10-month pepper export turnover surges by 48% year on year
VOV.VN - Vietnam exported a total of 219,387 tonnes of pepper for US$1.1 billion over the past 10 months of the year, down 1.9% in volume but up 48% in value, the Vietnam Pepper and Spice Association (VPSA) has unveiled.
Of the total, 193,892 tonnes of black pepper and 25,495 tonnes of white pepper were sold to foreign markets, valued at US$881.6 million and US$162.6 million, respectively.
The average export price of black pepper stood at US$4,971 per tonne and that of white pepper at US$6,626 per tonne, increasing by US$1,528 per tonne and US$1,671 per tonne, respectively, compared to the same period 2023.
The American market recorded a sharp annual rise of 46.8% in the reviewed period, accounting for 28.5% of the overall market share, of which the US was Vietnam’s largest pepper importer with 62,553 tonnes.
Exports also skyrocketed in several markets such as the United Arab Emirates at 14,540 tonnes, Germany at 13,737 tonnes, and the Netherlands at 9,295 tonnes, up 45%, 77.2%, and 41.2%, respectively.
