Pink Pepper - New Crop 2022 - Report
Crop starts from May 1st until June 15th
As you can see in the pink pepper photos published today, shows a production reduced in 30/40% minimum, this is a result of extreme weather condition, from non stop rain at end of 2021 to no rain in January and February 2022, on top of this the plantation was attached by a fly that sucked the flower, killing the 1st flowering, than came the 2nd flowering, reducing its yielding.
This year we are facing other difficulties alongside the reduced production, due to Covid 19 and the Ucranian war, producing cost increased very much, not counting with the dollar devaluation against real currency, all this combined factor is increasing the product final price.
Not forgetting due to all this adverse factor, to ship the product on time has been more difficult, as the shipping companies are offering less vessels and less empty containers to transport the goods at its final destination, not counting with the ocean freight rates