Vietnam Solidifies Position as Leading Star Anise Supplier
Vietnam continues to affirm its role as a leading star anise supplier globally, thanks to the spice's distinctive aroma and versatile applications across the food, pharmaceutical, and cosmetics industries. Over 12,000 Tons were Exported in 11 Months.
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Impressive Export Statistics
According to the Vietnam Pepper Association (VPA), Vietnam exported 1,147 tons of...
Pepper Prices and Market Trends – December 23, 2024
The Vietnamese pepper market remains robust, with pepper prices holding steady at 144,500 - 145,300 VND/kg. Despite the typical year-end dip in demand, local prices are relatively high. Meanwhile, export prices are showing upward momentum, increasing by 100-200 USD/ton over the past week due to tightening global supply.
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Domestic Market...
Vietnam Exported Over 90,000 Tons of Cinnamon in 11 Months
The Vietnam Pepper and Spice Association (VPSA) has reported impressive growth in Vietnam's cinnamon exports during the first 11 months of 2024. Vietnam exported a total of 90,270 tons of cinnamon, earning $249.2 million in export revenue. Compared to the same period in 2023, export volume increased by 10.2%, and...
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Pác Nặm Welcomes a Bountiful Turmeric Harvest Season
As the turmeric harvest season begins in Pác Nặm, Bắc Kạn, the region bursts into hues of gold. Farmers across the area are busy reaping their turmeric crops, marking a time of celebratitraon and prosperity. Known as the "gold season," turmeric cultivation has become a cornerstone of economic growth for...
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Bac Ha Farmers Earn Over 270 Billion VND Annually from Cinnamon Cassia
Nestled in Vietnam's northern highlands, Bac Ha has become a thriving center for cinnamon cassia cultivation. With 10,662 hectares dedicated to this valuable crop, the region’s farmers are transforming their livelihoods while contributing significantly to the spice market.
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Bac Ha - Lao Cai: A Cinnamon Cassia Hub
Cinnamon is widely grown in...
Vietnamese Agricultural Exports: Breaking Records in 2024
Vietnam’s agricultural industry is witnessing an unprecedented surge in exports, with several billion-dollar items breaking records in 2024. According to the Ministry of Agriculture and Rural Development (MARD), the total export turnover for the first 11 months of 2024 reached an impressive $56.74 billion, a 19% increase compared to the...
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Vietnam: A Leading Star Anise Supplier to Global Markets
Vietnam continues to solidify its position as a top star anise supplier, earning an impressive $52.6 million in export revenue during the first 10 months of 2024. This iconic spice is not just a staple of Vietnamese agriculture but a sought-after product in international markets, including India, the US, and...
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Vietnam: A Leading Cinnamon Supplier for the Global Market
Vietnam's cinnamon industry has cemented its position as a global leader in the export of high-quality cassia cinnamon. As one of the top three cinnamon producers worldwide, Vietnam boasts a thriving cinnamon industry supported by 180,000 hectares of cinnamon plantations in the mountainous regions of the North and North Central...
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Expanding into Halal Markets: Vietname Black Pepper and Spice Industry
Vietnam’s black pepper and spice industry is making significant strides toward sustainable production, focusing on meeting strict international standards, including Halal certification. With Vietnam supplying 11% of the global spice market, the country is committed to building a robust, eco-friendly supply chain that caters to key markets like the US,...
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Fresh Ginger: Harvesting Season in Si Ma Cai, Vietnam
As the cool breeze sweeps through the picturesque hills of Si Ma Cai, local farmers are bustling with activity, harvesting fresh ginger on terraced fields and mountain slopes. This season, ginger crops have flourished, boasting high yields and stable prices, bringing joy and prosperity to the farmers.
On the mountain slopes,...
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Pepper Prices Today (Nov 19, 2024): Market Trends and Future Outlook
Pepper prices in Vietnam and the global market continue to attract attention from importers and producers alike. Today, November 19, 2024, domestic pepper prices in Vietnam remain stable, ranging from 139,000 to 140,000 VND/kg. This stability is a promising indicator for growers and traders, with a slight upward trend forecasted...
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Vietnamese Spices Thrive Globally: Ginger and Turmeric Exports Reach $45 Million in 2024
Vietnam's vibrant spice industry is making its mark on global markets. In the first nine months of 2024, Vietnam exported 21,841 tons of ginger, turmeric, and other spices, generating nearly $45 million in revenue. Though export volume decreased by 28.3%, the export value rose 9.9%, reflecting strong global demand for...
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India: The Largest Export Market for Vietnamese Star Anise
Vietnam’s star anise exports have maintained strong demand globally, with India remaining the top export market. Over the first nine months of 2024, Vietnam exported 9,822 tons of star anise, bringing in nearly $47 million.
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Vietnam's Star Anise Exports in 2024: Key Statistics
According to the Vietnam Pepper and Spice Association...
Vietnamese Spice Market Update with VGE: November Trends and Prices
Welcome to VGE’s latest market update, where we keep you informed on current trends and prices for Vietnamese spices. Here’s what’s happening in November:
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Pepper Prices
Pepper prices remain high, though we’ve seen a slight dip with prices down by 500-1,000 VND/kg on average. The Ministry of Industry and Trade’s Export-Import Department...
Vietnam’s Cinnamon Exports Reach New Milestone in 2024
Vietnam’s cinnamon industry is quietly making its mark globally, with exports reaching 69,350 tons and earning over $194.2 million in the first nine months of 2024. At VGE (VietGlobal Export), we’re thrilled to bring you closer to this success story and explore how Vietnam’s beloved spice is winning over global...
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Finger Turmeric Harvest Season is Approaching
As November kicks off, all eyes are on turmeric—a vibrant, in-demand spice. Among its popular forms is finger turmeric, derived from the Curcuma longa plant rhizomes.
Known for its rich color and high curcumin content, this variation serves a wide range of culinary, medicinal, and industrial uses. With the season...
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Sea Freight Rates in 2025: What Spice Buyers Need to Know
As we approach 2025, sea freight rates remain a crucial factor for spice buyers worldwide. The trends emerging in freight costs have profound implications, impacting everything from shipping timelines to total product costs. VietGlobal Team brings you an easy-to-understand look at what’s influencing sea freight prices and what the outlook...
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Building a Sustainable Supply Chain for Cigarette Cinnamon
Vietnamese cinnamon products are exported to over 30 countries, including major markets like the United States and India, where demand is high but requires strict quality standards. Meeting these standards has prompted key improvements in the production and processing of Vietnamese cigarette cinnamon to boost its appeal worldwide.
In...
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Vietnam Leads the Way in Cinnamon Exports
Vietnam’s cinnamon exports continue to thrive, with the country solidifying its position as the world’s leading exporter of high-quality cinnamon. In the first eight months of 2024, cinnamon exports from Vietnam reached a value of $177 million, reflecting the rising global demand for this aromatic spice in key markets, such...
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Fresh Ginger Harvest in Full Swing
This October, the ginger harvest is in full swing, offering a fresh bounty for spice lovers and bulk buyers. As cooler weather arrives, ginger becomes the star spice, known for its warm, spicy kick that enhances both culinary creations and well-being. The VietGlobal team is excited to announce that our...
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