Exporters targeting high-standard markets that impose strict quality requirements but offer attractive profit margins must pay greater attention to quality control for enhancing product consistency and resilience in the face of market fluctuations.
Vietnam exported 20,244 tonnes of various types of pepper in March, earning 141.6 million USD. The figures represented increases of 41.3% in volume, and 45.6% in value month-on-month, and a decrease of 21.2% in volume and a rise of 27.9% in value year-on-year.
According to the Vietnam Pepper and Spice Association, the country exported 28,000 tonnes of pepper during this period, generating an impressive revenue of 188.7 million USD.
The Vietnam International Pepper and Spice Outlook 2025 (VIPO 2025) opened in Ho Chi Minh City on March 3, attracting more than 300 participants, who are experts, domestic and international producers and exporters, farmers, and representatives from localities.
Vietnam’s pepper industry is set for an eventful year in 2025 as global production continues to decline while demand from key markets fluctuates, creating both challenges and opportunities for exporters.
Despite a 5.1% drop in export volume, Vietnam’s pepper industry recorded a 45.4% increase in export turnover in 2024, reaching nearly 1.4 billion USD, according to the Vietnam Pepper and Spice Association (VPSA).
Vietnam exported 235,335 tonnes of pepper, including 207,498 tonnes of black pepper and 27,837 tonnes of white pepper, in January - November to earn 1.22 billion USD, with the US being the biggest importer, according to the Vietnam Pepper and Spice Association (VPSA).
Vietnam could ship more than 1 billion USD worth of pepper abroad for the whole 2024 on the back of high global demand and limited supply, according to the Vietnam Pepper and Spice Association (VPSA).
Vietnam’s pepper export earnings surged by 40.8% year-on-year to 764.2 million USD in the first seven months of this year, despite a slight decline of 2.2% in export volume, according to the Vietnam Pepper and Spice Association (VPSA).
Vietnam exported 35,000 tonnes of peppercorn worth 143 million USD in the first two months of 2024, down 12.3% in volume but up 12.9% in value, reported the Ministry of Agriculture and Rural Development (MARD).
Asia is the largest market for Vietnamese peppercorns, accounting for 52.7% of the nation’s total export volume of the product, heard the Vietnam Pepper and Spice Association (VPSA)’s annual conference held in Hanoi on January 25.