PROSI THĂNG LONG AT GULFOOD 2025 – 30TH EDITION

We are thrilled to announce that Prosi Thăng Long will be participating in Gulfood 2025, the world’s largest annual food and beverage trade exhibition, now celebrating its 30th edition!

📅 Date: February 17-21, 2025
📍 Venue: Dubai World Trade Centre
🛎️ Booth: M-H59, SHK Maktoum Hall – Vietnam Pavilion

As a leading exporter of Vietnamese spices and agricultural products, we are excited to showcase our premium-quality cassia, star anise, black pepper, cashew nuts, and desiccated coconut to the global market. Gulfood 2025 presents a fantastic opportunity for us to connect with importers, distributors, and industry professionals worldwide.

We warmly invite our valued partners, customers, and new business connections to visit our booth, explore our diverse product offerings, and discuss potential cooperation opportunities.

Let’s meet at Gulfood 2025 and bring the best of Vietnam’s spices to the world!

📩 For inquiries or to schedule a meeting, contact us at sales@prosi.com.vn
🌍 Learn more about us at www.prosi.com.vn

#Gulfood2025 #ProsiThangLong #VietnameseSpices #GlobalTrade #DubaiExpo #Cassia #StarAnise #Pepper #Cashew #DesiccatedCoconut

Vietnam Pepper Market Overview 2024: A Year of Growth and Transformation

Record-Breaking Performance Despite Challenges

The Vietnamese pepper industry demonstrated remarkable resilience in 2024, achieving substantial revenue growth despite volume challenges. With total exports reaching 250,600 tons and generating $1.318 billion USD, the sector showcased its ability to adapt to changing market dynamics and capitalize on favorable price conditions.

Strong Export Performance

Vietnam’s pepper exports in 2024 tell a compelling story of value over volume. While export volume saw a modest 5.1% decrease, revenue surged by an impressive 45.4% year-over-year. This success was driven by significant price increases across both black and white pepper varieties:

• Black pepper exports totaled 220,269 tons, valued at $1.117 billion USD, with average prices reaching $5,154/ton—a 49.7% increase from 2023
• White pepper exports reached 30,331 tons, generating $200.6 million USD, with prices averaging $6,884/ton—up 38.9% from the previous year

Market Leadership and Innovation

In the competitive landscape of pepper exports, several companies demonstrated exceptional performance. Olam Vietnam maintained its position as the market leader, handling 27,800 tons and capturing 11.1% market share with remarkable growth of 36.9% year-over-year.

Notable achievements were also recorded by other major players:

• Phúc Sinh processed 22,293 tons, achieving 41.1% growth
• Nedspice Vietnam handled 20,420 tons, showing steady growth of 6.4%
• Haprosimex JSC managed 17,899 tons, displaying impressive growth of 63.8%

Global Market Dynamics

The United States reinforced its position as Vietnam’s premier pepper market, importing a record-breaking 72,311 tons—representing 28.9% of total exports and marking a 33.2% increase from 2023. This achievement surpassed the previous record set in 2021 of 59,778 tons.

Other significant markets showed strong growth:

• UAE imports increased by 35.1% to 16,391 tons
• German market grew by 58.2% to 14,580 tons
• Netherlands showed robust growth of 35.2% to 10,745 tons

Price Trends and Market Conditions

The domestic market experienced significant price movements throughout 2024:

• Early 2024 saw prices climb to 92,500–95,000 VND/kg
• A peak was reached in September at 153,000–154,000 VND/kg
• The market stabilized by November at 140,000–141,000 VND/kg

Commitment to Sustainability

The industry has shown increasing commitment to sustainable practices, responding to global market demands for environmentally responsible production. This shift encompasses:

• Implementation of advanced food safety standards
• Adoption of eco-friendly farming methods
• Focus on product quality enhancement

Looking Forward

As we move forward, the Vietnamese pepper industry continues to demonstrate its ability to adapt and thrive in a changing global marketplace. The sector’s focus on quality, sustainability, and market responsiveness positions it well for continued success.

About Prosi Thăng Long

As a key player in the Vietnamese pepper industry, Prosi Thăng Long continues to maintain its position as a reliable supplier of high-quality pepper products. In 2024, the company exported 5,726 tons of pepper, demonstrating its commitment to meeting international market demands while maintaining stringent quality standards.

