Thursday, March 13, 2025

Pepper Market March 13, 2025: Pepper prices continue to increase

Pepper prices today (March 12) continued to increase by 500-1,000 VND, reaching 160,000 - 161,000 VND/kg. Unlike previous years, this year pepper hoarding is more common, making raw materials scarce even during the peak harvest season.

World pepper price

At the end of the most recent trading session, the International Pepper Community (IPC) adjusted the price of Indonesian Lampung black pepper down to 7,254 USD/ton, down 10 USD/ton compared to the previous trading session.

Meanwhile, pepper prices remained stable in other leading producing countries. Currently, Kuching black pepper from Malaysia has the highest price on the market at 9,800 USD/ton, while ASTA 570 black pepper from Brazil has the lowest price at 6,900 USD/ton.

 Vietnam's pepper export  price  remained unchanged at USD 7,000/ton for 500 g/l and USD 7,200/ton for 550 g/l.

Type name

World black pepper price list

March 13 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,254

-0.14

Brazilian Black Pepper ASTA 570

6,900

Kuching Black Pepper (Malaysia) ASTA

9,800

Vietnamese black pepper (500 g/l)

7,000

Vietnamese black pepper (500 g/l)

7,200

At the same time of survey, the price of Indonesian Muntok white pepper turned down slightly by 14 USD/ton to 10,237 USD/ton.

ASTA white pepper prices in Malaysia and Vietnam continued to remain at USD 12,300/ton and USD 10,000/ton.

Type name

World white pepper price list

March 13 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,237

-0.14

ASTA Malaysian White Pepper

12,300

Vietnam white pepper

10,000

Update pepper information

According to a recent report by Ptexim, the company said that although demand from markets remains sluggish, farmers and dealers are still holding stocks instead of selling.

Currently, all pepper growing areas in Vietnam have begun harvesting. Especially in Dak Nong, the largest and most important pepper producing area in Vietnam, about 40% of the area has been harvested.

In Dak Lak - the second largest producing province, accounting for about 30% of the total pepper area of ​​the country, about 5% - 10% has been harvested.

Unlike previous years, this year many farmers have made big profits from durian and coffee, leading to pepper hoarding, making raw materials scarce even during the peak harvest season.

Therefore, processors are forced to use inventories to ensure delivery progress for signed export orders.

Many people hoard pepper waiting for prices to increase, leading to a situation where pepper prices at the farm gate are sometimes higher than raw material prices at export producers. The current situation will make business more difficult if farmers continue to limit the sale of raw materials to the market.

According to data from Vietnam Customs, Vietnam's pepper exports in February reached 14,345 tons, worth 97.2 million USD, up 10.7% in volume and 11% in value compared to the previous month, and up 7.2% in volume and 79.1% in value compared to the same period last year.

In the first two months of the year, exports of this item reached 27,274 tons, worth 184.4 million USD, down 11.6% in volume but up 48.5% in value over the same period.

Vietnam's average pepper export price in February reached 6,774 USD/ton, up 0.3% compared to January and up 67.1% compared to February 2024. In the first two months of the year, the average pepper export price reached 6,763 USD/ton, up 68% over the same period last year.

Although Vietnam's pepper exports to major markets have fluctuated in volume, the value of the turnover has generally increased due to high prices.

According to VietnamBiz.vn

 

Saturday, March 08, 2025

India’s Black Pepper Market Faces Supply Challenges

Kashmir

India’s Black Pepper Market Faces Supply Challenges Amid Climate Change and Unorganised Trade

Indias black pepper industry is poised for a turbulent 2025, as declining production and supply constraints push prices to new highs, creating a challenging landscape for farmers and traders alike.

Indian Black Pepper Crisis

Vietnam, Brazil, Indonesia, and India constitute over 80% of global black pepper production and 95% of global trade. In 2024, India accounted for 11% of global black pepper production, with Karnataka contributing 60%, Kerala 30%, and the remaining 10% coming from Tamil Nadu and other regions.

The global pepper market remained volatile throughout 2024, with prices surging from INR 328 per kg in January to highs of INR 614 per kg in June before settling at INR 512 per kg by December. According to industry experts – the price might cross INR 1000 this year.

Black pepper production in India has witnessed a significant drop due to erratic weather patterns. Unseasonal rainfall in 2024, coupled with the broader effects of climate change, has adversely impacted crop yields, leading to a sharp decline in overall production volumes. India is producing 46,000 MT of pepper in 2025, a significant reduction from 55,000 MT in 2024.

