Financial Daily from THE HINDU group of publications
Tuesday, May 09, 2006
Financial Daily from THE HINDU group of publications Tuesday, May 09, 2006 |
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Agri-Biz & Commodities
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Spices & Condiments Industry & Economy - Exports & Imports Pepper exports from India, Vietnam rise G.K. Nair
Kochi , May 8 Exports of pepper from India and Vietnam have increased during January-March, while it declined in the case of Brazil and Indonesia. Indian shipments during this period stood at 4,600 tonnes as against 3,660 tonnes in January-March 2005. Total exports of pepper from India during the last fiscal is estimated around 16,700 tonnes valued at Rs 140 crore against 14,150 tonnes valued at Rs 121.40 crore.
Increased demand
Increased demand for value added pepper has pushed up the shipments from the country. Besides, the Indian prices by and large remained competitive in the international market, Spices Board sources told Business Line. Meanwhile, Vietnam continued to top in exporting pepper with substantial increase in January - March 2006. Total exports from Vietnam during the period was 26,574 tonnes, showing a tangible increase of 42 per cent compared with 18,743 tonnes shipped out during the same period last year. During the period, total exports of black pepper from Lampung, Indonesia were 4,098 tonnes, down by 7 per cent compared with 4,393 tonnes exported during January - March 2005. Unit values were much the same as last year.
Brazil slips
The decline of Brazilian exports continued in the first quarter of 2006 also. During January-March 2006 shipments of pepper from Brazil amounted 9,086 tonnes, representing a decrease of 1.9 per cent compared with pepper exports during the same period in 2005, amounting to 9,263 tonnes. However, in terms of value, pepper exports from Brazil during the first quarter of 2006 increased by 5.2 per cent, from $12.37 million in January- March 2005 to $12.84 in first quarter 2006. Export of pepper from Brazil declined by 16.2 per cent during 2005. In terms of value, the export earnings from pepper exports from Brazil declined by 40.6 per cent. During 2005, Brazil exported 33,977 tonnes of pepper valued at $46.38 million, compared with 40,529 tonnes valued at $60.2 million exported in 2004. Brazilian pepper is mainly exported to the US and European Union including Germany, Spain, Holland and France. Mexico, Argentina and Senegal are the other main importers of pepper from Brazil. The decline in the Brazilian pepper exports was attributed to the fall in pepper production from Brazil in 2005. In Brazil, the state of Para is the main pepper production area, contributing around 90 per cent of the total Brazilian output. Other smaller pepper producing areas are found in the states of Espirito Santo, Bahia and Maranhao. In 2005, the production of pepper in Brazil was reported to be around 35,000 tonnes, a decrease of 22.2 per cent over the 2004 production, which was estimated at 45,000 tonnes.
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