Weekly Publications

WPB Week #14/16, 04-08 April 2016

it.assistant@ipcnet.org 08 Apr 2016 3

In India, the market showed a movement with a slight increasing trend. Local price of Malabar black Pepper in Kochi increased daily from INR 653 per Kg at the beginning of the week to INR 668 on Thursday. On an average, Pepper price in Kochi increased marginally by 1% when compared with the average price of last week. In Lampung, Bangka, Sarawak and Sri Lanka the prices were reported stable. A marginal increase in dollar prices was due to strengthening of local currency in these producing countries against US dollar.

In Vietnam, the harvest is almost completed and an increase of around 10% in production of Pepper is reported. Since out-put of Pepper harvest in India has decreased and upcoming Pepper crop in Indonesia is also anticipated to be down significantly; total production of Pepper this year is estimated to be more or less same with 2015 production and prices is estimated to remain high this year.

IMPORT OF PEPPER BY GERMANY:
Germany is the most important Pepper consuming countries in Europe. During 2015, Germany imported 29,230 Mt of pepper, comprising of 26,430 and 2,800 Mt of whole and ground Pepper respectively, as against 25,960 Mt (23,500 Mt of whole and 2,460 Mt of ground pepper) in 2014, registering an increase of 13% growth. The import however was still marginally lower from the highest import of 31,000 Mt recorded in the year 2013. Brazil remained the most important source, for import of Pepper to Germany in the year 2015, followed by Indonesia and Vietnam. Netherlands and India also exported significant quantity of whole and ground Pepper to Germany.

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