Interesting Vietnam pepper

(CDC) - Pepper is an interesting exception compare with the other export products of agricultural when price was alway high for 8 years, especially the last 3 years. Vietnam Pepper accounts for 30% of production and over 50% market share of global trade, what is more important is the role and position Vietnam pepper industry gradually improved as many countries begin to get the price of Vietnam for reference. Recently, the World Association Pepper - IPC proposed move headquarters from Indonesia, the largest pepper volume country on the world to Vietnam.

First 5 months of 2014, pepper exports remained so strong as 33.6% and 42.3% in value to 92,000 tons of pepper export turnover of U.S. $ 645 million. According to the Vietnam Pepper Association (VPA), with this schedule, this year, pepper exports will exceed $ 1 billion with export volume of about 125000-130.000 tons. Pepper export turnover of nearly $ 900 million in 2013. Thus, the industry "baby" as Pepper had the opportunity to participate in club agricultural products export $ 1 billion less that 10 years ago nobody thought of. But now, Vietnam Pepper overwhelming proportion accounted for 30% of exports and over 50% market share in the world trade. So VPA confident that, if businesses and farmers unanimously one step further, Vietnam Pepper items will afford regulating world market prices. Because in exports, this is not agricultural and aquatic products output single transaction accounting and overwhelming, butVietnam pepper industry first step is to establish the role and influence on international trading market.

Taking care pepper plants

We can say that the period 2011 - 2014 was the golden period in the history of the development of Vietnam‘s pepper. According to the IPC, with the curent production and global trade of pepper, can be predicted 2015 and 2020, Vietnam‘s pepper is still much potential and competitive advantages for both countries in terms of productivity and costs, especially for Indonesia and Brazil, the country had the world‘s highest output before emerging to dominate Vietnam. IPC CEO, Mr Kannan, said that despite the circumstances, Vietnam is still producing country and the largest pepper exporter in the world. It is worth mentioning, 3-4 years, the impact of the economic recession makes the financial world export more agricultural products were deteriorating, not less unprofitable businesses, but the pepper industry growth still strong, many records in volume production, turnover and price setting through each consecutive year.

Affirming the role

From the absence of a place and speculators often dominates the price, so they spend far more solid Vietnam on the international market. World Community pepper look with the eyes of Vietnam to respect, listen and share. During the 1990s, Singapore dominated transaction pepper to import large amounts, up to 44,000 tons / year, of which Indonesia is the main supplier with 50% of the entry of Singapore. But then pepper Singapore trade fell sharply, to 10,000 tons in 2010. According to VPA, this reduction is mainly due to the import of goods purchased directly from the producing countries, especially Vietnam. Currently, the market share of Vietnam‘s pepper exports to Europe accounted for 34%, Asia 36%, Americas 20% and Africa 10%. Singapore has recently had a change in trade, so the amount of pepper into Singapore increased again, reaching 20,200 tons in 2013, but the supply has largely moved past Vietnam, the pepper gives Singapore accounted for 60%, Indonesia 28% only.

The leading producer and exporter countries of pepper as Brazil, Indonesia has been linked to import and export to Vietnam tens of thousands tons / year. IPC CEO, Mr Kannan, also officially proposed move headquarters from Indonesia to Vietnam by the position and role of the Vietnam Pepper increasingly influential on the international market. Coming here, Vietnam will be the host country to host the International Conference on pepper by IPC in collaboration with the Ministry of Agriculture and Rural Development held in HCM City. It is worth mentioning, quality and types of products increasingly rich pepper. From the main export of black pepper, now exports more white pepper, pepper powder, pepper spice to-table food consumer countries in Europe, Middle East, North America ... to increase product value income and increasing profits.

Specialist: tintucnongnghiep