Vietnam Pepper Comprehensive Report Q4.2019
VIETNAMESE PEPPER INDUSTRY
Pepper is the most popular spice in the world today, is a high-grade spice, taking a leading role (about 34%) in the total value of spice production traded in the world. The demand for pepper in the world is increasing, making commercial activities in the pepper market vibrant. The world pepper prices fluctuate based on the price fluctuations in large pepper exporting countries such as Vietnam, Brazil, Indonesia, India.
The pepper industry is one of the agricultural sectors that makes an important contribution to Vietnam's agricultural sector. The area of pepper in Vietnam has continuously increased strongly from 2012 to 2018 with the annual CAGR of 20.24% due to the strong increase in pepper price in the period of 2012 - 2015, making farmers in pepper growing regions continuously expand new plant area.
Vietnam's pepper output grew continuously with an estimated CAGR of 12.1% in the period of 2012-2018, accounting for 4x% of total global pepper production, of which black pepper accounted for a major proportion with 8x% of total production.
In Q4/2019, the export production of pepper of all kinds was estimated to increase xx.x% over the same period in 2018. The total export turnover decreased by xx.x% compared to the first quarter of 2018. Although the pepper export volume of Vietnam has continuously increased in the past years and become the largest pepper exporter in the world, Vietnam's pepper export in 2019 is forecast to be difficult when the supply exceeds the demand.
The average export price of pepper in Vietnam increased sharply in the period of 2012 to 2015, then has fell sharply from the end of 2015 until now. Generally in the first 3 months of 2019, the export pepper price decreased by xx% compared to the same period last year, which led to the decreasing revenue of many enterprises in the industry in 2018.
Pepper is the most popular spice in the world today, is a high-grade spice, taking a leading role (about 34%) in the total value of spice production traded in the world. The demand for pepper in the world is increasing, making commercial activities in the pepper market vibrant. The world pepper prices fluctuate based on the price fluctuations in large pepper exporting countries such as Vietnam, Brazil, Indonesia, India.
The pepper industry is one of the agricultural sectors that makes an important contribution to Vietnam's agricultural sector. The area of pepper in Vietnam has continuously increased strongly from 2012 to 2018 with the annual CAGR of 20.24% due to the strong increase in pepper price in the period of 2012 - 2015, making farmers in pepper growing regions continuously expand new plant area.
Vietnam's pepper output grew continuously with an estimated CAGR of 12.1% in the period of 2012-2018, accounting for 4x% of total global pepper production, of which black pepper accounted for a major proportion with 8x% of total production.
In Q4/2019, the export production of pepper of all kinds was estimated to increase xx.x% over the same period in 2018. The total export turnover decreased by xx.x% compared to the first quarter of 2018. Although the pepper export volume of Vietnam has continuously increased in the past years and become the largest pepper exporter in the world, Vietnam's pepper export in 2019 is forecast to be difficult when the supply exceeds the demand.
The average export price of pepper in Vietnam increased sharply in the period of 2012 to 2015, then has fell sharply from the end of 2015 until now. Generally in the first 3 months of 2019, the export pepper price decreased by xx% compared to the same period last year, which led to the decreasing revenue of many enterprises in the industry in 2018.
Abbreviations
Executive summary
1. BUSINESS ENVIRONMENT
1.1. Macroeconomic situation
1.2. Legal framework
1.3. Trade agreements
2. GLOBAL PEPPER MARKET
2.1. Current situation
2.1.1. Definition and classification
2.1.2. Production
2.2. Consumption
2.3. Import - Export
2.3.1. Export
2.3.2. Import
2.4. Pepper prices movement
2.5. Pepper markets in key countries
3. VIETNAM PEPPER MARKET
3.1. History of formation and development
3.2. Industry value chain
3.3. Production process and technology
3.4. Production
3.5. Consumption
3.6. Import - Export
3.7. Pepper prices movement
3.8. Purchase and payment
3.9. Risk and Swot analysis
3.9.1. Risks
3.9.2. SWOT
3.10. Planning and forescasts
3.10.1. Planning
3.10.2. Forecasts
4. ENTERPRISE
