In 2023, chili exports reached 20 million USD, equivalent to 10,173 tons, an increase of 107% over the previous year.
This is the data just announced by the Vietnam Pepper Association. Accordingly, China and Laos are the two main export markets of Vietnamese chili, reaching more than 8,600 tons and 1,100 tons respectively, accounting for 85% and 10.9% of the market share.
In the past two years, Vietnam has been allowed to officially export chili to China, helping the fruit's export turnover skyrocket. The selling price of chili is also much better than in 2022, helping farmers have stable profits.
On average, each sao of chili will yield over 1 ton of fruit per year. With a selling price of 8,000-12,000 VND per kg, farmers will earn 8-15 million VND per sao, and with a price of 30,000-40,000 VND, they will earn 30-50 million VND.
Currently, the price of chili in the garden is fluctuating between 38,000-40,000 VND per kg. The selected export type costs from 62,000-65,000 VND per kg, the second-grade chili is 58,000-60,000 VND, and the market chili is 55,000-58,000 VND. This level is double that of the same period in 2023.
According to the Department of Crop Production, chili is grown mostly in the provinces of Dong Thap, An Giang, Tien Giang, Soc Trang, Vinh Long and Tra Vinh with a total area of over 7,000 hectares, producing about 100,000 tons per year. Meanwhile, in the Central Highlands, the growing area is about 4,000-5,000 hectares with a production of about 60,000 tons per year.
Globally, Asia-Pacific dominates the market with India being the world’s leading producer and exporter of dried chilli, followed by Vietnam, China and Indonesia. India is also the world’s leading producer and consumer of chilli with about 36% of global production, exporting about 30% of the total production.
Hong Chau
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