Pepper industry is one of the agricultural sectors that make an important contribution to the entire agriculture in Vietnam. Common pepper products in the world market are black pepper and white pepper. Today, pepper, a high-end spice, is the most commonly used spice in the world and plays the leading role (about 34%) in total spice production value traded in the world. Global demand for pepper has been increasing, which makes pepper trade also dynamic. The global pepper price depend on the variations of pepper prices in major pepper exprorters. Vietnamese pepper is now exported to nearly 80 countries and territories all over the world. The average pepper export price of Vietnam was booming in the period 2012-2015, after a sharp fall in two consecutive years from late 2015 to 2017. The export turnover of many enterprises declined because the average export price of pepper in 2016 had continuously decreased since the end of 2015, affecting the business results.

Abbreviations
Executive summary
1. Business environment
1.1. Macroeconomic situation
1.2. Legal framework
2. World pepper market
2.1. Current situation of production
2.1.1. Definition and classification
2.1.2. Production
2.2. Consumption
3. Vietnam pepper market
3.1. History of industry formation and development
3.2. Value chain of the industry
3.3. Current situation of production
3.4. Consumption
3.5. Pepper Import – Export
3.6. Price movement of some types of pepper
4. Industry overview
4.1. SWOT Analysis
4.2. Planning Pepper industry
5. Enterprise analysis
5.1. Enterprise introduction
5.2. Enterprise analysis

Lien Thanh Joint Stock Company
Phuc Sinh Joint Stock Company
Hanoi Production Services Import Export Joint Stock Company
Pearl Trading Service and Import Export Joint Stock Company
Petrolimex International Trading Joint Stock Company
Harris Freeman Vietnam Company Limited
DK Commodity Co., Ltd.
Nedspice Processing Vietnam Company Limited
Olam Vietnam Co., Ltd.
Intimex Group

List of figures
Figure 1: GDP growth, 2012 – 3M/2018
Figure 2: Gross output of agriculture, forestry and fishery at comparative prices (2010), 2015 – 2018
Figure 3: VND/USD exchange rate, 2013-3/2018
Figure 4: Average lending rate, 2012 – Q1/2018
Figure 5: Import – Export, 2015 – Q1/2018
Figure 6: Value share of pepper industry contributing to Vietnam’s export turnover, 2010 – 3M/2018
Figure 7: Global pepper production by type, 2012-2017e
Figure 8: Growth in world’s new pepper growing area over the years, 2014 – 2017e
Figure 9: Structure of global black pepper production by country, 2017e
Figure 10: Structure of global white pepper volume by country, 2017e
Figure 11: Pepper consumption structure by region, 2017e
Figure 12: Pepper consumption worldwide, 2012 – 2017e
Figure 13: Pepper consumption in world’s largest pepper producing countries, 2016 – 2017e
Figure 14: Pepper cultivation area in Vietnam, 2009 – 2017
Figure 15: Pepper production in Vietnam, 2011-3M/2018e
Figure 16: Pepper structure by type, 2016
Figure 17: Distribution structure of pepper volume in Vietnam, 2016
Figure 18: Pepper consumption in Vietnam, 2011-2017e
Figure 19: Pepper exports and export turnover in Vietnam, 2011 – 3M/2018
Figure 20: Structure of Vietnam’s pepper importers by volume, 3M/2018
Figure 21: Pepper export volume by country, 3M/2018
Figure 22: Structure of exported pepper by type, 2M/2018
Figure 23: Structure of exported pepper by processing step, 2016
Figure 24: Structure of Vietnam’s pepper export by type of enterprise, 2013 – 3M/2018
Figure 25: Top 10 largest pepper export enterprises in Vietnam, 3M/2018
Figure 26: Structure of Vietnam’s pepper import by type, 2016
Figure 27: Vietnam’s pepper import, 2010 – 2017e
Figure 28: Top pepper importing countries by value, (USD), 2016 – 2017
Figure 29: Average monthly export price of pepper, 1/2017- 3/2018
Figure 30: Export price movement of pepper in Vietnam, 4/2017-4/2018
Figure 31: The wholesale price of black pepper by month, 1/2017 – 3/2018
Figure 32: The wholesale price of black pepper by week, 1/2018 – 3/2018
Figure 33: Net revenue from goods sold and services provided, 2015-2016
Figure 34: Gross profit and gross profit margin of enterprises, 2016
Figure 35: Sales expenses/Net revenue, 2015-2016
Figure 36: Administrative expenses/Net revenue, 2015-2016
Figure 37: Financial expenses/Net revenue, 2015-2016
Figure 38: Asset structure, 2016
Figure 39: Capital structure, 2016
Figure 40: Asset use efficiency, 2016
Figure 41: Solvency, 2016
List of tables
Table 1: Differences betweem black pepper and white pepper
Table 2: Pepper harvest time in major pepper producing countries
Table 3: Top pepper exporting enterprises in 2016