China is largest consumer of Vietnamese pepper over nine-month period
VOV.VN - China was the largest buyer of Vietnamese pepper over the past nine months of the year, with its purchasing volume increasing by nearly fourfold, according to the Vietnam Pepper Association (VPA).
VPA statistics show Asian countries purchased 114,343 tonnes from Vietnam, accounting for 55.9% of the country’s total export volume and representing a year-on-year rise of 39.9%.
China alone imported 55,958 tonnes, making up 27.4% of the total export volume and witnessing an increase of 373.6% year on year.
It was followed by the United States (37,431 tonnes, down 9.1%), the United Arab Emirates (9,327 tonnes, down 30.1%), India (9,238 tonnes, down 18.5%) and the Philippines (6,020 tonnes, up 24.7%).
Elsewhere, the export of Vietnamese coffee to the Americas and Europe fell 7.5% and 7.1% respectively, while that to Africa inched up 9.3%.
However, Vietnamese pepper exports to Turkey rose 70.8% to 3,495 tonnes and those to France went up 31.4% to 2,849 tonnes.
According to the International Pepper Community, the output from leading pepper producing countries such as Brazil, Indonesia and India is all forecast to decrease compared to 2022. However, economic uncertainties coupled with high inflation forced global consumers, especially in the US and EU, to tighten their belt, resulting in a fall in pepper imports.
