Vietnam pepper exports in May 2023 increased in quantity, decreased in price

Rate this post

The world’s leading pepper consuming market has increased purchases to replenish reserves after reopening, making China Vietnam’s largest pepper importer, while the new pepper harvest This year, Indonesia started to put pressure on world pepper export prices…

According to preliminary report data from the General Department of Vietnam Customs, pepper exports in May 2023 reached 28,936 tons of pepper of all kinds, an increase of 2,498 tons, or an increase of 9.45% compared to the previous month and an increase of 7,172 tons. , which is an increase of 32.95% over the same period last year.

The value of pepper export turnover in the month reached 89.87 million USD, an increase of 6.40 million USD, or an increase of 7.67% compared to the previous month and a decrease of 8.27 million USD, or a decrease of 8.43% compared to the previous month. in the same period last year.

The cumulative export volume of pepper in the first 5 months of 2023 reached a total of 131,474 tons of pepper of all kinds, an increase of 32,100 tons, or an increase of 32.30% compared to the export volume in the first 5 months of 2023.

Regarding the value of export turnover in the first 5 months of 2023, it reached a total of 406.50 million USD, down 53.28 million USD, or down 11.59% over the same period.

The average export price of pepper in May 2023 reached 3,106 USD/ton, down 1.62% compared to the average export price of April 2023.

[ Xem giá tiêu thế giới mới nhất ]

China China has become Vietnam’s leading pepper import market with a record increase. Meanwhile, the harvest output of Vietnam’s new pepper crop this year was assessed by the Vietnam Pepper and Spice Association (VPSA) to be more positive than last year, adding a significant supply to the market. global consumer market and also contributes to pressure on current export pepper prices.

See more:

Leave a Reply

Your email address will not be published. Required fields are marked *