4.1. Enterprise introduction
4.2. Enterprise analysis
Appendix of financial statements
Executive summary
1. BUSINESS ENVIRONMENT
1.1. Macroeconomic situation
1.2. Legal framework
1.3. Trade agreements
2. GLOBAL PEPPER MARKET
2.1. Current situation
2.1.1. Definition and classification
2.1.2. Production
2.2. Consumption
2.3. Import - Export
2.3.1. Export
2.3.2. Import
2.4. Pepper prices movement
2.5. Pepper markets in key countries
3. VIETNAM PEPPER MARKET
3.1. History of formation and development
3.2. Industry value chain
3.3. Production process and technology
3.4. Production
3.5. Consumption
3.6. Import - Export
3.7. Pepper prices movement
3.8. Purchase and payment
3.9. Risk and Swot analysis
3.9.1. Risks
3.9.2. SWOT
3.10. Planning and forescasts
3.10.1. Planning
3.10.2. Forecasts
4. ENTERPRISE
4.1. Enterprise introduction
4.2. Enterprise analysis
Appendix of financial statements
LIST OF TABLES
Table 1: Various characteristics of black and white pepper
Table 2: Top largest pepper exporting countries in the world by volume (ton), 2017-2018
Table 3: Pepper harvest time in major producing countries around the world
Table 4: Name of equipment in black pepper processing line
Table 5: Physical properties of black pepper
Table 6: Chemical properties of black pepper
Table 7: ASTA standard table
Table 8: IPC standard for black pepper
Table 9: IPC standards for white pepper
Table 10: Top countries importing pepper by value (USD), 2016 - 2017
Table 11: Pepper harvest time and schedule for Vietnam's pepper areas
Table 12: TOP TYPICAL EXPORTING ENTERPRISES IN 2018
Table 13: Criteria for assessing profitability of enterprises, 2018
Table 1: Various characteristics of black and white pepper
Table 2: Top largest pepper exporting countries in the world by volume (ton), 2017-2018
Table 3: Pepper harvest time in major producing countries around the world
Table 4: Name of equipment in black pepper processing line
Table 5: Physical properties of black pepper
Table 6: Chemical properties of black pepper
Table 7: ASTA standard table
Table 8: IPC standard for black pepper
Table 9: IPC standards for white pepper
Table 10: Top countries importing pepper by value (USD), 2016 - 2017
Table 11: Pepper harvest time and schedule for Vietnam's pepper areas
Table 12: TOP TYPICAL EXPORTING ENTERPRISES IN 2018
Table 13: Criteria for assessing profitability of enterprises, 2018
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: Output value of agriculute, forestry and fishery in the first 9 months (at constant price 2010), 2016 - 2019
Figure 3: VND/USD exchange rate, 1/2013 – 9/2019
Figure 4: Average lending rate, 2012 – 3M/2019
Figure 5: Goods Import - Export,9M/ 2013 – 9M/2019
Figure 6: The proportion of pepper industry in Vietnam’s export value, 2010-9M/2019
Figure 7: Growth rate of world pepper area, 2014-2018
Figure 8: World pepper production by type, 2013-2019f
Figure 9: Black pepper production by country, 2018
Figure 10: White pepper volume by country, 2018
Figure 11: Pepper consumption by region, 2018
Figure 12: World pepper consumption, 2012 – 2018
Figure 13: Pepper consumption in major pepper producing countries, 2017 – 2019f
Figure 14: World pepper imports, 2012 - 2018
Figure 15: World pepper import (ton), 2018
Figure 16: A verage export prices in major producing countries by month, 2/2016-12/2018
Figure 17: Indian pepper price movement on NCDEX, 1/2019-8/2019
Figure 18: Indonesia’s pepper production by product, 2018e
Figure 19: Indonesia’s pepper prodution by region, 2018e
Figure 20: Pepper import and export in Indonesia, 2010-2018
Figure 21: Pepper production in India, 2011 - 2018e
Figure 22: Pepper consumption in India, 2011 - 2019e
Figure 23: India’s pepper import and import, 2012-2018
Figure 24: India’s pepper export market,2017
India’s pepper import market,2017
Figure 25: Brazil’s pepper production and consumption, 2011 - 2018
Figure 26: Pepper production by type, 2018e
Figure 27: Brazil’s pepper export by type, 2017
Figure 28: Brazil’s pepper import by type, 2017
Figure 29: Brazil’s import-export, 2012-2018
Figure 30: Added value chain model for agricultural products
Figure 31: Pepper area in Vietnam, 2009 - 2018e
Figure 32: Pepper area by region, 2017
Figure 33: Pepper production in Vietnam, 2012 - 2018
Figure 34: Pepper production by type, 2018
Figure 35: Distribution structure of pepper volume in Vietnam, 2018
Figure 36: Vietnam’s pepper consumption, 2011-2018e
Figure 37: Pepper exports and export turnover in Vietnam, 2011 – 9M/2019
