Category Archives: Vietnam pepper

Pepper forecast to soon return to billion-dollar industry

Pepper forecast to soon return to billion-dollar industry

The Vietnam Pepper and Spice Association (VPSA) forecasts that Vietnam’s pepper exports this year will reach over 1 billion USD, bringing pepper back into the billion-dollar industry group. Pepper prices are remaining high and are expected to continue to increase as demand in the world market remains high while supply is limited. According to the […]

Pepper forecast to soon return to billion-dollar industry

Pepper forecast to soon return to billion-dollar industry

Pepper prices are remaining high and are expected to continue to increase as global demand remains high while supply is limited. The Vietnam Pepper and Spice Association (VPSA) forecasts that Vietnam’s pepper exports this year will reach over 1 billion USD, bringing pepper back into the billion-dollar industry group. According to the Vietnam Pepper and […]

Pepper forecast to soon return to billion-dollar industry

Pepper forecast to soon return to billion-dollar industry

Vietnam’s pepper exports are forecast to reach over 1 billion USD this year. Photo: Hung Thinh/VNA According to the Vietnam Pepper and Spice Association, as of July 30, Vietnam had exported 164,357 tons of pepper of all kinds; of which black pepper reached 145,330 tons and white pepper reached 19,027 tons. The total export turnover […]

In the first 7 months of 2024, Vietnamese businesses spent more than 80 million USD to import pepper.

In the first 7 months of 2024, Vietnamese businesses spent more than 80 million USD to import pepper.

The item known as “Black Gold” of Vietnam is famous in the world. However, domestic enterprises still have to import large quantities for one reason. According to the latest report of the Vietnam Pepper and Spice Association (VPSA), in the first 7 months of 2024, Vietnam exported nearly 164,400 tons of pepper of all kinds, […]

Coffee, pepper and rice… will be very difficult to enter the EU from 2025, why?

Coffee, pepper and rice… will be very difficult to enter the EU from 2025, why?

Coffee, pepper and many other key agricultural products exported from Vietnam to the European Union (EU) are expected to face many difficulties in 2025 as the region strengthens food safety monitoring measures. Many items including durian, banana, mango, vegetables such as onions, garlic, chili, and even items including rice, tea, coffee and products of animal […]

Ministry of Industry and Trade: Vietnam’s pepper market will benefit in price due to scarce supply

Ministry of Industry and Trade: Vietnam’s pepper market will benefit in price due to scarce supply

The Import-Export Department (Ministry of Industry and Trade) believes that the scarcity of supply can help the Vietnamese pepper market benefit from prices. This can also open up opportunities for Vietnam to increase its market share and further consolidate its position in key markets such as the US, China and Europe. The Department of Export […]

China’s low consumption causes pepper prices to continuously decrease?

China’s low consumption causes pepper prices to continuously decrease?

Pepper prices in the domestic market continue to decrease, currently at 136,000-140,000 VND/kg, quite far from the peak of more than 200,000 VND in early June. Meanwhile, compared to last year, China has sharply reduced the amount of pepper purchased from Vietnam. According to surveys and information from many gardeners and businesses, on August 7, […]

VPSA held a meeting to review the first 6 months of 2024 and plan the work for the last 6 months of 2024

VPSA held a meeting to review the first 6 months of 2024 and plan the work for the last 6 months of 2024

On July 31, 2024, the Vietnam Pepper and Spice Association (VPSA) held a meeting to review the first 6 months of 2024 and deploy the work plan for the last months of 2024. Attending the meeting were Mr. Nguyen Nhu Tiep – Director of the Department of Quality, Processing and Market Development – Ministry of […]

Pepper supply is supplemented as Indonesia enters the season.

Pepper supply is supplemented as Indonesia enters the season.

Domestic pepper prices today unexpectedly dropped below VND140,000/kg. The average purchase price was VND138,400/kg, down by VND4,000 compared to yesterday. IPC has slightly increased the price of Indonesian pepper and sharply reduced the price of Malaysian pepper. > See world pepper prices Highlights: – According to the Vietnam Pepper and Spice Association (VPSA), in July […]

Farmers happy, export businesses worried

Farmers happy, export businesses worried

The Vietnam Pepper and Spice Association (VPSA) said that the average domestic pepper price in July 2024 reached VND 150,000/kg, an increase of 82.9% compared to January and an increase of more than 120% compared to the same period in 2023. However, in the coming days, pepper prices will have unusual fluctuations, accompanied by increased […]