Weekly Publications

WPB Week #42/17, 16-20 October 2017

it.assistant@ipcnet.org 20 Oct 2017 11

Prior to the 45th Annual Session of IPC held on 30 October-2 November 2017 in Kandy, Sri Lanka, the market is experiencing a declining trend. During the week, except in India and Sri Lanka, the price decreased further. The declining price situation is the main issue which will be discussed in the upcoming session and is expected solid cooperation among members and all stake-holders will resulting fruit-full solution for betterment future pepper industry.

EXPORT OF PEPPER FROM VIET NAM
As reported in the previous issue in this Bulletin, production and export of pepper in Viet Nam is estimated to remain high this year, even higher from last year. Official source reported that production of pepper in Viet Nam during 2016 was 170,000 Mt, recording a substantial increase from 122,000 Mt in 2015. Together with pepper imported from other sources Viet Nam recorded a fantastic export of 179,000 Mt in 2016 as against 134,000 Mt in 2015. Given the situation of continuous good weather, production of pepper in 2017 is reported to have remain good, even better than 2016. Hence, export of Viet Nam in 2017 is estimated to increase further.

Viet Nam News Agency reported that export of Viet Nam is estimated about 181,000 Mt valued at US$ 966 million during the first nine months (January-September 2017). The export respresented an increase of 23% in quantity, but decreased 19% in value. Observing export performance in the previous months and exports in October ÔÇô December 2016 (31,000 Mt), it is estimated that total export of pepper from Viet Nam this year would be easily cross 200,000 Mt. Considering current fruit setting performance and information from some sources however, production of pepper in Viet Nam for the upcoming crop season is forecasted to be lower. Viet Nam Pepper Association predicts that 2018 production would be around 160,000 Mt.

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