In the first 5 months of 2024, Vietnam’s average export pepper price is estimated to reach 4,308 USD/ton, up 39.3% over the same period last year.
In the first 5 months of 2024, export pepper prices increased by 39.3% over the same period
The Import-Export Department (Ministry of Industry and Trade) cited data from the General Department of Customs as saying that it is estimated that in May 2024, Vietnam exported pepper to 30 thousand tons, worth 135 million USD, an increase of 14.4%. in volume and an increase of 15.9% in value compared to April 2024; up 3.7% in volume and 49.9% in value compared to May 2023.
In the first 5 months of 2024, Vietnam’s pepper exports are estimated to reach 113 thousand tons, worth 487 million USD, down 14.1% in volume, but up 19.7% in value compared to the same period last year. .
It is estimated that in May 2024, Vietnam’s average export pepper price will reach 4,492 USD/ton, up 1.3% compared to April 2024 and up 44.6% compared to May 2023. In the first 5 months of 2024, Vietnam’s average export pepper price is estimated at 4,308 USD/ton, up 39.3% over the same period last year.
Since the beginning of the year, Vietnam has promoted pepper exports to many traditional markets such as the United States, India, Germany, the Netherlands, Korea, Egypt…, but reduced exports to the United Arab Emirates. United Arab Emirates. Pepper exports to many markets increased sharply in both quantity and value. Notably, pepper exports to German and Korean markets grew by up to 3 digits.
Also according to the Import-Export Department, exports of most types of pepper increased in quantity, except black pepper; In terms of value, all types of pepper increased. In particular, the export rate of ground black pepper, white pepper and ground white pepper recorded double-digit growth in both volume and value.
According to Industry and Trade newspaper
