Pepper Market June 23, 2025

 

Prices fell again at the beginning of the week

Pepper prices today (June 23) dropped to 120,000 VND/kg. Recently, Vietnam's pepper exports to the US have slowed down, while other major markets such as Germany, India, China... have increased quite strongly.

In the world market

In the world market, pepper prices in leading producing countries also remained stable.

At the end of the most recent trading session, the International Pepper Community (IPC) reported that the  export  price  of Indonesian black pepper was at 7,461 USD/ton, Malaysian ASTA black pepper reached 9,000 USD/ton, while the price of Brazilian black pepper ASTA 570 stood at 6,050 USD/ton.

In Vietnam, the export price of black pepper is fluctuating between 6,000 - 6,100 USD/ton for 500 g/l and 550 g/l.

According to information from Peppertrade, due to the sharp drop in black pepper prices in Vietnam, Brazilian exporters through the Brazilian Spice Association (BSA) have decided to suspend all offers and hold inventories for an indefinite period.

Type name	World black pepper price list
	June 23 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,461	–
Brazilian Black Pepper ASTA 570	6,050	–
Kuching Black Pepper (Malaysia) ASTA	9,000	–
Vietnamese black pepper (500 g/l)	6,000	–
Vietnamese black pepper (500 g/l)	6,100	–

At the same time of survey, the price of Indonesian Muntok white pepper was recorded at 10,079 USD/ton, Malaysian ASTA white pepper reached 11,750 USD/ton and Vietnamese white pepper stood at 9,000 USD/ton.

Type name	World white pepper price list
	June 23 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	10,079	–
ASTA Malaysian White Pepper	11,750	–
Vietnam white pepper	9,000	–

Update pepper information

Recently, Vietnam's pepper exports to the US market have tended to slow down, while other major markets such as Germany, India, China, etc. have increased quite strongly.

Vneconomy reported that in the first 5 months of the year, the US continued to be the largest export market for Vietnamese pepper, accounting for 24.7% of total volume and 26.8% of total export turnover. In the first 5 months of 2025, the country  imported   24,687 tons of pepper, worth 184.9 million USD, with an average price of 7,489.6 USD/ton. Although the volume decreased by 13.7% compared to the same period last year, the turnover increased sharply by 43.5%, while the average export price increased by 66.3%.

In May 2025 alone, the US imported 6,926 tons, worth 52.37 million USD, with an average price of 7,561.7 USD/ton - the highest price among the markets. Thus, compared to April 2025, output increased by 2.4%, turnover increased by 6.2%, and price increased by 3.8%. Compared to the same period last year, it increased by 18.6% in volume, 81.9% in turnover, and 53.3% in price.

The German market ranked second. In the first 5 months of 2025, this country imported 8,451 tons of pepper from Vietnam, reaching a turnover of 63.67 million USD. Compared to the same period last year, output increased by 23.5%, turnover increased by 93.9%, or nearly double.

Notably, not only has the volume increased sharply, but the export price to Germany also tends to increase steadily, reflecting the shift in consumption towards high-quality, organic or sustainably produced products.

“With the rise of green retail channels and European restaurants prioritizing transparent supply, Vietnamese pepper has the potential to expand its market share in Germany if it takes advantage of the EVFTA,” said the Vietnam Pepper and Spices Association (VPSA).

India ranks third in the pepper import markets from Vietnam. As the world's leading spice consumer and producer, India is not only a competitor of Vietnam in the pepper market but also an important customer. In the first 5 months of 2025, India imported 7,501 tons of pepper, equivalent to 53.28 million USD, with an average price of 7,102.6 USD/ton. Compared to the same period in 2024, the volume increased by 10.1%, the turnover increased by 90.2%, and the export price increased by 72.8%.

These impressive figures reflect India's domestic supply shortage and growing demand in the premium consumer segment, especially from food, pharmaceutical and organic product processors.

In addition to the three key markets above, Middle Eastern countries such as the UAE also show clear potential. Although the export volume to this market in the past 5 months only reached 3,960 tons, down 28.8% compared to the same period, the turnover still reached 26.93 million USD, up 16.5% - thanks to a sharp increase in export prices.

According to VietnamBiz.vn