Export of pepper is increasingly solid

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Despite being affected by unfavorable weather, our country’s pepper production in 2010 decreased insignificantly. While the world pepper market supply is lower than demand, pepper prices increase steadily, promising another positive year for Vietnam’s pepper exports.

According to the Ministry of Agriculture and Rural Development, in March 2010, our country exported 9 thousand tons of pepper, with a turnover of 23 million USD. The export volume of pepper in the first quarter of 2010 reached 23,000 tons, with a turnover of nearly 66 million USD, down 14.55% in volume compared to the same period last year, but increasing by 1.54% in turnover. The average export price of pepper since the beginning of the year has reached 3,111 USD/ton, up 22.1% over the same period last year.

The three largest consumption markets of Vietnam have strong growth: the German market has tripled; India doubled; The US increased by 39.82%. Vietnam’s pepper exports in 2009 were estimated at 128,000 tons, with a turnover of 328 million USD, reaching a record high ever.

From 2001 up to now, Vietnam has always maintained its leading position in the world in pepper production and export. Vietnam’s pepper harvest has gradually entered a stable position, with little increase or decrease in output in recent years: in 2007 it reached 91,000 tons; 2008 reached 98,500 tons; 2009 reached 105,600 tons.

In the South Central region, at the end of September and the beginning of November 2009, due to the continuous suffering of two big storms, thousands of hectares of pepper were flooded and died, so the pepper output of the provinces in this area decreased. significantly decreased during the early 2010 harvest.

The World Pepper Committee (IPC) forecasts that Vietnam’s pepper output will be about 90,000 tons in 2010. However, the Vietnam Pepper Association is still optimistic, giving a forecast of Vietnam’s pepper supply. this year will reach more than 100,000 tons.

The effects of natural disasters and extreme weather not only reduce yields, but also delay harvest time. Normally, the pepper harvest in our country starts in January, but this year it will not be until mid-February to have a new pepper crop to sell to the market. This is the reason why although the selling price and consumption demand increased, the export of pepper in the first quarter decreased by 14.55% in volume.

Although it has been quite stable in terms of area and output, pepper experts from the Ministry of Agriculture and Rural Development still think that Vietnam’s pepper industry still has some problems to overcome. That is, pepper production is still in the direction of small, not large-scale, the search and development of consumption markets lacks the initiative, thus leading to unstable prices.

Vietnam has only built the Chu Se pepper brand but has not yet built the pepper brand of other localities, so only Chu Se pepper can be sold at a high price, while pepper in other localities is always high. purchased at a lower price.

In order for the pepper industry to develop sustainably and bring into full play its great potential, the Ministry has set a goal to keep the pepper area stable at 50,000 hectares, with an output of 100,000 tons/year. At the same time, to constantly improve the quality of pepper, localities must guide growers to implement the process of high quality standards to create clean and safe products, making the value of goods more and more expensive. increase.

The role of market information for the pepper industry is also increasingly focused, so that farmers and businesses can take the initiative in production and business, strengthen trade promotion, trade and international cooperation, and grasp the current situation. market fluctuations to make forecasts and recommendations to farmers and businesses.

According to the IMF’s forecast, the world economy in 2010 will gradually come out of the crisis and the growth rate can reach 2.5-3%. This will make the world’s pepper import picture brighter. From the perspective of supply and demand, the global pepper market is likely to face a situation of shortage of supply. Therefore, pepper prices in 2010 will recover at a faster rate than in 2009 and stay at a high level. The recovery of export prices of pepper inevitably has an impact on pepper prices in the domestic market of Vietnam.

On the other hand, the high price of Indian pepper also makes the US and European countries look to pepper from countries with cheaper export prices, including Vietnam, which will also contribute to the rapid recovery of Vietnamese pepper prices. than. After months of price decline at the end of 2009, the domestic pepper price has increased rapidly again, currently ranging from 40,000-49,000 VND/kg, nearly double that of the beginning of 2009.


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