According to preliminary statistics of the Vietnam Pepper and Spice Association (VPSA), in August 2024, Vietnam exported 19,399 tons of pepper of all kinds, of which black pepper reached 17,391 tons and white pepper reached 2,008 tons.
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| In August, pepper exports to the US broke an all-time high (Photo: VPSA) |
Total pepper export turnover reached 117.0 million USD, of which black pepper reached 102.0 million USD, white pepper reached 15.0 million USD, compared to the previous month, export volume decreased by 10.9%, turnover decreased by 9.9% and compared to August 2023, export volume decreased by 1.1% but turnover increased by 59.4%.
The average export price of black pepper in August reached 5,891 USD/ton, white pepper reached 7,462 USD/ton, an increase of 30 USD for black pepper but a decrease of 96 USD for white pepper compared to the previous month.
In August, pepper exports to the US market broke an all-time record with an export volume of 8,474 tons, up 43.3% compared to July and accounting for 43.7% of the export market share. Next are the markets: Germany reached 1,080 tons, down 23.7%; UAE reached 847 tons, down 66.2%; exports to China reached only 329 tons, down 45.7% compared to the previous month.
Phuc Sinh was the leading pepper exporter in August with 2,742 tons, up 12.3% over the previous month and accounting for 14.1% of the export market share. Next were Olam Vietnam with 2,218 tons, down 17.5%; Haprosimex JSC with 1,967 tons, up 10.1%; Nedspice Vietnam with 1,718 tons, down 8.9% and Lien Thanh with 1,580 tons, up 35.9%.
By the end of August, Vietnam had exported 183,756 tons of pepper of all kinds, of which black pepper reached 162,721 tons and white pepper reached 21,035 tons. Total pepper export turnover reached 881.2 million USD, black pepper reached 754.1 million USD, white pepper reached 127.1 million USD. Compared to the same period last year, the export volume decreased by 2.1% but the export turnover increased by 43.0%.
The average export price of black pepper in the first 8 months reached 4,712 USD/ton, white pepper reached 6,326 USD/ton, an increase of 1,270 USD for black pepper and 1,371 USD for white pepper compared to the same period last year.
Leading pepper exporting enterprises include: Olam Vietnam with 18,185 tons, up 50.6%; Phuc Sinh with 16,522 tons, up 61.7%; Nedspice Vietnam with 13,953 tons, up 14.1%; Haprosimex JSC with 13,808 tons, up 77.0% and Tran Chau with 11,426 tons, down 6.5%... In addition, there are a number of enterprises with sudden export growth such as Simexco Dak Lak with an increase of 215.1%; Sinh Loc Phat with an increase of 124.2%; Hanfimex Vietnam with an increase of 94.2%; Intimex Group with an increase of 85.6%; Lien Thanh with an increase of 60.3%...
Export volume to the US in the first 8 months of 2024 reached 51,823 tons, nearly equal to the total export volume of the whole year 2023 (54,271 tons), compared to the same period last year, the export volume increased by 54.3% and accounted for 28.2% of the market share.
Next are the markets: Germany reached 12,021 tons, up 96.3%; UAE reached 11,744 tons, up 29.6%; India reached 9,086 tons, up 10.2%; China reached 8,388 tons, down 84.4%; Netherlands reached 7,503 tons, up 35.9%...
![[Photo] Prime Minister Pham Minh Chinh chairs Government Conference with localities on economic growth](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/2/21/f34583484f2643a2a2b72168a0d64baa)
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