Vietnam’s pepper industry is set for an eventful year in 2025 as global production continues to decline while demand from key markets fluctuates, creating both challenges and opportunities for exporters.

VOV.VN - The United States remained the largest consumer of Vietnamese pepper last year with 72,311 tonnes, accounting for 28.9% of total pepper export value and representing a sharp rise of 33.2% compared to 2023, according to the Vietnam Pepper and Spice Association.

The Vietnam Pepper and Spice Association (VPSA) forecasts that Vietnam's pepper exports this year will reach over US$1 billion, returning pepper to the group of billion-dollar commodities.

VOV.VN - The Vietnam International Pepper and Spice Outlook 2024 (VIPO 2024) was held in Hanoi on March 8 in an effort to explore cooperation opportunities, foster business networking, and expand export markets for Vietnamese products.

VOV.VN - The United States is Vietnam’s largest consumer of pepper, making up more than one fifth of the supplier’s total exports, according to the General Department of Customs.

VOV.VN - China was the largest buyer of Vietnamese pepper over the past nine months of the year, with its purchasing volume increasing by nearly fourfold, according to the Vietnam Pepper Association (VPA).

VOV.VN - The United States imported 33,728 tonnes of Vietnamese pepper worth US$135.23 million in the first eight months of the year, becoming the largest consumer of the Vietnamese product in the world, according to the General Department of Vietnam Customs.

Following sustainable development will help Vietnamese pepper further enter the EU where more and more consumers ask for certificates that prove the products’s sustainability, an insider has said.

VOV.VN - China represents the largest importer of Vietnamese pepper in the first half of the year, duly accounting for 32.9% of the overall market share, according to figures released by the Vietnam Pepper Association (VPA).

VOV.VN - Vietnam exported over 156,000 tonnes of pepper worth US$498 million during the first six months of this year, marking a rise of 26.6% in volume, but a drop of 11% in value over the same period from 2022, according to the Import-Export Department under the Ministry of Industry and Trade.