For more information about our products and services, please contact our sales team or visit our product catalog section.

#ProsiThangLong#Prosi#GlobalTrade#VietnamSpices#VietnamNuts#Pepper#Cashew#Cinnamon#Coconut#StarAnise#VietnamExporter

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𝐏𝐫𝐨𝐬𝐢 𝐓𝐡𝐚𝐧𝐠 𝐋𝐨𝐧𝐠 – 𝐒𝐩𝐢𝐜𝐞𝐬 𝐚𝐧𝐝 𝐍𝐮𝐭𝐬 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫 𝐚𝐧𝐝 𝐄𝐱𝐩𝐨𝐫𝐭𝐞𝐫

𝐀𝐝𝐝𝐫𝐞𝐬𝐬: 4th Floor, Kim Anh Building, No 78 Duy Tan, Cau Giay, Ha Noi

𝐄𝐦𝐚𝐢𝐥: Sales@prosi.com.vn

𝐎𝐟𝐟𝐢𝐜𝐞 𝐇𝐨𝐭𝐥𝐢𝐧𝐞: (+84) 9858 17797

𝐘𝐨𝐮𝐫 𝐭𝐫𝐮𝐬𝐭𝐞𝐝 𝐩𝐚𝐫𝐭𝐧𝐞𝐫 𝐢𝐧 𝐩𝐫𝐞𝐦𝐢𝐮𝐦 𝐬𝐩𝐢𝐜𝐞𝐬 𝐚𝐧𝐝 𝐧𝐮𝐭𝐬

Prosi Thăng Long at SIAL Paris 2024 – Bringing Vietnam’s Best Agricultural Products to the Global Stage

We are thrilled to announce our participation in the 60th edition of SIAL Paris, one of the most prestigious food innovation exhibitions in the world. From October 19th to 23rd, Prosi Thăng Long will showcase Vietnam’s premium agricultural products, bringing the essence of our rich farmlands to the heart of the global food industry.

At this year’s event, Prosi Thăng Long will present our finest selections, including:

1. Cashew Kernels (WW240 & WW320)

Our cashew kernels are sourced from the top cashew-growing regions in Vietnam, known for their consistent quality and premium taste. We offer both WW240 and WW320 grades, which are celebrated for their uniform size, creamy texture, and rich flavor. These cashews are perfect for snacking or for use in a wide range of culinary applications.

2. Cassia Sticks & Split Cassia

Prosi Thăng Long is a leader in exporting Vietnamese cassia, known for its robust flavor and high essential oil content. Our cassia sticks and split cassia are carefully harvested and processed to retain maximum freshness. Whether used in cooking, baking, or beverages, our cassia provides an unmatched aroma and warmth.

3. Super Autumn Star Anise

Our Super Autumn Star Anise is a true standout in our product lineup. This premium-grade spice is known for its beautiful star shape and intense, sweet licorice-like flavor. With a high concentration of essential oil, it is perfect for flavoring dishes, creating spice blends, or even in traditional remedies.

4. Vietnam Black Pepper (550GL)

As one of the world’s largest producers of black pepper, Vietnam has a reputation for providing top-tier quality, and Prosi Thăng Long upholds this tradition. Our Vietnam Black Pepper 550GL is known for its strong, spicy flavor and consistent grain size. This pepper is ideal for enhancing a variety of cuisines around the world.

5. Desiccated Coconut (High Fat – Fine Grade)

Our desiccated coconut is processed to the highest standards, ensuring a clean, white product with a rich coconut flavor. The High Fat – Fine Grade variety is ideal for baking, confectionery, and as an ingredient in many savory and sweet dishes. It provides a natural and healthy source of fat, with a light and sweet taste that complements a wide array of recipes.

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Why Visit Prosi Thăng Long at SIAL Paris?

• Premium Quality: All of our products are sourced directly from the finest farms in Vietnam and processed using the highest standards of food safety and quality control.
• Sustainable & Ethical Practices: We prioritize sustainability in our production processes, ensuring that our products are both environmentally responsible and socially beneficial.
• Global Reach: As a leading exporter, we are committed to meeting the needs of importers and distributors across the globe, delivering both bulk and packaged products tailored to specific market demands.

