As a result, Ms. Hoang Thi Lien, former Executive Director of the International Pepper Association (IPC) was elected as the President of VPA, term VII. Ms. Hoang Thi Lien is the first Vietnamese to hold the role of Executive Director of the International Pepper Association (IPC) for 3 years, starting from January 15, 2017.
VPA has been a member of IPC since 2005 and Vietnamese pepper is increasing its market share in international pepper trade. In 2020, Vietnam’s pepper export output ranks first in the world, accounting for more than 50%, although the planted area is less than India’s.
Ms. Hoang Thi Lien, new President of VPA
Speaking at the meeting, Ms. Hoang Thi Lien said that Vietnam plays an important role in regulating the world pepper market. Therefore, it is very important to organize production based on the balance of supply and demand. In the new term, VPA will focus on closely coordinating with the agricultural industry, promoting cooperation and association with sustainable pepper farmers to control the production process from cultivation to harvest. , handling, processing, preserving…
According to VPA’s report, in 2021, although pepper prices tend to increase, input factors and freight rates increase sharply in two main markets, the US and Europe, making the industry more difficult in the coming years. follow.
Pepper intercropped with coffee, a model to help farmers increase income
As of 11 months of 2021, Vietnam has exported nearly 246,000 tons of pepper, worth $867.2 million, down 7% in output but up 43.8% in value over the same period last year. It is expected that in 2021, Vietnam will export 260,000 tons of pepper, with a turnover of 950 million USD.
Forecasting the pepper price trend in the near future, Mr. Do Ha Nam, former President of VPA, said that the pepper price in 2022 will be about VND 100,000 from VND 80,000 this year. “Although it is difficult for pepper to return to its golden age in 2016 at 200,000 VND/kg because other countries are also preparing to increase supply, it is expected that it can reach 150,000 VND/kg. As long as Vietnam does not sell, the price of pepper will increase. I know there are farmers who can store pepper for 3 years, not need to sell it immediately after harvesting like many other agricultural products, which is a factor for pepper prices to increase “- Mr. Nam analyzed.