Figure 38: Pepper exports by country in the first 9 month, 2018-2019
Figure 39: Pepper export by country, 2018 – 9M/2019
Figure 40: Pepper exported by type, 2018e
Figure 41:Pepper exported by processing step, 2018e
Figure 42: pepper export by form of enterprise, 2013 – 2018
Figure 43: Top 10 largest pepper export enterprises in Vietnam, 2018
Figure 44: Vietnam’s pepper imports, 2018
Figure 45: Vietnam’s pepper import, 2010 – 2018
Figure 46: Average monthly export price of pepper, 1/2017 - 9/2019
Figure 47: Export price movement of pepper in Vietnam,
1/2018-9/2019
Figure 48: The wholesale price of black pepper by month, 1/2017-8/2019
Figure 49: The wholesale price of black pepper by week, 7/2019 - 9/2019
Figure 50: Forecast for pepper export volume, 2015 – 2022f
Figure 51: Net revenue from goods sold and services provided, 2017-2018
Gross profit and gross profit ratio, 2017-2018
Figure 52: Selling expenses/Net revenue, 2017-2018
Figure 53: G&A expenses/net revenue, 2017-2018
Figure 54: Financial costs/net revenue, 2017-2018
Figure 55: Asset structure, 2018
Figure 56: Capital structure, 2018
Figure 57: Liquidityrations, 2017-2018
Figure 58: Efficiencyratios 2018
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: Output value of agriculute, forestry and fishery in the first 9 months (at constant price 2010), 2016 - 2019
Figure 3: VND/USD exchange rate, 1/2013 – 9/2019
Figure 4: Average lending rate, 2012 – 3M/2019
Figure 5: Goods Import - Export,9M/ 2013 – 9M/2019
Figure 6: The proportion of pepper industry in Vietnam’s export value, 2010-9M/2019
Figure 7: Growth rate of world pepper area, 2014-2018
Figure 8: World pepper production by type, 2013-2019f
Figure 9: Black pepper production by country, 2018
Figure 10: White pepper volume by country, 2018
Figure 11: Pepper consumption by region, 2018
Figure 12: World pepper consumption, 2012 – 2018
Figure 13: Pepper consumption in major pepper producing countries, 2017 – 2019f
Figure 14: World pepper imports, 2012 - 2018
Figure 15: World pepper import (ton), 2018
Figure 16: A verage export prices in major producing countries by month, 2/2016-12/2018
Figure 17: Indian pepper price movement on NCDEX, 1/2019-8/2019
Figure 18: Indonesia’s pepper production by product, 2018e
Figure 19: Indonesia’s pepper prodution by region, 2018e
Figure 20: Pepper import and export in Indonesia, 2010-2018
Figure 21: Pepper production in India, 2011 - 2018e
Figure 22: Pepper consumption in India, 2011 - 2019e
Figure 23: India’s pepper import and import, 2012-2018
Figure 24: India’s pepper export market,2017
India’s pepper import market,2017
Figure 25: Brazil’s pepper production and consumption, 2011 - 2018
Figure 26: Pepper production by type, 2018e
Figure 27: Brazil’s pepper export by type, 2017
Figure 28: Brazil’s pepper import by type, 2017
Figure 29: Brazil’s import-export, 2012-2018
Figure 30: Added value chain model for agricultural products
Figure 31: Pepper area in Vietnam, 2009 - 2018e
Figure 32: Pepper area by region, 2017
Figure 33: Pepper production in Vietnam, 2012 - 2018
Figure 34: Pepper production by type, 2018
Figure 35: Distribution structure of pepper volume in Vietnam, 2018
Figure 36: Vietnam’s pepper consumption, 2011-2018e
Figure 37: Pepper exports and export turnover in Vietnam, 2011 – 9M/2019
Figure 38: Pepper exports by country in the first 9 month, 2018-2019
Figure 39: Pepper export by country, 2018 – 9M/2019
Figure 40: Pepper exported by type, 2018e
Figure 41:Pepper exported by processing step, 2018e
Figure 42: pepper export by form of enterprise, 2013 – 2018
Figure 43: Top 10 largest pepper export enterprises in Vietnam, 2018
Figure 44: Vietnam’s pepper imports, 2018
Figure 45: Vietnam’s pepper import, 2010 – 2018
Figure 46: Average monthly export price of pepper, 1/2017 - 9/2019
Figure 47: Export price movement of pepper in Vietnam,
1/2018-9/2019
Figure 48: The wholesale price of black pepper by month, 1/2017-8/2019
Figure 49: The wholesale price of black pepper by week, 7/2019 - 9/2019
Figure 50: Forecast for pepper export volume, 2015 – 2022f
Figure 51: Net revenue from goods sold and services provided, 2017-2018
Gross profit and gross profit ratio, 2017-2018
Figure 52: Selling expenses/Net revenue, 2017-2018
Figure 53: G&A expenses/net revenue, 2017-2018
Figure 54: Financial costs/net revenue, 2017-2018
Figure 55: Asset structure, 2018
Figure 56: Capital structure, 2018
Figure 57: Liquidityrations, 2017-2018
Figure 58: Efficiencyratios 2018
