Pepper Market on May 6, 2025

 

Pepper Market on May 6, 2025: Prices do not fluctuate much

New market,  pepper price today (May 6) fluctuates at 154,000 - 155,500 VND/kg. In the world market, Indonesian pepper price continues to increase, at the same time, exports increased sharply in the first months of the year.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) said that the price of Indonesian Lampung black pepper continued to increase by 0.34% (32 USD/ton) compared to the previous trading session, to 7,372 USD/ton.

In other countries, pepper  export  prices  remained generally unchanged. Malaysian black pepper was quoted at the highest price of USD 9,300/ton; while Brazilian black pepper ASTA 570 reached USD 6,800/ton.

Vietnamese black pepper prices are still traded in the range of 6,700 - 6,800 USD/ton for 500 g/l and 550 g/l.

Type name	World black pepper price list
	May 6 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,372	+0.34
Brazilian Black Pepper ASTA 570	6,800	–
Kuching Black Pepper (Malaysia) ASTA	9,300	–
Vietnamese black pepper (500 g/l)	6,700	–
Vietnamese black pepper (500 g/l)	6,800	–

At the same time of survey, the price of Indonesian Muntok white pepper stood at 9,985 USD/ton, up 0.44% (44 USD/ton) compared to the previous trading session.

Meanwhile, Vietnamese white pepper and Malaysian ASTA white pepper remained at 9,700 USD/ton and 11,900 USD/ton.

Type name	World white pepper price list
	May 6 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	9,985	+0.44
ASTA Malaysian White Pepper	11,900	–
Vietnam white pepper	9,700	–

Update pepper information

According to data from the International Trade Center (ITC), in the first two months of 2025, Indonesia's pepper exports continued to double in volume and nearly 2.7 times in value compared to the same period last year, reaching 8,740 tons, worth 55.2 million USD.

In particular, exports to major consumer markets all increased from double to triple digits compared to the same period: Vietnam reached 2,285 tons, up 3.9 times and accounted for 26.1% of market share; China: 1,733 tons, up 8.9 times and accounted for 19.8%; USA: 1,517 tons, up 27% and accounted for 17.4%; India: 872 tons, up 88.1% and accounted for 10%...

Indonesia's average pepper export price in the first two months of the year reached 6,317 USD/ton, up 29.8%. Of which,

In 2024, Indonesia ranked third in the world in pepper production, with a cultivated area of ​​163 thousand hectares. In addition, Indonesia's pepper export turnover reached more than 311 million USD, with export output soaring 105.8% compared to 2023.

Indonesia’s pepper production in 2024 is expected to grow by around 6% (4,000 tonnes) compared to 2023, reaching 69,000 tonnes. However, it is likely to decline by 8.7% in 2025 due to investment challenges and unfavorable weather.

The global pepper market will continue to face upward price pressure in 2025, amid a forecast of a fourth consecutive year of decline in output.

Global supplies continue to tighten due to the effects of climate change, aging crops and farmers shifting to higher-value crops such as  coffee   and durian. Despite the harvest season in Vietnam, farmers are selling in small batches, helping to keep prices high.

All major pepper producing countries such as Vietnam, Indonesia, India, Sri Lanka and Brazil have recorded a decrease in production due to climate impacts,  labor  shortages  and the trend of switching to more profitable crops.

According to VietnamBiz.