Weekly Publications

WPB Week #10/17, 6 - 10 March 2017

it.assistant@ipcnet.org 10 Mar 2017 2

The market has declined further, particularly in Vietnam, which is now in the peak of harvesting season. In addition to the increased arrivals of new material from current harvest, limited overseas demand has also contribute to the declining trend. As the largest producing and exporting countries, market development in Vietnam somewhat influences market direction in other countries as well.

In local market, domestic price of black pepper in HCMC decreased to VND 98,500 per Kg from VND 112,500 per Kg last week. In the case of white pepper has decreased by VND 15,000 per Kg to VND 137,500 per Kg at the weekÔÇÖs close. On an average, local price of pepper in HCMC decreased by 11% for black and 8% for white pepper.

IMPORT OF PEPPER BY GERMANY:
In 2015 Germany imported 29,200 Mt comprising of 26,400 Mt of whole and 2,800 Mt of ground pepper, an increase of 13% from 26,000 Mt in 2014. Brazil was the main supplier for Germany followed by Vietnam and Indonesia. Netherlands the trading countries in Europe also supplied significant quantity of whole and ground pepper to Germany.

In 2016 import of pepper into Germany is estimated to have experienced a marginal decrease to 28,500 Mt from 29,200 Mt in 2015. This was likely due to reduction of pepper supplied from Brazil in line with production fall of Brazil in 2016. From 10,300 Mt of pepper imported from Brazil in 2015 decrease to 9,200 Mt in 2016. Vietnam and Indonesia supplied 7,000 and 3,000 Mt respectively. Netherland supplied 4,200 Mt (2,200 Mt of whole and 2,000 Mt of ground pepper) in 2016.

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