In December 2020, Indonesian black pepper prices increased sharply by 8.9%, while Vietnam increased by 1.7%, India by 0.5% and Chinese white pepper prices increased by 4.7%, Malaysia. up 2.9%, Vietnam up 1.1%, according to data from the International Pepper Community (IPC).
Vietnamese pepper farmers come to harvest the new crop.
According to preliminary data reported by the General Department of Vietnam Customs, pepper exports in December 2020 reached 20,742 tons of pepper of all kinds, down 2,188 tons, or a decrease of 9.54% over the previous month but increased by 4,079. tons, which increased by 24.48% over the same period last year.
The value of pepper export turnover in the month reached 57.40 million USD, down 3.09 million USD, or 5.10% down from the previous month but increased by 17.24 million USD, or 42.93% compared to the previous month. with the same period last year.
Cumulative export volume of pepper for the whole year 2020 totaled 285,292 tons of pepper of all kinds, up 1,002 tons, or 0.35% higher than the export volume of the whole year in 2019. However, the value of export turnover both in 2020, a total of 660.57 million USD, a decrease of 53.58 million USD, is 7.50% decrease compared to the export turnover of the whole year 2019.
Average export price in December 2020 reached US $ 2,767 / ton, up 4.89% compared to the average export price of the previous month and the average export price in 2020 reached US $ 2,315 / ton, down 7, 84% of the average export price for the whole year 2019.
According to Giatieu.com