Although the complicated development of COVID-19 globally has severely affected many manufacturing industries, Vietnam’s pepper exports remain stable, and pepper export prices have reached their highest level since August. /2018 to present.
Currently, Vietnamese pepper is sold in 110 countries and territories. Pepper exports account for 60% of the world’s pepper exports, and there are many diverse products such as black pepper, bell pepper, white pepper, powdered pepper, and salt pepper.
According to the Import-Export Department (Ministry of Industry and Trade), pepper exports decreased sharply in August 2021 due to the impact of the fourth COVID-19 epidemic. However, Vietnam’s average export pepper price in August 2021 reached 3,736 USD / ton. This is the highest export pepper price since January 2018.
Prices increased by 3.4% compared to July 2021 and increased by 49.4% compared to August last year. In the first 8 months of 2021, Vietnam’s average export pepper price reached 3,321 USD / ton, an increase of 51.1% over the same period in 2020.
According to the Import-Export Department, changing thinking, switching from growing pepper to organic farming, and actively searching for products to produce have allowed Vietnamese pepper to conquer domestic and foreign markets at twice the price. double compared to today. Last year, many families replanted pepper trees.
Vietnam’s soil has a very diverse biodiversity and produces agricultural products including spices and seasonings with very special flavors that are different from similar products in the world. market, accounting for the highest proportion of export turnover. Pepper exports remain stable in the context of the COVID-19 outbreak, which has affected many other commodity groups.
