The trend of pepper price in Vietnam

As VPA, In the first 17 days of November, 2022, Vietnam exported 9,164 tons, export turnover reached 32.6 million USD. The trend of pepper price are expected to increase in end of last year.

However, As In 2022, it is expected that the supply of the main producing countries will decrease due to unfavorable weather and low pepper prices in previous years; as a result, growers have not concentrated on care that affects the yield of pepper. Due to climate change, the crop in 2022 is expected to be slower.

Meanwhile, the Covid-19 pandemic has had a number of consequences, including higher fertilizer prices and labor scarcity, both of which are affecting pepper production in the year 2022. The production forecast for the countries is as follows:

The Trend of pepper price

  • Vietnamese pepper production is estimated to reach 200,000 tons in 2022.
  • Brazil will produce 105,000 tons of pepper,
  • India will supply 60,000 tons, 
  • And Indonesia will produce 50,000 tons.

In 2022, total output is estimated to reach 520 thousand tons, with an inventory of around 50,000 tons. As a result, global output is expected to reach 570 thousand tons in 2022.

How pepper price will be predicted in this year?

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