AsemconnectVietnam - On Thursday, domestic pepper prices in Vietnam's Central Highlands decreased by 4000-5000 VND to 148,000-150,500 VND per kg compared to Yesterday, according to Kinhtedothi.

Preliminary statistics from the Vietnam Pepper and Spice Association show that in the first 15 days of September 2024, Vietnam exported 6,917 tonnes of pepper, with a total export turnover of 42.3 million USD.
The main exporting enterprises in the first 15 days of September include: Olam Vietnam: 970 tonnes, Phuc Sinh: 743 tonnes, Haprosimex JSC: 568 tonnes, Tran Chau: 561 tonnes and Nedspice Vietnam: 480 tonnes.
In addition, in the first 15 days of September 2024,Vietnam imported 706 tonnes, with a total import turnover of 3.7 million USD. Olam Vietnam, Tran Chau and Phuc Thinh are the 3 largest importing enterprises with 149 tonnes, 109 tonnes and 105 tonnes. Indonesia and Brazil are still the 2 main pepper suppliers to Vietnam with 359 tonnes and 245 tonnes.
Vietnam exported 12,133 tonnes of pepper worth US$63.7 million during the opening eight months of the year, representing a rise of 97.5% in volume and 151.8% in value on-year, according to the General Department of Vietnam Customs.
August alone witnessed the country export 1,080 tonnes of pepper worth US$6.4 million to the German market, marking a drop of 24.4% in volume and 29.2% in value compared to the previous month, but up 74.2% in volume and 2.4 times in value compared to the same period from last year.
Germany has risen to become Vietnam's second largest pepper export market after the United States, with its market share increasing from 3.3% in the same period to 6.6% in the opening eight months of the year.
According to data released by the European Statistical Office (Eurostat), Germany's pepper imports have been also increasing significantly with 12,029 tonnes worth EUR57.6 million by the end of June this year, up 25.4% in volume and 31.4% in value on-year.
Germany is currently the largest pepper importer in the EU with Vietnam being the largest supplier to the Central European nation.
Accordingly, Germany's pepper imports from the Vietnamese market in the first half of the year reached 6,652 tonnes, up 67.7% over the same period from last year and accounting for 55.3% of the country's total pepper imports,
The export price of Vietnamese pepper in the German market stood at an average of US$4,420 per tonne, up 11.3% on-year, higher than the figure of US$4,074 per tonne of Brazil, the main competitor in this market.
Statistics indicate that the country exported 182,930 tonnes of pepper worth nearly US$878 million during the eight-month period, down 2.7% in volume but up 42.8% in value against the same period from last year.
Following are domestic pepper prices on September 19, in the main pepper growing and consumption regions:


T.Huong
Source: Vitic/kinhtedothi