We invite all import-export companies, distributors, and industry professionals to visit our booth at SIAL Paris 2024. Discover how our products can enhance your offerings, and let’s explore opportunities for collaboration and growth.

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Event Details:

📍 Location: Paris Nord Villepinte Exhibition Centre
📅 Dates: October 19th to 23rd, 2024

For further information or to schedule a meeting during the event, please contact us at Sales@prosi.com.vn

We look forward to welcoming you to our booth and sharing the very best of Vietnamese agriculture with the world!

August Pepper Market Report

Vietnam’s pepper industry has experienced a significant surge in export earnings, increasing by 40.8% year-on-year to reach 764.2 million USD in the first seven months of this year, according to the Vietnam Pepper and Spice Association (VPSA). This remarkable growth has occurred despite a slight 2.2% decline in export volume. The rise in global pepper prices has been a key driver of this increase, with the US leading as Vietnam’s top pepper importer, purchasing 43,349 tonnes, which marks a 48.4% increase from the previous year and accounts for 26.4% of the market share.

In July alone, Vietnam exported 21,771 tonnes of pepper, earning 129.9 million USD, a 43.7% increase in volume and a 128.9% increase in value compared to the same period last year. This includes 19,371 tonnes of black pepper and 2,400 tonnes of white pepper. The total export volume from January to July reached 164,357 tonnes, comprising 145,330 tonnes of black pepper and 19,027 tonnes of white pepper.

To sustain this positive momentum, VPSA Chairwoman Hoang Thi Lien emphasized the need to stabilize pepper cultivation areas while enhancing product quality and diversifying high-value processed products. She also recommended that farmers adopt international standards concerning chemical residues, cultivation practices, pest control, and preservation methods suited to regional climatic conditions. Developing new pepper varieties with higher yields, better quality, and disease resistance is crucial.

On the global stage, the International Pepper Community (IPC) reported mixed market reactions. For instance, while Indian and Sri Lankan pepper prices remained stable, Indonesia saw an increase in its domestic and international pepper prices, driven by a 1% appreciation of the Indonesian Rupiah against the US dollar. Meanwhile, Malaysia experienced a 3% increase in the Ringgit’s value, contributing to higher pepper prices as the country entered its harvest season. In contrast, Vietnam’s domestic and export pepper prices saw a decline, and Brazil’s black pepper prices also fell, while pepper prices in Cambodia and China remained stable.

As of August 17th, the domestic pepper price in Vietnam ranged from 139,000 to 140,000 VND/kg, showing an increase of 2,000 to 2,500 VND/kg from the previous day. The latest trade data also indicated that Vietnam’s black pepper prices were at 5,800 USD/ton for 500 g/l type and 6,200 USD/ton for 550 g/l type, while white pepper was priced at 8,500 USD/ton.

Looking ahead, the global pepper market is expected to reach 1 billion USD this year, with Vietnamese exporter Phuc Sinh maintaining an 8% share of the global market. The company’s export volume has grown by 40%, with average export prices doubling compared to the same period last year. In Vietnam, domestic pepper prices have risen to 140,000 VND/kg, a 1.75-fold increase from earlier this year, reaching up to 158,000 VND/kg at their peak, driven by the scarcity of supply.

As the market evolves, leveraging digital technology for production management, traceability, and market access will be essential. Additionally, promoting cooperatives and production groups will help strengthen the supply chain and benefit exporters, ensuring that Vietnam remains a key player in the global pepper industry.

#ProsiThangLong#Prosi#GlobalTrade#VietnamSpices#VietnamNuts#Pepper#Cashew#Cinnamon#Coconut#StarAnise#VietnamExporter

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𝐏𝐫𝐨𝐬𝐢 𝐓𝐡𝐚𝐧𝐠 𝐋𝐨𝐧𝐠 – 𝐒𝐩𝐢𝐜𝐞𝐬 𝐚𝐧𝐝 𝐍𝐮𝐭𝐬 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫 𝐚𝐧𝐝 𝐄𝐱𝐩𝐨𝐫𝐭𝐞𝐫

