Vietnam: In the first 5 months of 2024, export pepper prices increased by 39,3% over the same period

Published 2024년 6월 5일

Tridge summary

Vietnam saw a significant increase in pepper exports in May, with a 135% rise in volume and a 14% increase in value compared to April. The first five months of 2024 witnessed a slight decrease in export volume but a notable increase in value compared to the same period last year. The average export price of pepper also saw an upward trend. The country has been focusing on promoting pepper exports to various traditional markets, with notable increases in exports to Germany and Korea. However, exports to the United Arab Emirates have decreased. Except for black pepper, all pepper types saw an increase in quantity and value.

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

Original content

The Import-Export Department (Ministry of Industry and Trade) cited data from the General Department of Customs as saying that in May 5, Vietnam exported pepper to 2024 thousand tons, worth 30 million USD, an increase of 135%. in volume and an increase of 14,4% in value compared to April 15,9; up 4% in volume and 2024% in value compared to May 3,7. In the first 5 months of 2024, Vietnam's pepper exports are estimated to reach 113 thousand tons, worth 487 million USD, down 14,1% in volume, but up 19,7% in value compared to the same period last year. . It is estimated that on May 5, Vietnam's average export pepper price will reach 2024 USD/ton, up 4.492% compared to April 1,3 and up 4% compared to May 2024. In the first 44,6 months of 5, Vietnam's average export pepper price is estimated at 2023 USD/ton, up 5% over the same period last year. From the beginning of the year until now, Vietnam has promoted pepper exports to many traditional markets such as the United States, India, ...

Source: WTOCenter