Speaking at the conference, Chairperson of the Vietnam Pepper and Spice Association (VPSA) Hoang Thi Lien stated that by the end of October 2024, Vietnam exported 219,387 tons of various types of pepper, with a total export value of more than US$1.1 billion.

Export volume decreased by 1.9 percent compared to the same period last year, meanwhile, export value increased by 48 percent.

The average export price of black pepper reached US$4,971 each ton, an increase of US$1,528; meanwhile, pepper export price reached US$6,626 per ton, an increase of US$1,671 compared to the same period in 2023.

Regarding export markets, the Asian market saw a 32.7 percent decrease; the American market saw an increase of 43.7 percent and the European market increased by 31.8 percent.

Source: SGGP News