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Pepper conquer threshold "billion"

Update: 8/23/2014

s evaluated as commodities with high export potential, is gradually conquering pepper export turnover reaches the threshold figure of $ 1 billion this year. However, little pepper growing exports, it needed a long-term strategy to enhance the value-added for this item.

7 months of the year, still maintains pepper "style of" steady growth in terms of both price and quality with exports rising 46.1% and export prices increased by 10.6%. Calculated from January to June 7/2014, exports reached 119,000 tonnes target, an increase of nearly 29% compared to the same period in 2013, grossed $ 862 million. Ministry of Agriculture and Rural Development confirmed 4 import market of Vietnam's biggest target is the United States, Singapore, the United Arab unity and India maintained strong momentum and accounted for 46% of consumption Vietnam's exports.
Vietnam Pepper Association (VPA) that, by the end of 2014, exports will exceed the target of $ 1 billion with exports about 130,000 tonnes 125.000-.
While many agricultural commodities prices, export prices dropped again hit the highest level ever. VPA said, the last day of the month 7/2014, average prices in the Central Highlands and the South East were up to 188,000 187.000- / kg, even the prices of many households with high-quality, humidity below 12% have up to 200,000 VND / kg. This price is higher than 42.000- 55,000 / kg compared with the beginning of the year and higher 65.000- about 80,000 VND / kg compared with 1 or 2 years ago. Domestic consumer price increases due to increased world prices, on average 6 months of this year, the average price of black pepper $ 6,885 / ton, white pepper $ 9,716 / ton, up respectively 11.4% and 9.6 % compared to the same period in 2013.
Currently, Vietnam's target was present in more than 90 countries and territories, to hold an important position in the world pepper market. Commenting on the target export market last month, the International Association Pepper Community (IPC) said that total supply of 2014 crop year plus inventory are relatively small, some large exporters such standards India, Indonesia decreased from 15 to 20% yield to supply the world prediction fails to meet demand.
In the evaluation report national export potential has been the Ministry of Industry and Trade announced, targets are placed in groups with high export potential and acreage targets are also expanding. However, the consultant recommends: process technology and pepper processing has not been a lot of interest, mostly black pepper and white pepper not ground. Therefore, to develop the potential of commodities should promote the application of science and technology in order to improve the processing of export value target.
According to VPA, to ensure sustainable export growth in the future, pepper production under GAP standards is urgent requirement, requiring urgent action by many practical solutions.

Duy Minh City

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