The tightening supply situation is not unique to India. Other major pepper-producing nations, including Vietnam and Sri Lanka, have also reported lower yields, exacerbating the global supply crunch. Vietnams pepper production fell from 192,000 MT in 2023 to 183,000 MT in 2024 and further to 178,000 MT in 2025. Brazils pepper production declined from 102,000 MT in 2023 to 70,000 MT in 2024 but saw an increase to 85,000 MT in 2025. Additionally, Sri Lankas production of pepper has significantly declined from 20,000 MT in 2024 to 14,000 MT in 2025. With domestic production down, India may have to export black pepper to Sri Lanka this year to meet its demand.

This international shortfall is expected to keep prices elevated in key markets worldwide, further intensifying competition for quality Indian black pepper.

Despite high demand, Indian farmers-particularly those in Karnataka-are struggling due to the largely unorganised nature of the domestic market. Unlike Kerala, which has established trading networks and institutional buyers, Karnataka lacks major direct procurement channels. As a result, many farmers are forced to send their produce to Kerala, where intermediaries capture a significant share of the profits, leaving cultivators with lower margins.

Industry stakeholders have called for structural reforms to strengthen direct trade channels and ensure fair pricing for farmers. Establishing organised procurement systems in Karnataka and other key pepper-growing regions could help farmers access better prices and reduce dependency on middlemen.

As India navigates these challenges, exporters and traders are closely monitoring market trends. While the high price environment could be beneficial for trade, sustaining production amid climate uncertainties and market inefficiencies remains a pressing concern for the long-term stability of Indias black pepper industry.

Here is the researched article – nxg.world/blog/black-pepper-crisis.

About NXG World

NXG World is a multi disciplinary global consulting firm built on data driven processes, technology and people with diverse expertise.

 

Monday, March 03, 2025

Pepper Market February 24, 2025

 

Pepper Market February 24, 2025: Pepper exports to China doubled over the same period last year

New market,  pepper price today  (February 24) traded in the range of 159,000 - 160,000 VND/kg. In January, pepper exports to the Chinese market doubled compared to the same period in 2024, reaching 947 tons.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Kuching black pepper from Malaysia at 9,500 USD/ton; followed by Lampung black pepper from Indonesia at 7,287 USD/ton; ASTA 570 black pepper from Brazil was lower at 6,800 USD/ton.

Vietnam's black pepper price is at 6,500 USD/ton for 500 g/l and 6,650 USD/ton for 550 g/l. This is also the lowest price on the market.

Type name

World black pepper price list

February 24 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,287

Brazilian Black Pepper ASTA 570

6,800

Kuching Black Pepper (Malaysia) ASTA

9,500

Vietnamese black pepper (500 g/l)

6,500

Vietnamese black pepper (500 g/l)

6,650

At the same time of survey, the price of Malaysian ASTA white pepper was quoted at 12,000 USD/ton; Indonesian Muntok white pepper reached 10,127 USD/ton; and Vietnamese white pepper reached 9,550 USD/ton.

Type name

World white pepper price list

February 24 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,127

ASTA Malaysian White Pepper

12,000

Vietnam white pepper

9,550

Update pepper information

According to data released by the General Department of Customs, Vietnam's pepper  exports in January reached 12,958 tons, worth more than 87.5 million USD, down 12.1% in volume and 10.1% in value compared to December 2024, and down 25.9% in volume but up 25.1% in value compared to the same period last year due to high prices.

The decline in pepper exports in the first month of the year was partly due to the long Lunar New Year holiday. In addition, the supply from the previous crop was also limited while the 2025 harvest was delayed due to adverse weather conditions.

Vietnam's average pepper export price in the first month of the year reached 6,756 USD/ton - the highest level in the past 9 years (since February 2017), up 2.3% over the previous month and up 68.9% over January 2024.

In January, the US continued to be Vietnam's largest pepper export market, with a volume of 2,829 tons, equivalent to 21.7 million USD, accounting for 21.8% of the total volume and 24.8% of the total pepper export turnover of the country, compared to the same period last year, a sharp decrease of 41.4% in volume but an increase of 8.5% in turnover.

Coming in second is the German market, reaching 1,326 tons, equivalent to nearly 9.4 million USD, accounting for over 10% of the country's pepper exports, up 37% in volume and 2.1 times in value compared to the same period last year.

Exports to the Indian market ranked third with 976 tons, equivalent to 6.99 million USD, accounting for nearly 8% of market share, down 29.5% in volume and up 23.8% in value over the same period.

In addition, the amount of pepper exported to the UK market also increased by 20.1% compared to the same period last year; while that of South Korea decreased by 36.3%; the Philippines decreased by 42.9%; the Netherlands decreased by 52.2%; and France decreased by 15.7%.

