Vietnam's pepper exports reached 20,000 tons in January 2024, worth $79 million. This result represents a decrease of 1. in numbers compared to December 20234%, but an increase of 19%。Compared to January 2023, its number has grown by 602%, an increase in value of 839%。
Vietnam's average pepper exports** in January 2024 are estimated at $3,953 Tonnes, compared to December 2023**34%, compared to January 2023**148%。
In 2023, Vietnam mainly exported black pepper, accounting for 69% of the total national pepper export turnover in 202351%, accounting for 70% of the total turnover of pepper exports in the country67%。Thus, the growth of black pepper exports has had a positive impact on the industry as a whole.
Vietnam exports black pepper to more than 100 countries and regions around the world. In particular, Vietnam's traditional black pepper export markets include China, the United States, India, the United Arab Emirates, and the Philippines. According to the Ministry of Agriculture and Rural Development, the area under cultivation of pepper in Vietnam reached 115,000 hectares in 2023, a decrease of 5,000 hectares compared to 2022. The output in 2023 will reach 190,000 tons, an increase of 3 compared with 20228%。
The 2024 pepper harvest has already started in some districts of Danong province, but the production is not much. Due to climate change, the 2024 harvest season is later than 2023. Vietnam is currently the world's largest pepper producer, accounting for about 40% of the world's largest volume. Pepper production is expected to continue to decrease from 220,000 tonnes in 2023 to 180,000 200,000 tonnes in 2024. According to the Vietnam Pepper and Spice Association, the recent prolonged heavy rains in the central highlands and southern provinces have made it difficult for pepper growers. This has raised concerns about a possible decline in yields for the next harvest in 2024.
The International Pepper Community (IPC)** Global pepper production will continue to decline by 11%, which is equivalent to a reduction of 6,000 tons. This decrease is mainly due to Vietnam, while Brazil and India are expected to increase production this year. Other producing countries can maintain pepper production, but with little change. Adverse weather conditions caused by El Niño are affecting pepper yields and harvests. In particular, the weather in Brazil is "very dry", and prolonged heavy rains in the central highlands and southern provinces of Vietnam will reduce pepper production for some time to come. The IPC also has a global pepper record in the first quarter of 2024 as production in major producing countries continues to decline. This will also affect Vietnam's export of pepper**.