Brazil – pricing levels already at par with Vietnam
with limited stock available at origin. Its predicted
bad crop/losses for August crop, which apparently
also expecting a delay in harvest, now prompting
exporters to also slowdown in offering due to the
rising price trend in pepper.
Year-Over-Year First 4 Months Brazil Export Volume
Brazil exported about 7,491 tons of Pepper in the
month of April with Morocco having been able to
import about 1,349 tons, followed by Vietnam at 869
tons, Senegal at 867 tons, UAE at 756 tons, and India
at 718 tons.
Overall, Vietnam import share have dropped by
about 12% as compared to last year same period.
Germany have increased its import share by about
56% compared to last year perhaps due to the new
implementation of steam sterilization in Brazil as
well as USA that have increased its import volume by
470% compared to the same period as last year.
RGT Pepper Market Report – May 2024
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Website: www.royalgoldentrading.com/ Email: Info@royalgoldentrading.com
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