In 2020, export of pepper is estimated at 288 thousand tons, worth $ 665 million, up 1.2% in volume, but down 6.8% in value over the same period in 2019. Vietnam’s pepper market share in total Russian imports accounted for 74.7% in the first 10 months of 2020, compared with 68.56% market share in the first 10 months of 2019.
The Import and Export Department (Ministry of Industry and Trade) said that according to the estimate, pepper exports in December 2020 reached 23 thousand tons, worth $ 62 million, up 0.3% in volume and 2.5% in value. Price compared to November 2020, compared with December 2019, increased by 38% in volume and 54.4% in value. In 2020, pepper export is estimated at 288 thousand tons, worth $ 665 million, up 1.2% in volume, but down 6.8% in value over the same period in 2019.
Average pepper export price in December 2020 is estimated at 2,696 USD / ton, an increase of 2.2% compared to November 2020 and an increase of 11.9% compared to December 2019. In 2020, the average export price of pepper is estimated at 2,313 USD / ton, down 7.9% compared to 2019.
Import and Export Department, according to statistics from the Russian Customs Service, said that the country’s pepper imports in the first 10 months of 2020 reached 8.14 thousand tons, worth $ 19.66 million, down 1.0%. in volume and 5.1% reduction in value over the same period in 2019. Average import price of Russian pepper in the first 10 months of 2020 reached 2,415 USD / ton, down 4.1% over the same period in 2019. In particular, the average import price of Russian pepper decreased from many main supply markets, but increased from Vietnam, Brazil, Poland, Germany. According to statistics from the General Department of Customs, in May 11 By 2020, export of black pepper will reach 218.8 thousand tons, worth $ 460.38 million, up 3.3% in volume, but down 7.4% in value over the same period in 2019. In which, export black pepper exports to many main markets increased, such as China, the United States, Great Britain, Egypt,…; In contrast, exports of black pepper to India, Germany, Iran, Nepal and Turkey decreased.
May 10, 2020, Russia increased its pepper imports from some major supply markets, such as Vietnam, India, and Indonesia, but decreased from many other supply markets. Specifically, the import of Russian pepper from Vietnam in the first 10 months of 2020 reached 6.1 thousand tons, worth $ 15.54 million, up 7.9% in volume and 9.7% in value. market share of Vietnam in total imports of Russia accounted for 74.7% in the first 10 months of 2020, higher than 68.56% market share in the first 10 months of 2019. Pepper imports of Russia from India market in 10 months of 2020 reached 991 tons, worth 1.12 million USD, up 48.6% in volume and 32.2% in value over the same period in 2019. Indian pepper in total Russian imports accounted for 12.17% in the first 10 months of 2020, up from 8.1% in the first 10 months of 2019.
At the end of December 2020, domestic black pepper prices decreased compared to the end of November 2020. On December 28, 2020, black pepper prices decreased from 2,000-4,000 VND / kg (equivalent to a decrease of 3.6 – 6.8%) compared to November 30, 2020. The lowest decrease of 3.6% in Dong Nai province; the highest decrease was 6.8% in Ba Ria – Vung Tau province, down to 53,000 – 54,500 VND / kg. The price of white pepper decreased by 6,000 VND / kg, to 72,000 VND / kg, but increased sharply compared to 63,000 VND / kg in the same period in 2019.
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