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Germany reduces imports of pepper from Vietnam

 Last Update: 2021-09-18
 Source: Internet
 Author: User

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Vietnam’s "Business Daily" reported on September 10 that the complex development of the new crown epidemic has had a negative impact on Vietnam’s exports of pepper to Germany
.
Compared with other producing countries such as Brazil and Sri Lanka, high freight rates reduce the competitiveness of Vietnamese pepper products in Germany
.

The recovery of the German economy has boosted the consumption of food, including pepper
.
Germany's growing middle class may consume more pepper in its daily diet
.
The European pepper supply must be fully imported
.
Therefore, the entire European market, especially the German market, has been looking for product suppliers with stable quantity and quality; delivery time is punctual and food safety meets regulations
.
Germany is Europe's largest pepper importer and trader
.
Since 2013, the demand for pepper in Germany has been stable
.
Due to the impact of the new crown epidemic, Germany's pepper imports decreased in the first half of this year
.

The Import and Export Bureau of the Ministry of Industry and Trade of Vietnam quoted statistics from Eurostat as saying that in the first half of this year, German pepper imports amounted to 14,249 tons, with an import value of 43.
14 million euros (50.
86 million US dollars), a year-on-year decrease of 10.
8% and an increase in imports.
3.
0%
.
In the first half of this year, the average import price of pepper in Germany reached US$3,569/ton, a year-on-year increase of 15.
5%
.
Among them, with the exception of Sri Lanka, the average price of most German pepper suppliers has increased
.

　　In the first half of this year, Germany reduced its pepper imports from Vietnam, the Netherlands, and Indonesia, but increased its imports from Brazil and Sri Lanka
.
According to Eurostat data, in the first half of this year, Germany imported 4,533 tons of pepper from Vietnam, with an import value of 13.
71 million euros (16.
16 million US dollars), a year-on-year decrease of 21.
9% in imports, and a 4.
5% year-on-year decrease in imports
.

　　Vietnam’s share of Germany’s total pepper imports fell from 36.
34% in the first half of last year to 31.
82% in the first half of this year
.

　　The German market has very strict product requirements
.
Products exported to Germany must comply with the restrictions on pesticides in European law
.
And the Vietnamese retail suppliers do not meet the pesticide requirements or do not meet the traceability requirements
.
Therefore, in order to export pepper to the German market steadily and sustainably, the Vietnamese pepper industry needs to fully meet the requirements of product quality and clear origin
.

Outbreak exports pepper to Brazil

import

　　Vietnam’s share of Germany’s total pepper imports fell from 36.
34% in the first half of last year to 31.
82% in the first half of this year
.

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