Vietnam exports more than 211,500 tons of pepper

Published 2022년 12월 13일

Tridge summary

In November 2022, Vietnam's pepper exports saw an 8% decrease in volume and a 9.7% decrease in turnover, totaling 16,425 tons and 61 million USD respectively. The US and China remained the largest markets, importing 3,339 tons and 2,613 tons respectively, but imports from these markets also declined. From January to November 2022, Vietnam's pepper exports totaled 211,507 tons, with a slight increase in turnover despite a 14.9% decrease in volume. The International Pepper Association predicts a growth in the global black pepper market, driven by the processed food industry, despite challenges such as reduced demand and high USD pegging.

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

Original content

According to the Vietnam Pepper Association (VPA), in November 2022, Vietnam exported 16,425 tons of pepper of all kinds, of which black pepper reached 14,692 tons, white pepper reached 1,733 tons. Total export turnover reached 61 million USD, black pepper reached 51.8 million USD, white pepper reached 9.2 million USD. Compared to the previous month, export volume decreased by 8%, turnover decreased by 9.7%. Olam, Pearl and Nedspice were the top 3 exporters in the month with exports of 2,308 tons, 1,116 tons and 1,090 tons, respectively. The US and China continue to be the two main export markets of Vietnam, in which the US imports reached 3,339 tons, down 17.8% and China's reached 2,613 tons, down 31.9% compared to October last year. 2022. In the first 11 months of 2022, Vietnam exported 211,507 tons of pepper, of which black pepper reached 183,708, white pepper reached 27,799 tons. Total export turnover reached 911.1 million USD, black pepper reached 748.6 million USD, white ...

Source: tieudung