Vietnam accounts for more than half of the pepper market share in the U.S.

Published 2021년 3월 15일

Tridge summary

In 2020, US pepper imports reached 86.5 thousand tons, valued at $249.72 million, showing a slight increase in volume but a decrease in value compared to the previous year. The average import price per ton of US pepper fell by 6.8% to $2,885. The US saw a decrease in import prices from most of its main supply markets, but there was a significant increase from Ecuador and South Africa. The US increased pepper imports from Vietnam, Brazil, and Indonesia, but sharply reduced imports from India, Ecuador, and China. Vietnam remained the largest supplier of pepper to the US, accounting for 66.7% of total imports.

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

Original content

The Import and Export Department said that according to statistics from the US International Trade Commission, the country's pepper imports in 2020 reached 86.5 thousand tons, worth $ 249.72 million, up 2.6% in volume. but decreased 4.3% in value compared to 2019. In 2020, the average import price of US pepper reached 2,885 USD / ton, down 6.8% compared to 2019. In which, the import price On average, US pepper decreased in many main supply markets, but increased sharply from Ecuador and South Africa, increasing by 39.7% and 27.5% respectively. In 2020, the US will increase imports of pepper in many main supply markets, such as Vietnam, Brazil, and Indonesia, but sharply reduce imports from India, Ecuador, and China. Specifically, US pepper imports from Vietnam in 2020 reached 57.7 thousand tons, worth $ 157.93 million, up 2.5% in volume, but down 3.2% in value over the year. 2019. Vietnam's pepper market share in the ...

Source: Vietnambiz