IT IS DIFFICULT FOR PEPPER PRICES TO REMAIN HIGH IN THE LONG TERM
In addition to people switching crops and challenges related to EUDR and emissions reduction, the pepper industry also faces competition from Brazil and Indonesia. MANY BARIERS WHEN TAKING ADVANTAGE OF THE GLOBAL MARKET Global pepper production in the 2023 - 2024...
CINNAMON, STAR ANISE, AND OTHER SPICES BENEFIT FROM THE INCREASING PRICE CYCLE OF PEPPER
Vietnam's cinnamon production now ranks first in the world, while star anise ranks second, after China. These products bring hundreds of millions of dollars to the country. CINNAMON – A STRONG COMEBACK WITHIN 20 YEARS Since 2018, the continuous increase in cinnamon...
VIETNAM’S CASHEW NUT IS HEADING TOWARDS HEALTHY FOOD MARKET
Demand for healthy food is increasing in many markets. This is an opportunity for Vietnam’s cashew nut. According to Ms. Nguyen Thi Hoang Thuy, Vietnam Trade Counselor in Sweden, the growing demand for healthy snacks combined with the need for stable and sustainable...
CASSAVA EXPORTS EARNED 291.51 MILLION USD IN THE FIRST TWO MONTHS
In the first two months of the year, Vietnam's export of cassava and cassava products earned 291.51 million USD, up 8.9% in value over the same period in 2023. EXPORTS TO MALAYSIA GREW STRONGLY IN BOTH VOLUME AND VALUE According to the General Department of Vietnam...
VIET NAM IS THE LARGEST NON-EU SUPPLIER OF PEPPER TO GERMANY
According to the European Statistics Agency (Eurostat), in 2023, Germany imported 16.52 thousand tons of pepper from the non-EU market, worth nearly 70.4 million EUR (equivalent to 76.57 million USD). This result was down 25.1% in volume and 34% in value compared to...
