India closed H1 with a strong growth in pepper exports – 09 Sep 2021

– 43% increase in exports
– Sri Lanka was the main supplier

India’s exports increased by 43% in volume to 11,260 tonnes, worth USD45.8 million (+57% y/y) in H1 2021.

Crushed sales accounted for 54% of the total volume. The US was the main importer, accounting for 37% of the total volume.

Imports of whole product rose by 45% y/y in volume to 18,800 tonnes. Sri Lanka, Brazil and Vietnam were the main suppliers, accounting for 33%, 31% and 15%, respectively, of the total volume.

Indian prices have been stable at USD5,500/tonne ex-works nw Europe for MG1 grade since April, 19% more than in January 2021, according to IHS Markit.

Source:https://vietnamentrepreneurs.com/india-closed-h1-with-a-strong-growth-in-pepper-exports-09-sep-2021/