Export of ground white pepper in the first 8 months of 2021 increased sharply

11/11/2021

In the first 8 months of 2021, exports of most pepper varieties decreased in volume, except for ground white pepper. […]

In the first 8 months of 2021, exports of most pepper varieties decreased in volume, except for ground white pepper. In addition, the export rate of processed pepper is lower than that of raw pepper. Statistics from the General Department of Customs show that black pepper exports reached 150.6 thousand tons, worth $ 469.6 million, down 12.2% in volume, but up 35% in value compared to 8 In the first month of 2020. Meanwhile, exports of ground black pepper decreased by 3.3% in volume, but increased by 21.3% in value, reaching 20.84 thousand tons, worth USD 73.58 million. In the first 8 months of 2021, exports of white pepper decreased by 8.1% in volume, but increased by 38.2% in value compared to the first 8 months of 2020. In contrast, exports of ground white pepper increased by 64% in volume. and increased 106.1 percent in value.

Meanwhile, the growth rate of the average export price of raw pepper increased more strongly than that of the processed form. In the first 8 months of 2021 compared to the first 8 months of 2020, the average export price of black pepper reached 3,118 USD/ton, up 53.7%; ground black pepper increased by 25.4%, reaching 3,531 USD/ton. The average export price growth rate of white pepper was 50.3%, while that of ground white pepper increased by 25.7%.