Malaysia’s pepper exports to see a 10 per cent rise in 2014

Pepper-Agustín Ruiz flickrA pepper grower can earn an average of US$2,745 a month from a one hectare farm. (Image source: Agustin Ruiz/Flickr)Malaysia will see a 10 per cent rise in pepper exports in 2014 compared to last year, plantation industries and commodities minister announced

Datuk Douglas Unggah Embas said that in 2013 the country exported 21,105 metric tonnes of pepper worth US$85mn while expressing optimism that the export target of US$203mn by 2020 could be achieved, Bernama reported.

“We believe this year’s target is attainable with the growing market for the commodity, reflected in the current encouraging prices for black and white pepper of US$6,488 and US$9,608 per metric tonne respectively,” he added.

Malaysia is the world’s fifth largest pepper producer, while Japan, China, Taiwan, Singapore, Western Europe and South Korea are the biggest markets.

A pepper grower can earn an average of US$2,745 a month from a one hectare farm.

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?