Notably, according to data from the Vietnam Pepper and Spice Association (VPSA), pepper exports to the Chinese market doubled compared to the same period in 2024, reaching 947 tons. China's market share in Vietnam's total pepper export volume also increased to 7.3% from 2.7% in January 2024. However, the amount of pepper exported to this market is still 45% lower than the same period in 2023.

Export volume to markets fluctuated inconsistently, but in general, the value of turnover still increased compared to the same period last year.

The reason is that the export price of pepper has increased sharply, for example, the export price of pepper to the US market reached an average of 7,680 USD/ton, an increase of 85.3%; the German market reached an average of 7,065 USD/ton, an increase of 54.8%; India reached 7,158 USD/ton, an increase of 75.6%..., especially the average export price of pepper to Pakistan doubled, to 6,780 USD/ton.

According to VietnamBiz.vn

Thursday, February 20, 2025

Pepper Market on February 20, 2025: Anchored at a high level

 

Pepper Market on February 20, 2025: Anchored at a high level

Pepper prices today  (February 20) continue to hover at 160,000 - 162,500 VND/kg. In Gia Lai, after many years of "downward decline", the recovery of pepper prices is considered a good sign for pepper growers.

In the domestic market

Pepper prices  today are trading at 160,000 - 162,500 VND/kg in key production provinces and cities, unchanged from yesterday.

Of which, traders in Dak Nong province are purchasing pepper at the highest price of 162,500 VND/kg.

Next is  the pepper price   in Dak Lak province at 162,000 VND/kg. In other localities such as Gia Lai, Binh Phuoc, Ba Ria - Vung Tau and Dong Nai, pepper prices are also traded at 160,000 VND/kg.

Province/district

(survey area)

Purchase price on February 20

(Unit: VND/kg)

Change from previous day (Unit: VND/kg)

Dak Lak

162,000

Gia Lai

160,000

Dak Nong

162,500

Ba Ria – Vung Tau

160,000

Binh Phuoc

160,000

Dong Nai

160,000

In the world market

At the end of the most recent trading session, world pepper prices did not record any new fluctuations. The International Pepper Community (IPC) listed the price of Indonesian Lampung black pepper at 7,298 USD/ton, Brazilian ASTA 570 black pepper at 6,800 USD/ton and Malaysian Kuching black pepper at the highest level of 9,000 USD/ton.

Vietnam's black pepper prices remain at their lowest at $6,500/ton for 500g/l and $6,650/ton for 550g/l.

Type name

World black pepper price list

February 20 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,298

Brazilian Black Pepper ASTA 570

6,800

Kuching Black Pepper (Malaysia) ASTA

9,000

Vietnamese black pepper (500 g/l)

6,500

Vietnamese black pepper (500 g/l)

6,650

At the same time of survey, the price of Indonesian Muntok white pepper remained stable at 10,143 USD/ton.

Similarly, Malaysian ASTA white pepper and Vietnamese white pepper remained stable at USD 11,600/ton and USD 9,550/ton.

Type name

World white pepper price list

February 20 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,143

ASTA Malaysian White Pepper

11,600

Vietnam white pepper

9,550

Update pepper information

These days, pepper plants in Gia Lai province are entering the harvest season. After many years of “plummeting”, the recovery of pepper prices is considered a good sign for pepper growers. Currently, pepper prices are above 150,000 VND/kg, the highest price in many years.

Mr. Nguyen Tan Luc (village 4, Ia Hlop commune, Chu Se district) said that "black gold" has officially returned after many years of struggling with diseases and unstable prices. This year, his family's pepper garden with 1,200 pillars was harvested at the same time. Due to the shortage of labor after Tet, he and his wife have had to work hard to harvest these past few days.

“Over the past years, thanks to the family growing organically, the pepper plants have grown very well. It is expected that each pillar will yield an average of more than 3kg of dried pepper, a record high compared to many pepper gardens in the region. With the pepper price currently at 160,000 VND/kg and an additional 12,000 VND due to organic farming, the family pepper garden is expected to earn more than 500 million VND,” Mr. Luc shared.

Back in Dak Doa district, Mr. Nguyen Thanh Hoi (village 1, Nam Yang commune) happily said that this year, thanks to good care, the productivity of his family's pepper garden is also relatively good, about 3kg of dry pepper/pillar. Especially, with the current sharp increase in price (about 157,000 VND/kg), the family is very excited.

Mr. Nguyen Tan Cong, Director of Nam Yang Agricultural and Service Cooperative (Dak Doa district) said that this year, pepper prices have increased, along with relatively stable productivity at 2.5 - 3 tons/ha, helping people increase profits.

“Pepper has been considered a key crop in recent years, so people have placed a lot of hope in this crop. However, learning from failed seasons, people are now cultivating smarter, practicing intercropping and polyculture to avoid risks, and at the same time maximizing the crop area,” Mr. Cong shared.

