Monday, July 07, 2025

Pepper Market on July 7, 2025

 

Asia is a bright spot in the pepper export picture

Pepper prices today  (July 7) in the domestic market increased slightly by VND1,000 to VND141,000-142,000/kg. In the first half of 2025, pepper exports to America, Europe and Africa decreased sharply by two figures, while Asia was the only region to grow.

In the world market

The International Pepper Community (IPC) is listing the price of Indonesian black pepper at $7,539/ton, the price of Brazilian black pepper ASTA 570 at $6,250/ton, while the price of Malaysian black pepper ASTA stands at the highest level of $9,000/ton.

In Vietnam, the  export  price of black pepper  still fluctuates between 6,240 - 6,370 USD/ton for 500 g/l and 550 g/l black pepper.

Type name

World black pepper price list

July 7 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,539

Brazilian Black Pepper ASTA 570

6,250

Kuching Black Pepper (Malaysia) ASTA

9,000

Vietnamese black pepper (500 g/l)

6,240

Vietnamese black pepper (500 g/l)

6,370

At the same time of survey, the price of Indonesian Muntok white pepper was quoted at 10,184 USD/ton, Malaysian ASTA white pepper reached 11,750 USD/ton and Vietnam's exported white pepper stood at 8,950 USD/ton.

Type name

World white pepper price list

July 7 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,184

ASTA Malaysian White Pepper

11,750

Vietnam white pepper

8,950

Update pepper information

According to preliminary statistics from the Vietnam Pepper and Spice Association (VPSA), by the end of June 2025, Vietnam had exported 124,133 tons of pepper of all kinds, of which black pepper reached 105,939 tons and white pepper reached 18,194 tons. Total export turnover reached 850.5 million USD, black pepper reached 704.1 million USD, white pepper reached 146.4 million USD.

Compared to the same period last year, pepper exports decreased by 12.9% in volume but increased by 34.1% in value. This increase in turnover was due to the average pepper export price in the first 6 months of the year reaching 6,852 USD/ton, up 54% over the same period.

In the first half of 2025, pepper exports to the Americas, Europe and Africa decreased sharply by double digits of 26.9%, 21% and 16%, while Asia increased by 3%.

The US continues to be the largest consumer market of Vietnamese pepper, accounting for 23.6% of total export volume with 27,463 tons, but down 26.6% compared to the same period. Next are the markets: China: 9,293 tons, up 24.7% and accounting for 7.5%; India: 8,804 tons, up 7.7% and accounting for 7.1%; UAE: 8,747 tons, up 4.3%; Germany: 7,239 tons, down 24%.

The leading exporters include: Olam Vietnam: 12,388 tons, accounting for 10% of the export market share and down 6.7% year-on-year. Followed by: Nedspice Vietnam: 10,604 tons, up 2.5%, Phuc Sinh: 10,232 tons, up 8.2%; Tran Chau: 6,624 tons and Haprosimex JSC: 6,460 tons, down 26.9% and 35.7% respectively.

On the other hand, in the first 6 months of 2025, Vietnam  imported   28,296 tons of pepper of all kinds, with a total import turnover of 174.1 million USD, black pepper reached 23,537 tons, white pepper reached 4,759 tons. Compared to the same period last year, the import volume increased by 57.2%, and the turnover increased by 150.1%.

Brazil, Cambodia and Indonesia are the three largest pepper suppliers to Vietnam, with volumes reaching 14,904 tons, 6,257 tons and 5,574 tons respectively. Compared to the same period last year, imports from Brazil increased by 105.8%, from Cambodia by 0.7% and from Indonesia by 86.4%.

The main importing enterprises include: Olam Vietnam: 6,433 tons, Tran Chau: 2,524 tons and Nedspice Vietnam: 1,809 tons.

According to VietnamBiz.vn


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