The export volume of pepper in the month decreased slightly compared to the previous month, but the value increased sharply compared to the same period last year.
Read more : >> Vietnam: pepper exports in January 2022 increased in both quantity and price.
>> Pepper price can reach 100,000 VND/kg?
In the 2022 crop, many gardeners lack the effort to pick pepper.
According to the preliminary data report of the General Department of Vietnam Customs, pepper exports in February 2022 reached 14,507 tons, down 1,277 tons, or 8.09% lower than the previous month, but increased by 1,079 tons, ie an increase. 8.04% over the same period last year.
The export turnover in the month reached 65.97 million USD, down 8.21 million USD, or 11.07% lower than the previous month and up 27.04 million USD, ie 69.49% higher than the same period last year. last year.
The cumulative export volume of pepper in the first 2 months of 2022 reached a total of 30,158 tons of pepper of all kinds, down 133 tons, or 0.44% lower than the export volume of the first 2 months of 2021.
In terms of export turnover in the first two months of 2022, it reached a total of 139.66 million USD, an increase of 52.11 million USD, or 59.51% increase over the same period.
The average export price of pepper in February 2022 reached US$4,548/ton, down 3.23% compared to the average export price of January 2022.
*According to observers, the decrease in pepper export volume and price in February 2022 is something that international traders have speculated, not only because February has few days but also has more Lunar New Year holidays. rather long schedule. Besides, having entered the harvest of a new crop in Vietnam, importers want to wait for abundant supply and subdued prices. It is expected that they will start increasing their purchases from April onwards, when Vietnam enters the final stage of harvest.
*According to market sources, Vietnam’s pepper production in the 2022 crop is estimated at 160,000 – 170,000 tons, down more than 10% compared to last year’s crop. The reason for the decline was attributed to unfavorable weather at the beginning of the crop. Especially in many key growing areas last year, there was early rain, so the plants did not have enough time to differentiate flower buds.
According to Anh Van (giacaphe.vn)