𝐀𝐝𝐝𝐫𝐞𝐬𝐬: 4th Floor, Kim Anh Building, No 78 Duy Tan, Cau Giay, Ha Noi

𝐄𝐦𝐚𝐢𝐥: Sales@prosi.com.vn

𝐎𝐟𝐟𝐢𝐜𝐞 𝐇𝐨𝐭𝐥𝐢𝐧𝐞: (+84) 9858 17797

𝐘𝐨𝐮𝐫 𝐭𝐫𝐮𝐬𝐭𝐞𝐝 𝐩𝐚𝐫𝐭𝐧𝐞𝐫 𝐢𝐧 𝐩𝐫𝐞𝐦𝐢𝐮𝐦 𝐬𝐩𝐢𝐜𝐞𝐬 𝐚𝐧𝐝 𝐧𝐮𝐭𝐬

Vietnam Pepper Exports: Strong Performance Amidst Challenges in H1 2024

The Vietnamese pepper industry demonstrated resilience in the first half of 2024, with export earnings surging despite a slight dip in export volume.

Key Highlights:

• Export Volume: Vietnam exported 142,586 tons of pepper, marking a 6.8% decrease compared to the same period in 2023. This decrease was primarily attributed to a shortage in supply.
• Export Value: Despite lower volumes, export turnover soared to $634.2 million USD, a substantial 30.5% increase year-on-year. This growth was fueled by higher pepper prices, driven by strong global demand and limited supply.
• Average Export Prices:
  • Black pepper: $4,365 USD/ton (922 USD increase compared to H1 2023)
  • White pepper: $5,983 USD/ton (1,028 USD increase compared to H1 2023)
• Top Exporters: Olam Vietnam led the pack, followed by Phuc Sinh, Nedspice Vietnam, Haprosimex JSC, and Pearl.
• Leading Markets: The United States remained the largest importer, with exports increasing by 44.6% to 37,435 tons. Germany, UAE, India, and the Netherlands also saw significant growth in imports.

Challenges and Opportunities:

While the industry thrived in terms of export value, it faced challenges due to supply constraints and rising shipping costs. The latter posed a significant hurdle for exporters, particularly smaller businesses.

Prosi Thăng Long’s Position:

Prosi Thăng Long continued to maintain its position as one of Vietnam’s top 10 pepper exporters, contributing to the nation’s strong performance in the global market. Despite the industry-wide challenges, Prosi Thăng Long exported nearly 4 tons of pepper, demonstrating its ability to adapt and thrive in a dynamic environment.

Looking Ahead:

The Vietnamese pepper industry is expected to continue its upward trajectory, with strong demand from international markets driving growth. However, supply constraints and rising shipping costs remain key concerns. It is crucial for exporters to focus on diversifying their markets and adopting innovative solutions to overcome these challenges.

#ProsiThangLong#Prosi#GlobalTrade#VietnamSpices#VietnamNuts#Pepper#Cashew#Cinnamon#Coconut#StarAnise#VietnamExporter

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𝐏𝐫𝐨𝐬𝐢 𝐓𝐡𝐚𝐧𝐠 𝐋𝐨𝐧𝐠 – 𝐒𝐩𝐢𝐜𝐞𝐬 𝐚𝐧𝐝 𝐍𝐮𝐭𝐬 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫 𝐚𝐧𝐝 𝐄𝐱𝐩𝐨𝐫𝐭𝐞𝐫

𝐀𝐝𝐝𝐫𝐞𝐬𝐬: 4th Floor, Kim Anh Building, No 78 Duy Tan, Cau Giay, Ha Noi

𝐄𝐦𝐚𝐢𝐥: Sales@prosi.com.vn

𝐎𝐟𝐟𝐢𝐜𝐞 𝐇𝐨𝐭𝐥𝐢𝐧𝐞: (+84) 9858 17797

𝐘𝐨𝐮𝐫 𝐭𝐫𝐮𝐬𝐭𝐞𝐝 𝐩𝐚𝐫𝐭𝐧𝐞𝐫 𝐢𝐧 𝐩𝐫𝐞𝐦𝐢𝐮𝐦 𝐬𝐩𝐢𝐜𝐞𝐬 𝐚𝐧𝐝 𝐧𝐮𝐭𝐬

Pepper Prices Soar, Creating Challenges for Businesses & Opportunities for Farmers

The global pepper market is on fire! 🔥 Prices have skyrocketed, exceeding 160,000 VND/kg in Vietnam and even surpassing Vietnam’s prices in Brazil. This surge is due to a shortage in supply, impacting markets worldwide.

