According to the report of the International Pepper Community (IPC), as of July 2020, China has become the second largest importer, after the US.
Read more : >> Vietnam: pepper exports in January 2021 increased in both quantity and price.
Farmers in Ea Kenh commune, Krong Pak, Dak Lak dry the new crop.
According to preliminary data reported by the General Department of Vietnam Customs, pepper exports in February 2021 reached 13,428 tons of all kinds of pepper, down 3,468 tons, or 20.53% compared to the previous month and down 12,181 tons , which is a decrease of 47.57% compared to the same period last year.
The export value of pepper in the month reached US$ 38.92 million, down US$ 9.80 million, or 20.11% compared to the previous month and down US$ 18.10 million, ie down 31.74% compared to the previous month. in the same period last year.
The cumulative export volume of pepper in the first 2 months of 2021 reached a total of 30,291 tons of pepper of all kinds, down 9,952 tons, or 24.73% compared to the export volume of the first 2 months of 2020.
In terms of export turnover in the first two months of 2021, it totaled 87.59 million USD, down 5.18 million USD, or 5.59% over the same period.
The average export price of pepper in February 2021 reached $2,899/ton, up 0.52% compared to the average export price of January 2021.
According to observers, the export volume of pepper in February 2020 decreased sharply not only due to the few days of the month but also the long traditional New Year holiday of Tan Ox, while the outbreak of covid-19 forced a Some localities have to implement social distancing measures right during the Tet holiday. In addition, the La Nina weather phenomenon caused a lot of rain at the end of the year, which delayed the harvest and delayed the supply of pepper for export in the first 2 months of 2021.
According to statistical data of IPC, world pepper prices in February 2021 had a slight decrease as major importers waited for supply from Vietnam’s new crop, producers and exporters accounted for nearly 60% of output. pepper of the world with a forecast that this year’s output will drop significantly.
According to the Anh Van (giacaphe.vn)
