AsemconnectVietnam - On Monday, domestic pepper prices in Vietnam's Central Highlands fluctuated strongly to VND92,500 - VND94,000 per kg compared to Yesterday, according to Kinhtedothi.

The maximum price for pepper stayed at VND94,000 per kg in Dac Lac while in Dong Nai province, the lowest price rose by 500 VND to VND92,500 per kg. Farmers in Dak Nong sold pepper for VND93,500 per kilogram, in Binh Phuoc province for VND93,000 per kilogram, and in Ba Ria – Vung Tau for 93,000 VND.
Vietnam Pepper and Spice Association informed that in March 2024, Vietnam imported 3,727 tonnes of pepper of all kinds, of which black pepper reached 3,572 tonnes, and white pepper reached 155 tonnes, increased by 112.8% compared to February.The total import turnover reached 14.1 million USD.
The largest importer is Olam company, accounting for 48.2%, reaching 1,797 tonnes, followed by Tran Chau, accounting for 16.3%, reaching 608 tonnes. Cambodia and Brazil are the two main pepper supply markets for Vietnam reaching 1,675 tonnes and 1,455 tonnes.
In the first three months of 2024, Vietnam imported 7,988 tonnes of pepper of all kinds, of which black pepper reached 7,663 tonnes and white pepper reached 325 tonnes. Compared to the same period in 2023, imports increased by 2.2%. Olam is the largest import enterprise. This company imported 3,138 tonnes of pepper, accounting for 39.3% and increasing 0.7% over the same period last year. Pearl imported 1,043 tonnes, down 21.7%. Lien Thanh imported 919 tonnes, up 209.4% over the same period last year.
Brazil and Cambodia are the two main pepper suppliers to Vietnam, with 4,363 tonnes and 2,084 tonnes respectively. However, compared to the same period last year, imports from Brazil decreased by 16.3% while imports from Cambodia increased by 66.5%. In a recent document sent to the Government, the Vietnam Pepper and Spice Association said that Vietnam still ranks top 1 in the world in pepper production and export. However, the area and output of Vietnamese pepper are decreasing. This agency is concerned that the level of competition from rival countries will become increasingly fierce, especially Brazil. Accordingly, this country's pepper production has increased from 80 thousand tonnes in 2018 to 100 thousand tonnes in 2024. The country's exports have reached 80 thousand tonnes of pepper in 2023.
Following are domestic pepper prices on April 8, 2024, in the main pepper growing and consumption regions:

 T.Huong

Source: Vitic/kinhtedothi