Vietnam Pepper Market Update: June 2024 – A Spicy Surge

The Vietnam pepper market is on fire, with prices reaching a scorching 144,000 VND per kilogram. This marks a dramatic 112% increase year-over-year and the highest price in nine years. The rapid ascent has surprised consumers and businesses alike, with pepper now surpassing coffee and cocoa in value. Some even quip that “pepper is rising faster than gold.”

The Heat is On: Supply and Demand Dynamics

High prices haven’t deterred demand. In fact, farmers are holding onto their stock, anticipating further price increases. This is putting pressure on exporters struggling to fulfill contracts. Even established spice exporters to the US and EU are feeling the pinch, rationing their dwindling inventories and cautiously purchasing new supplies.

The current shortage is attributed to low stockpiles in major producing countries like Vietnam, India, and Brazil, coupled with robust global demand. Vietnam’s pepper production is projected to drop further in 2024 due to El Nino, exacerbating the supply crunch.

Global Market: A Fiery Outlook

Vietnam dominates the global pepper market, accounting for 40% of production and 60% of the market share. The global pepper market is valued at approximately $5.4 billion USD and is forecasted to grow at an average of 20% annually from 2024 to 2032.

The US remains Vietnam’s largest pepper export market, followed by China, India, and Germany. The International Pepper Community (IPC) reports rising prices for black pepper in Indonesia and stable prices in Brazil and Malaysia, further fueling the global price surge.

Export Performance: A Five-Month Sizzle

In the first five months of 2024, Vietnam exported 114,424 tons of pepper, including 100,971 tons of black pepper and 13,453 tons of white pepper. The total export value reached 493.1 million USD, with black pepper accounting for 417.7 million USD and white pepper for 75.4 million USD.

The United States remained Vietnam’s largest pepper export market, receiving 30,466 tons. Germany emerged as the second-largest export market, importing 7,532 tons. Other significant markets included India (6,933 tons), the UAE (5,639 tons), the Netherlands (5,067 tons), and China (4,871 tons). Several markets experienced impressive export growth, such as Italy (179.0%), Russia (49.7%), Spain (49.1%), and Egypt (39.0%). Germany, the US, the Netherlands, Thailand, and China were the largest consumers of Vietnamese white pepper.

Prosi: A Rising Star in the Pepper Export Arena

Amidst the market frenzy, Prosi has emerged as a standout performer. As a top 10 Vietnamese exporter, Prosi recorded a remarkable 18.4% increase in exports during the first five months of 2024, reaching 3,021 tons. This achievement underscores Prosi’s growing reputation for quality, reliability, and adaptability in the dynamic pepper market.

The Road Ahead: A Spicy Forecast

Experts predict that the pepper market has entered a new price cycle, expected to last 8-10 years. The current price surge has already exceeded the most optimistic forecasts, and the market shows no signs of cooling down.

#ProsiThangLong#Prosi#GlobalTrade#VietnamSpices#VietnamNuts#Pepper#Cashew#Cinnamon#Coconut#StarAnise#VietnamExporter

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𝐏𝐫𝐨𝐬𝐢 𝐓𝐡𝐚𝐧𝐠 𝐋𝐨𝐧𝐠 – 𝐒𝐩𝐢𝐜𝐞𝐬 𝐚𝐧𝐝 𝐍𝐮𝐭𝐬 𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫 𝐚𝐧𝐝 𝐄𝐱𝐩𝐨𝐫𝐭𝐞𝐫

𝐀𝐝𝐝𝐫𝐞𝐬𝐬: 4th Floor, Kim Anh Building, No 78 Duy Tan, Cau Giay, Ha Noi

𝐄𝐦𝐚𝐢𝐥: Sales@prosi.com.vn

𝐎𝐟𝐟𝐢𝐜𝐞 𝐇𝐨𝐭𝐥𝐢𝐧𝐞: (+84) 9858 17797

𝐘𝐨𝐮𝐫 𝐭𝐫𝐮𝐬𝐭𝐞𝐝 𝐩𝐚𝐫𝐭𝐧𝐞𝐫 𝐢𝐧 𝐩𝐫𝐞𝐦𝐢𝐮𝐦 𝐬𝐩𝐢𝐜𝐞𝐬 𝐚𝐧𝐝 𝐧𝐮𝐭𝐬