Sunday, August 25,2019 - 2:4 GMT+7  Việt Nam EngLish 

Pepper exports decreased in first five months 

 Thursday, July 18,2019

AsemconnectVietnam - In the first 5 months of this year, Vietnam’s pepper exports to most markets declined in value compared to the same period last year, the exports to only 2 markets, Turkey and German, increased in turnover.

According to the preliminary statistics figures of the General Department of Customs, Vietnam’s pepper exports in May 2019 only increased slightly by 1.9 per cent in volume but decreased by 0.8 per cent in turnover and by 2.6 per cent in price compared with April of 2019, reaching 38,016 tons, equivalent to 93.43 million USD, the average price was at 2,457.7 USD per ton.

Generally in the first 5 months of 2019, the whole country exported 145,917 tons of pepper, equivalent to 376.37 million USD, the average price was 2,579.4 USD per ton, increased by 32.8 per cent in volume but decreased by 1.5 per cent in turnover and 25.8 per cent reduction in prices over the same period of 2018.
In May of 2019, pepper exports to most major markets increased compared to May 2018. The exports to the US reached 5,149 tons, worth of 13.58 million USD, up by 13.5 per cent in volume, but down by 7.1 per cent in value. Notably, the amount of pepper exported to some three-digit growth markets such as Germany increased by 112.5 per cent, to Pakistan - increased by 104.4 per cent, to the U.A.E increased by 133 per cent, and to Myanmar - increased by 316 per cent.

In the first 5 months of 2019, Vietnam’s pepper exports to major markets increased by 2 digits in volume, but decreased in value compared to the same period of 2018; In particular, the exports to the US - the largest pepper export market of Vietnam, reached 23,790 tons, worth of 66.5 million USD, up by 26.6 per cent in volume, but down by 6.5 per cent in value.

In the first 5 months of this year, pepper exports to most markets declined in value compared to the same period last year, the exports to only 2 markets, Turkey and German, increased in turnover. The exports to Turkey increased by 10.8 per cent, reaching 4.04 million USD; to Germany - increased by 4 per cent to 16.94 million USD.
In the world market, global pepper prices rose again, but the uptrend is forecasted to be difficult to maintain due to abundant supply. According to data from the International Pepper Association, in 2019 world pepper production will continue to increase, expected to reach 602,000 tons, an increase of 8.27 per cent, of which the production of Brazil will increase by 28 per cent, Cambodia – by 17 per cent, Sri. Lanka - increased by 44 per cent, reaching 26,700 tons. The pepper production of Vietnam is expected to reach 240,000 tons, an increase of about 9 per cent due to the new planting area from 2014-2016 began to harvest.

Vietnam’s exports of pepper in the first five months of 2019 -
Unit: USD – source: the General Department of Customs
Market
First 5 months of 2019
+/- First 5 months of 2019 vs. same period of 2018 (%)
Volume (ton)
Value (USD)
Volume
Value
Total
145,917
376,373,121
32.76
-1.5
The U.S
23,790
66,502,281
26.64
-6.47
India
12,212
30,231,542
13.8
-16.96
Germany
5,706
16,944,732
40.2
3.96
Pakistan
6,869
16,809,148
10.35
-18.24
The U.A.E
6,061
14,297,931
22.22
-8.44
The Netherlands
3,967
13,976,023
25.82
-5.48
Thailand
3,205
9,749,721
22.37
-15.21
Egypt
4,225
9,029,237
24.41
-3.67
South Korea
2,967
8,251,348
19.01
-10.2
Britain
1,938
6,573,752
14.07
-17.62
The Philippines
2,478
5,424,852
17.83
-8.6
Saudi Arabia
1,909
4,826,666
 
 
Russia
2,143
4,793,795
19.85
-7.86
Myanmar
1,834
4,299,592
 
 
South Africa
1,409
4,118,789
10.6
-22.9
Turkey
1,817
4,041,541
45.94
10.67
Canada
1,355
4,022,039
8.66
-21.23
Spain
1,138
3,398,040
2.15
-16.16
Senegal
1,469
3,349,323
 
 
Australia
825
3,022,792
-17.99
-35.37
Poland
1,017
2,813,298
18.39
-8.51
Japan
1,134
2,605,363
-7.58
-59.29
France
761
2,302,124
15.65
-13.21
Malaysia
662
1,845,387
22.59
-15.11
Ukraine
660
1,490,494
-27.95
-46.89
Singapore
524
1,322,727
-55.82
-66.77
Italy
424
1,269,374
-9.21
-32.12
Algeria
403
936,920
 
 
Kuwait
273
712,787
-26.81
-46.61
Belgium
119
449,504
-28.31
-41.49
Sri Lanka
150
429,300
 
 
CK
Source: VITIC

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