Pepper market update 14th Oct 2024 – Week 41

 

- Pepper prices continued to decrease last week from 152,000 VND to 149,000 VND, a decrease of 2%.

 - The market continues to be quiet due to low demand in most key markets such as the US/China and EU/Middle East. Tensions in the Middle East are still ongoing, limiting import demand.

From January 1 to September 30, 2024, Vietnam exported 200,894 tons of pepper, of which black pepper reached 177,953 tons and white pepper reached 22,941 tons. Total export turnover reached 991.0 million USD, black pepper reached 781.9 million USD, white pepper reached 142.1 million USD. Compared to the same period in 2023, export volume decreased by 1.7% but export turnover increased by 46.1%. The average export price of black pepper in the first 9 months reached 4,852 USD/ton, white pepper reached 6,461 USD/ton, up 40.9% for black pepper and 30.4% for white pepper compared to the same period last year.

 

 

Please see the REPORT FILE & FULL QUOTATION LIST by click to download.

 

https://ptexim.com.vn/reports/report-of-the-pepper-market-and-other-spices-in-september-2024/