Report of the pepper market and other spices in August, 2024

      In August 2024, Vietnam exported 19,399 tons of pepper, black pepper reached 17,391 tons, white pepper reached 2,008 tons. Total export turnover reached 117.0 million USD, 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 United States broke the highest record ever 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: 1,080 tons, down 23.7%; UAE: 847 tons, down 66.2%. Exports to China reached only 329 tons, down 45.7% compared to the previous month.

Pepper_Cassia_Star Anise_Other Spices Market Update Week 36 – Monthly AugustTải xuống