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    Home > Food News > Food Articles > Vietnam's pepper export prices rose by nearly 51%

    Vietnam's pepper export prices rose by nearly 51%

    • Last Update: 2021-08-01
    • Source: Internet
    • Author: User
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    (People’s Daily) According to the Import and Export Bureau of Vietnam’s Ministry of Industry and Trade , in the first half of 2021, Vietnam’s pepper exports amounted to approximately 155,000 tons, down 6.
    7% year-on-year, and exports reached 500 million US dollars, up 40.
    6% year-on-year
    .
     
    In June 2021, the average export price of Vietnamese pepper reached US$3,529/ton, a month-on-month increase of 2.
    9% and a year-on-year increase of 52.
    5%
    .
    It is worth noting that the average export price of pepper in the first half of this year was US$3216/ton, a sharp increase of 50.
    7% over the same period in 2020
    .
     
    From the perspective of the types of pepper exports, in the first five months of 2021, the export volume of black pepper and white pepper fell year-on-year but the export value increased year-on-year, while the export volume of black pepper and white pepper increased compared with the same period in 2020
    .
    The representative of the Import and Export Bureau commented that the above-mentioned pepper export structure shows that the export structure of the pepper industry has undergone tremendous changes, that is, the quantity has decreased and the quality has improved
    .
     
      Regarding the export market, only in May 2021 and the first five months, Vietnam's pepper exports to the United States, the United Arab Emirates, Pakistan, the Netherlands, South Korea, and the Philippines have all achieved growth
    .
    In contrast, pepper exports to Germany, Egypt and the United Kingdom have fallen
    .
     
      It is predicted that due to the increased demand from partners, the export of Vietnamese pepper will be quite favorable for some time to come
    .
    Tight supply sources have caused pepper prices to rise
    .
    (Finish)
    Import and export of pepper exports
     
      In June 2021, the average export price of Vietnamese pepper reached US$3,529/ton, a month-on-month increase of 2.
    9% and a year-on-year increase of 52.
    5%
    .
    It is worth noting that the average export price of pepper in the first half of this year was US$3216/ton, a sharp increase of 50.
    7% over the same period in 2020
    .
    price
     
      From the perspective of the types of pepper exports, in the first five months of 2021, the export volume of black pepper and white pepper fell year-on-year but the export value increased year-on-year, while the export volume of black pepper and white pepper increased compared with the same period in 2020
    .
    The representative of the Import and Export Bureau commented that the above-mentioned pepper export structure shows that the export structure of the pepper industry has undergone tremendous changes, that is, the quantity has decreased and the quality has improved
    .
     
      Regarding the export market, only in May 2021 and the first five months, Vietnam's pepper exports to the United States, the United Arab Emirates, Pakistan, the Netherlands, South Korea, and the Philippines have all achieved growth
    .
    In contrast, pepper exports to Germany, Egypt and the United Kingdom have fallen
    .
     
      It is predicted that due to the increased demand from partners, the export of Vietnamese pepper will be quite favorable for some time to come
    .
    Tight supply sources have caused pepper prices to rise
    .
    (Finish)
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