The "king" of Vietnamese pepper exports is a foreign enterprise
Other Sweet Pepper
Herbs, Spices & Seasonings
Vietnam
Market & Price Trends
Published Mar 15, 2024
Tridge summary
As of February 2024, Vietnam's pepper exports reached 31,133 tons, generating nearly 125 million USD, marking a decrease from the previous year. The top exporters were Nedspice Vietnam and Olam Vietnam, followed by Vietnamese firms Pearl, Phuc Sinh, and Lien Thanh. Despite the overall decline in pepper exports, Phuc Sinh maintained its leading position in spice exports to the European market, securing a 15% market share by 2023.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Source: nld.com.vn According to the Vietnam Pepper and Spice Association (VPSA), by the end of February 2024, Vietnam had exported 31,133 tons of pepper of all kinds, bringing in a value of nearly 125 million USD. Compared to the same period last year, export volume decreased by 23.7%, turnover decreased by 2.9%. The average export price of black pepper reached 3,840 USD/ton, white pepper reached 5,459 USD/ton, up 13.9% and 8.1% respectively over the same period in 2023. In terms of volume, in the first 2 months of the year, Nedspice Vietnam (Netherlands) was the leading export enterprise, reaching 3,555 tons, an increase of 44% over the same period; followed by Olam Vietnam (India) with 3,229 tons, an increase of 32%. Vietnamese enterprises in the next 3 positions include: Pearl 2,265 tons, down 33.4%; Phuc Sinh: 1,744 tons, down 31.5% and Lien Thanh: 1,491 tons, up 10.4%. List of leading pepper exporting enterprises (source: VPSA) In 2023, two foreign-invested (FDI) enterprises, ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.