Pepper exports see strongest growth in India
Friday, May 4,2018AsemconnectVietnam - Pepper exports to India grew impressively over the first quarter of the year, ballooning 209% in volume and 77% in value to become the fastest growing export market, according to preliminary statistics provided by the General Department of Vietnam Customs.
The US was the largest consumer of Vietnamese pepper, accounting for 17.2% of the country’s total volume of pepper exports with 10,364 tons, and 19.3% of the total value at US$42.84 million. Although exports to India only amounted to 7,132 tons (11.9% of total export volume) and were valued at US$25.06 million (11.3% of total value), the market posted the strongest growth.
Pakistan remained the third largest importer, consuming 3,993 tons of Vietnamese pepper worth US$13.69 million.
Over the three-month period, export values to most markets suffered a decline compared to the same period last year despite high export volumes to some markets., and export prices dropped across all markets.
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