Illustrative image (Source: VNA)Hanoi (VNA) – Vietnam exported 32,000tonnes of peppercorn worth 80 million USD in April 2019, up 19.3 percent involume but down 6.4 percent in value compared to the same month last year.
In the first four months of the year, thecountry earned 270 million USD from shipping 103,000 tonnes of peppercornabroad, down 12.2 percent in value and up 18.6 percent in volume year-on-year.
The average export prices of the spice stood at2,619 USD per tonne, a yearly decline of 25.9 percent.
In the southern province of Binh Phuoc, one ofthe country’s biggest peppercorn producers, close to 20,000 tonnes of peppercornhave been harvested in this year’s new crop.
In 2018, Vietnam exported about 232,000 tonnesworth 758 million USD, up 8.1 percent in volume but down 32.2 percent in value.
Vietnam’s peppercorn output this year ispredicted to reach around 200,000 tonnes, according to the International PepperCommunity (IPC).
Output of black pepper was forecast at 175,000tonnes, while the remainder would be white pepper.
The IPC also predicted the peppercorn output ofthe world’s biggest exporters such as Vietnam, Brazil, Indonesia, and India in2019 would be lower than last year.
The Foreign Trade Agency under the Ministry ofIndustry and Trade said up to 95 percent of Vietnam’s peppercorn output wasexported.
Experts suggested local peppercorn producers andexporters should associate and connect with international customers to expandtheir consumption markets, as well as improve the quality of its products.–VNA
VNA
