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The Japanese increasingly like Vietnamese pepper

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According to statistics from the International Trade Center, Japan’s pepper imports in the first 2 months of 2021 reached 1,470 tons, valued at over $ 7 million, down slightly by 1% in volume, but up 6.6%. in value over the same period in 2020.
According to data from the General Department of Customs, a remarkable highlight of Vietnam’s pepper industry in the first quarter of this year is the strong growth of pepper exported to the Japanese market.

The average import price of Japanese pepper in the first two months of 2021 reached 4,754 USD / ton, up 7.7% over the same period in 2020. In which, the average import price of Japanese pepper increased from almost all major supply markets (excluding India).

The amount of pepper exported to Japan increased strongly in the first quarter of 2021

In the first 2 months of 2021, Japan increased its imports from a number of markets, including Vietnam. This is considered a good signal for Vietnam’s pepper exports in the context that exports to European and US markets are facing difficulties when the epidemic is still complicated.

Statistics show that, Japanese pepper imports from Vietnam in the first 2 months of 2021 reached 414 tons, worth approximately $ 2 million, up 44.3% in volume and 51.2% in value. prices over the same period in 2020.

Vietnam’s market share of pepper in total Japanese imports increased sharply from nearly 19.3% in the first 2 months of 2020, to over 28% in the first 2 months of 2021.