AsemconnectVietnam - On Thursday, domestic pepper prices in Vietnam's Central Highlands fell by 1000 VND to VND67,500 – VND71,000 per kg compared to Yesterday, according to Kinhtedothi.vn.

In Ba Ria-Vung Tau province, the maximum price for pepper fell to VND71,000 per kg, while in Gia Lai province, the lowest price at VND67,500 per kg. Farmers in Binh Phuoc sold pepper for VND70,000 per kilogram, in Dong Nai province for VND68,500 per kilogram, and in Dak Lak and Dak Nong provinces for VND68,500 per kilogram.
According to preliminary data from the Vietnam Pepper Association (VPA), Vietnam exported 11,305 tonnes of pepper in the first 18 days of June, and the total export value reached $41.1 million.
Vietnam has exported 2,657 tonnes of pepper to the Chinese market as of mid-June. Exports to US and EU markets have dropped.
China remains the top export market for Vietnamese pepper, with exports reaching 2,657 tonnes in the first 18 days of the month. The leading exporters are Nedspice Vietnam, Olam, and Pearl Group Corporation, with respective exports of 1,045 tonnes, 738 tonnes, and 670 tonnes.
Asia was the biggest destination for exports in the first five months of 2023, reaching 78,907 tonnes and accounting for 59.9 percent of total export turnover, with China being the largest export market with 46,169 tonnes, accounting for 35 percent and growing 1,668.9 percent compared to the same period in 2022.
In contrast, imports of Vietnamese pepper into the Americas and the US fell by 13.1 per cent and 15.5 percent, respectively. The EU region decreased by 9.4 percent during the same time period. Currently, 16.8 percent of Vietnam's total pepper export revenue comes from the EU.
Following are domestic pepper prices on June 29, 2022, in the main pepper growing and consumption regions: