Pepper Market on May 9, 2025

 

Pepper Market on May 9, 2025: Vietnam's pepper imports increase sharply, approaching the record level in 2021

Pepper prices today  (May 9) in the domestic market are stable at around 153,000 - 155,000 VND/kg. In the world, Indonesian pepper prices have increased slightly again. According to VPSA, Vietnam's pepper imports in April continued to increase and approached the record level of 2021.

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In the domestic market

Domestic pepper prices  this morning fluctuated between 153,000 - 155,000 VND/kg, unchanged from the previous day.

Specifically, in the two provinces of Dak Lak and Dak Nong,  pepper prices   purchased by agents are at the highest level of 155,000 VND/kg.

Meanwhile, pepper prices in Gia Lai province are trading at a lower level of VND153,000/kg.

In the provinces of the Southeast region, including Ba Ria - Vung Tau, Binh Phuoc and Dong Nai, pepper prices this morning were also purchased at 153,000 VND/kg.

Province/district (survey area)	Purchase price on May 9 (Unit: VND/kg)	Change from previous day (Unit: VND/kg)
Dak Lak	155,000	–
Gia Lai	153,000	–
Dak Nong	155,000	–
Ba Ria – Vung Tau	153,000	–
Binh Phuoc	153,000	–
Dong Nai	153,000	–

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Indonesian Lampung black pepper at 7,338 USD/ton, up 0.22% (16 USD/ton) compared to the previous trading session.

In other leading producing countries, prices remained generally stable. Currently, Malaysian ASTA black pepper is trading at $9,200/ton; while Brazilian ASTA 570 black pepper is at $6,800/ton.

Vietnam black pepper prices continue to fluctuate between 6,700 - 6,800 USD/ton for 500 g/l and 550 g/l.

Type name	World black pepper price list
	May 9 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,338	+0.22
Brazilian Black Pepper ASTA 570	6,800	–
Kuching Black Pepper (Malaysia) ASTA	9,200	–
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 increased slightly by 0.22% compared to the previous trading session, to 9,939 USD/ton.

Meanwhile, the price of Vietnamese white pepper and Malaysian ASTA white pepper continued to remain stable at 9,700 USD/ton and 11,900 USD/ton.

Type name	World white pepper price list
	May 9 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	9,939	+0.22
ASTA Malaysian White Pepper	11,900	–
Vietnam white pepper	9,700	–

Update pepper information

According to preliminary data from the Vietnam Pepper and Spice Association (VPSA), Vietnam  imported   5,688 tons of pepper of all kinds, including 5,209 tons of black pepper and 479 tons of white pepper, with a total import turnover of 36.7 million USD. Compared to the previous month, the import volume increased by 15.1% and the turnover increased by 27.2%.

Notably, the import volume this month is also close to the highest import record ever in May 2021 at 5,747 tons.

In terms of supply, Brazil continues to be the main pepper supplier to Vietnam, accounting for 66.7% of total imports with 3,792 tons, up 23.9% over the previous month. Cambodia follows with 1,171 tons, up 127.8%.

Olam was the largest importer in the month, reaching 2,148 tons, up 46.2% compared to March and accounting for 37.8% of the import market share.

In the first 4 months of 2025, Vietnam imported 15,374 tons of pepper of all kinds, of which black pepper reached 11,750 tons and white pepper reached 3,624 tons, with a total import turnover of 88.3 million USD, compared to the same period in 2024, the import volume increased by 25.3%, while the turnover increased by 104.8%.

In the first 4 months of the year, Vietnam mainly imported pepper from Brazil: 8,155 tons, up 33.1%, Indonesia: 4,288 tons, up 207.8% and Cambodia: 1,906 tons, down 49.3%.

Olam is the largest importer with 4,094 tons, down 20.7% over the same period and accounting for 26.6% of the import market share. Next are the following enterprises: Tran Chau: 1,604 tons, up 6.9%; Phuc Thinh: 1,128 tons, up 328.9%...

Previously, VPSA said that Vietnam's pepper harvest is expected to last until the end of April 2025. Unlike previous years, when pepper was harvested, prices decreased due to abundant supply. However, domestic pepper prices have always been around 150,000 VND/kg since the beginning of the year because farmers are selling sparingly. Some farmers are also harvesting durian and  coffee,   which are getting good prices, so they are not under financial pressure to sell.

Information about the US's reciprocal tax caused pepper prices to drop sharply in early April, but soon after that they increased back to the old level, helping people feel secure in production.

According to VietnamBiz.