Weekly Publications

WPB Week #21/17, 22-26 May 2017

it.assistant@ipcnet.org 26 May 2017 7

The market continued to weak and price decreased further. In Viet Nam price decrease was recorded very fast in the last few months. This week the local price has touched the low historical level of VND 81,000 (US$ 3.5) per Kg for black recorded in the last seven years (since 2010). In India the price also decrease but was relatively better than price at other sources (US$ 7.7 per Kg traded locally this week from US$ 8.1 per Kg last week). Very drastic fall in price has made farmers depressed. Many farmers in almost all producing countries have loaned money from banks for investing pepper farms and expanding the gardens. If the price continues to decrease, it would loss farmersÔÇÖ spirit to maintain the gardens. This situation is hitting seriously pepper farmers in Indonesia, especially in Lampung where production of pepper will be down this year. It is expected all stake-holders to look in to this seriously, to avoid of further decrease and maintain price at remunerative price level.

IMPORT OF PEPPER BY FRANCE
France is one of the important consuming countries in Europe. In 2016 France imported 11,500 Mt of pepper comprising of 8,500 Mt of whole pepper and 3,000 Mt of ground pepper, an increase of 13% when compared to 10,200 Mt of pepper (7,520 Mt of whole pepper and 2,680 Mt of ground pepper) imported in the previous years (2015). Viet Nam emerged the most important supplier of pepper for France in 2017, replacing Brazil and Indonesia to the second and third position. Germany also supplied significant quantity of pepper into France mainly ground pepper, recording 47% of ground pepper imported into France was from Germany.

In 2017 import of France is estimated to remain high as indicated by total import in the first quarter of 2017. During January-March 2017, France has imported 2,800 Mt (2,100 Mt of whole pepper and 700 Mt of ground pepper), as compared to 2,780 Mt imported in the same period last year. In the first quarter, Brazil and Indonesia were the main suppliers for France, together supplying 43% of pepper into France and Viet Nam alone followed by about 15%.

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