China suddenly gathered this nut from Vietnam, exports increased by more than 700% in just the first 2 months of the year

Preliminary statistics of the Vietnam Pepper Association (VPA) show that in February 2023, the whole country exported 28,161 tons of pepper of all kinds, with an export turnover of 85.1 million USD. In which, black pepper reached 25,959 tons, worth 74.8 million USD; white pepper reached 2,202 tons, worth 10.3 million USD. Thus, Vietnam’s total pepper exports in February increased by 122.6% compared to the previous month.

In the first 2 months of the year, Vietnam exported a total of 40,814 tons of pepper, of which black pepper reached 37,310 tons, white pepper reached 3,504 tons, export turnover reached 128.6 million USD (black pepper reached 111.8 million tons. USD, white pepper reached 16.8 million USD).

Compared to the same period in 2022, pepper exports increased by 33%, equivalent to 10,138 tons.

Notably, among export markets in February 2023, China increased imports of Vietnamese pepper again right after opening and rose to become the main export market of Vietnamese pepper, reaching 4,712 tons. , an increase of 219.5% compared to January 2023, accounting for 16.7% of export market share.

Accumulating 2 months, pepper exports to China reached 10,209 tons, accounting for 25% and up 760.1% over the same period last year.

In 2022, due to the impact of the Zero Covid policy, Vietnam’s pepper exports to the Chinese market only reached 20,498 tons, down 46.4% compared to 2021 and the lowest level in the past 5 years. This. However, when China started to reopen, Vietnam’s pepper exports to this market have prospered again.

Most of the major export markets recorded growth in the first 2 months of the year. Some other markets also saw an increase in imports such as UAE: 2,655 tons, up 40%, Philippines: 1,129 tons, up 36%, exports also increased in Senegal, Egypt, Turkey, Iran, Bangladesh…

The average export price of Vietnam’s pepper in 2022 is estimated at $4,257/ton, up 18.5% compared to 2021. It is forecasted that the pepper output of the 2023 crop will increase by about 5% compared to 2022. , reaching 180,000 – 185,000 tons. However, Vietnam’s pepper exports will continue to face difficulties in the context of world prices under pressure due to low consumption demand. Pepper demand will drop sharply in the first quarter of 2023 in the European region because the energy crisis in this region has not ended – this is also the time when Vietnam’s pepper is promoted to the market.

According to VPA, Vietnam’s pepper industry needs to increase its ability to conform to international standards, especially in aspects such as chemical residues, and criteria for sustainable production in terms of economy, society and environment. school. In addition, it is necessary to promote deep processing and create new products to increase competitiveness in the world market.

According to VPA, VITIC

The article is in Vietnamese

Tags: China suddenly gathered nut Vietnam exports increased months year

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