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Asia is Vietnam's largest pepper export region in the first quarter of 2024 

 Thursday, April 11,2024

AsemconnectVietnam - Asia is the largest export region for Vietnam's pepper in the first quarter of 2024. Out of which, India is the largest export market in this region.

Preliminary statistics from Vietnam Pepper and Spice Association show that in March 2024, Vietnam exported 25,579 tonnes of all kinds of pepper. Out of which, black pepper reached 22,282 tonnes, white pepper reached 3,297 tonnes.
Pepper export turnover reached 110.7 million USD. Out of which, black pepper reached 92.0 million USD, white pepper reached 18.7 million USD, compared to February 2024, export volume increased by 88.1%, turnover increased 102.2%.
Average export price of black pepper in March reached 4,136 USD/tonne, white pepper reached 5,710 USD/tonne, an increase of 310 USD for black pepper and 55 USD for white pepper.
Accumulated by the end of the first quarter of 2024, Vietnam has exported 56,712 tonnes of peppers. Out of which, black pepper reached 49,743 tonnes, white pepper reached 6,969 tonnes. Total export turnover reached 235.6 million USD. Out of which, black pepper reached 196.9 million USD, white pepper reached 38.7 million USD. Compared to the same period in 2023, export volume will decrease by 26.1% and turnover will decrease by 0.1%.
Average export price of black pepper reached 3,966 USD/tonnes, white pepper reached 5,552 USD/tonne, an increase of 562 USD for black pepper and 593 USD for white pepper, respectively compared to the same period in 2023.
Asia is the largest export region, accounting for 37.7% reaching 21,365 tonnes. However compared to the same period, it decreased by 54.3%. India is the largest export market in Asia, reaching 3,793 tonnes, an increase of 19.6% and accounting for 6.7%.
Exports to China decreased the most by 95.8%, reaching only 1,083 tonnes, compared to 25,919 tonnes in the same period, the UAE also decreased by 38.6%; Iran decreased by 29.3%, while exports to Korea increased sharply by 179.9% to 2,164 tonnes.
The Americas region ranked second, accounting for 29.7%. Out of which, the United States is the largest export market of Vietnamese pepper, accounting for 26.8%, reaching 15,185 tonnes, an increase of 27.9% over the same period.
Exports to Europe accounted for 26.3%, an increase of 24.7% over the same period in 2023. Out of which, the largest export to Germany increased by 113.8% to 3,701 tonnes; The Netherlands increased by 76.9% to 2,598 tonnes; exports also increased in Russia (25.1%); France (8.0%); Spain (32.3%), Italy (203.6%)… but decreased in the UK (-5.6%); Poland (-21.1%); Ireland (-75.4%)…
Exports to Africa decreased by 23.1%, of which Egypt decreased by 9.7% to 1,389 tonnes and Senegal decreased by 38.0% to 588 tonnes.

Source: Vitic/ congthuong.vn
 

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