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    Market Updates

    Market Updates

    Latest update in spices and food ingredients!

    (February 2024 re-upload) South Korea expects production of radish and cabbage will decrease in 2024 compared to last year, while onion and green onion production will increase The Korea Rural Economic Institute forecasts a reduction in the farming area dedicated to leafy root vegetables like cabbage, radish, and carrots, with Read more…

    By World Food, 1 yearMarch 24, 2024 ago
    Market Updates

    Latest update in spices and food ingredients!

    (October 2023 re-upload) BLACK PEPPER: VIETNAM, INDONESIA & BRAZIL The harvest in Indonesia is over, the overall crop size in this origin continues to decrease. Export volumes until  July 2023  were  down by 46% YoY. At the current rate, it looks like Indonesia will lose its position as major player Read more…

    By World Food, 1 yearDecember 20, 2023 ago
    Market Updates

    Latest updates in spices and food ingredients!

    BLACK PEPPER: VIETNAM From January to September, Vietnam recorded a 15% increase in pepper exports, totalling 204 KMT. Notably, China emerged as the biggest importer with 56 KMT, marking a fourfold surge and compensating for reduced quantities in 2022. However, Chinese demand significantly dwindled in Q3. Concurrently, exports to the Read more…

    By World Food, 1 yearDecember 20, 2023 ago
    Market Updates

    Latest updates in spices and food ingredients!

    BLACK PEPPER: WORLDWIDE India: The Indian black pepper market is expected to remain tight in the coming months due to a decline in production. The country’s production is estimated to fall by 10% in 2023-2024, due to a combination of factors including unfavorable weather conditions and pests. This has led Read more…

    By World Food, 2 yearsSeptember 24, 2023 ago
    Market Updates

    Latest updates in spices and food ingredients!

    BLACK PEPPER: WORLDWIDE India: The Indian black pepper market is expected to remain tight in the coming months due to a decline in production. The country’s production is estimated to fall by 10% in 2023-2024, due to a combination of factors including unfavorable weather conditions and pests. This has led Read more…

    By World Food, 2 yearsSeptember 24, 2023 ago
    Market Updates

    Latest updates in spices and food ingredients!

    BLACK PEPPER: VIETNAM The harvest is currently underway in Espírito Santo, Brazil’s largest producing province. The crop suffered some damage due to excessive rains earlier in the year, leading to damage to pepper vines. However, this setback was partially mitigated by an expansion in acreage. Notably, Espírito Santo is a Read more…

    By World Food, 2 yearsAugust 24, 2023 ago
    Market Updates

    Latest updates in spices and food ingredients!

    BLACK PEPPER: VIETNAM The harvest is currently underway in Espírito Santo, Brazil’s largest producing province. The crop suffered some damage due to excessive rains earlier in the year, leading to damage to pepper vines. However, this setback was partially mitigated by an expansion in acreage. Notably, Espírito Santo is a Read more…

    By World Food, 2 yearsAugust 24, 2023 ago
    Market Updates

    Latest update in Spices and Food Ingredients!

    BLACK PEPPER: VIETNAM Last week, the price of pepper fell from 74,000 VND to 73,000 VND, a 1.35% decrease. The relatively quiet demand in key markets such as China, the United States, and the European Union made market transactions quite gloomy over the last week. Exports are expected to reach Read more…

    By World Food, 2 yearsJuly 19, 2023 ago
    Market Updates

    Latest update in Spices and Food Ingredients!

    BLACK PEPPER: VIETNAM Last week, the price of pepper fell from 74,000 VND to 73,000 VND, a 1.35% decrease. The relatively quiet demand in key markets such as China, the United States, and the European Union made market transactions quite gloomy over the last week. Exports are expected to reach Read more…

    By World Food, 2 yearsJuly 19, 2023 ago
    Market Updates

    Latest update in Spices and Food Ingredients!

    CHERRY TOMATO, ZUCCHINI AND BELL PEPPER: SPAIN The cost of producing greenhouse vegetables in Spain has significantly increased since 2021, mainly due to the unprecedented rise in prices of inputs and supplies like electricity, water, agricultural diesel, and plastic consumables. This has affected greenhouse farms that are highly intensified, making Read more…

    By World Food, 2 yearsMay 3, 2023 ago

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