The price of a spicy and aromatic Vietnamese nut has increased sharply, and the US is the biggest buyer.

Published 2024년 12월 13일

Tridge summary

In November 2024, Vietnam exported 15,948 tons of pepper, with a total export turnover of 106.5 million USD, marking a decrease of 13.8% and 21.4% from October and the same period in 2023, respectively. The average export price of black and white pepper increased compared to October 2024. From January to November 2024, Vietnam exported 235,335 tons of pepper, with a total export turnover of over 1.217 billion USD, a 46.9% increase from the same period in 2023. The United States is the largest market for Vietnamese pepper. The high export price has also increased pepper export turnover to other markets. Vietnam currently has about 115,000 hectares of pepper growing area, and pepper farmers are increasingly aware of sustainable cultivation measures.

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

Original content

According to information from the Vietnam Pepper and Spice Association, in November, our country exported 15,948 tons of pepper of all kinds. The total export turnover of pepper in the month reached 106.5 million USD, compared to October, the export volume decreased by 13.8% and compared to the same period in 2023 decreased by 21.4%. The average export price of black pepper in November reached 6,513 USD/ton, white pepper reached 8,286 USD/ton, an increase of 229 USD for black pepper and 57 USD for white pepper compared to October 2024. In the first 11 months of 2024, Vietnam exported 235,335 tons of pepper of all kinds, of which black pepper reached 207,498 tons and white pepper reached 27,837 tons. Total export turnover reached more than 1.217 billion USD, of which black pepper reached 1.361 billion USD, white pepper reached 181.5 million USD. Compared to the same period in 2023, the amount of pepper exported decreased by 3.5%, but the export turnover increased by 46.9%. The ...

Source: Danviet