020 reached 64.7 thousand tons, worth $ 183.4 million, up 0.1%, according to the Department of Import and Export. in volume, but down 9% in value over the same period in 2019. The average import price of pepper to the US in the first 9 months of 2020 reached 2,835 USD / ton, a decrease of 9.1% over the same period in 2019. In particular, the average import price of US pepper decreased from many major sources, but increased from Ecuador, South Africa and Mexico. In the first 9 months of 2020, the US increased the import of pepper from some markets, such as Brazil and Indonesia, but decreased imports from many other markets, including Vietnam. Specifically, US pepper imports from Vietnam in the first 9 months of 2020 decreased 3% in volume and 9.3% in value over the same period in 2019, reaching 42.4 thousand tons, worth 115.5 million dollars. Vietnam's share of pepper in ...
Source: Vietnambiz
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