For the second year in a row Vietnam became the biggest importer of brazilian black pepper, overcoming traditional destinations like USA and also Germany.
USA has been the leading importer of brazilian black pepper since the beginning of the century.
Big changes happened after COVID-19 pandemia and actually during the last 10 years, starting with the production area in Brazil that developed a new very active production zone in the central-east (south of Bahia state and Espirito Santo state).Brazilian exports that were around 30k - 40 k tons per year from 2000 to 2015, rised to 91,000 ton in 2021.
Prices this week range between 3350 -3500 FOB.
The chart below show Brazilian Exports per destination from 2018 to 2023 elaborated by Coreimex.
If interested ask for a firm offer peppertrade@olcom.com.br
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