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Viet Nam continues to be world's leading pepper exporter
Viet Nam would remain the world's leading pepper exporter this year, industry's experts said yesterday.
"The total pepper volume could exceed last year's figure," Viet Nam Pepper Association Chairman Do Ha Nam said.
"The total pepper volume this year may reach about 100,000 tonnes, an increase of 5.3 per cent over the last year," Nam said. "With the stockpiled volume, the export turnover could reach 115,000 tonnes, the same level as last year."
In addition, the world supply of pepper this year was forecast to be less than the demand.
Viet Nam exports 60 per cent of the world's total pepper export volume.
The Ministry of Agriculture and Rural Development reported that the pepper export turnover in January year-on-year jumped by 40.7 per cent despite a decrease of 7 per cent in volume.
In the first month of this year, the industry exported 7,000 tonnes of pepper, worth US$33 million.
Recently, about 17 pepper manufacturers with modern equipment have been established in the country with the total capacity of 60,000 tonnes a year. Ten of the 17 have reached international standards.
The quality has also improved with manufacturers from foreign countries such as Japan, India and Netherlands investing in local processing.
Since 2002, Viet Nam has increased its pepper volume while many countries have experienced a decrease in volume.
Vietnamese pepper has been exported to 80 nations and territories.
Since 2001, Viet Nam has been a leading pepper exporter in the world with the average export volume of 80,000 tonnes per year.
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