According to the report of the Department of Cultivation and Plant Protection of Gia Lai province, there are currently about 7,500 hectares of pepper in the province with an average yield of about 3.5 tons/ha.

Mr. Hoang Thi Tho, Deputy Head of the Department of Cultivation and Plant Protection of Gia Lai province, said that the high price of pepper has helped people gain more profit and regain confidence in the agricultural product once considered the "black gold" of the Central Highlands.

To develop pepper plants stably in the coming time, Gia Lai will maintain a stable pepper growing area of ​​about 8.5 - 10 thousand hectares. At the same time, build a concentrated, safe and quality pepper production area associated with processing facilities, according to  the Vietnam Agriculture Newspaper .

According to VietnamBiz

Monday, February 17, 2025

Pepper price today February 16, 2025, online pepper price

 

Pepper price today February 16, 2025, domestic price remains unchanged



Pepper price today February 16, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price February 16.


Domestic pepper price today

Today's pepper price was updated at 4:30 a.m. on February 16, 2025 as follows: Domestic pepper price remains stable, sideways, the highest price is 160,000 VND/kg; the average pepper purchase price in key areas is 158,400 VND/kg.

Specifically, today's pepper price in Gia Lai province remained stable compared to the previous trading session, currently the pepper price is purchased at 157,000 VND/kg. Similarly, pepper price in Binh Phuoc is also purchased at 157,000 VND/kg.

Pepper prices in Ba Ria - Vung Tau province are higher, the purchasing price in this locality is 158,000 VND/kg.

Meanwhile, pepper prices in Dak Nong and Dak Lak provinces are at a high level and have the highest purchase price in the country, currently the purchase price in these two localities is 160,000 VND/kg.

Giá tiêu hôm nay 16/2/2025, trong nước đi ngang

Experts say pepper prices may continue to rise in the short term, especially if China, one of the largest customers of Vietnamese pepper, increases imports again. However, pepper prices may stagnate as supplies from the new harvest are gradually replenished.

Currently, local farmers are focusing on harvesting pepper. However, pepper productivity in some areas is forecast to decrease due to weather effects.

Many pepper farmers said that in the past, most farmers often consigned all their products to agents or companies after harvest, leading to a situation of being forced to sell at a lower price. However, in recent years, they have changed their methods by drying and preserving pepper at home, helping them avoid being forced to sell at a higher price at a favorable time.

Giá tiêu hôm nay 16/2/2025, trong nước đi ngang
Farmers in Dak Nong province take care of pepper gardens

According to data from the Central Statistics Agency of Indonesia (BPS), Indonesia's pepper exports in December 2024 reached 4,673 tons, down 27.5% compared to the previous month but up 2.8 times compared to the same period in 2023.

In 2024, Indonesia exported 55,475 tons of pepper of all kinds with a turnover of 311.3 million USD, a sharp increase of 132.9% in volume and 171.8% in turnover compared to 2023. This result helped Indonesia continue to consolidate its third position in the world in pepper exports, after Brazil and Vietnam. Last year, Indonesia's pepper exports to most markets generally grew exponentially.

According to statistics, Vietnam has returned to the leading position in importing pepper from Indonesia in 2024, with a volume of 18,015 tons, worth 99.2 million USD, an increase of more than 5.2 times (425.9%) in volume and 6.7 times (578%) in turnover compared to 2023.

Giá tiêu hôm nay 16/2/2025, trong nước đi ngang
Lush green pepper gardens are grown in Dak Nong

World pepper price today

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on February 16, 2025 as follows: the market remains stable and anchored at a high level.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,294 USD/ton; Muntok white pepper is currently purchased at 10,068 USD/ton.

The Malaysian pepper market continues to remain stable and is anchored at a high level. Currently, the price of Malaysian ASTA black pepper is purchased at 9,000 USD/ton and the price of ASTA white pepper is at 11,600 USD/ton.

Pepper prices in Brazil remained stable compared to the previous increase, currently purchasing at 6,800 USD/ton.

The export market for Vietnamese pepper continues to be stable and slightly decreasing. Specifically, the export price of Vietnamese black pepper is currently at 6,500 USD/ton for 500 g/l; 550 g/l is at 6,650 USD/ton; the price of white pepper is at 9,550 USD/ton.

Giá tiêu hôm nay 16/2/2025, trong nước đi ngang
Update world pepper prices today February 16, 2025

In the international market, pepper prices are being greatly affected by reduced supply in major producing countries such as Vietnam, Brazil and Indonesia. However, global consumption demand remains stable, especially in major markets such as the US and EU. This will continue to support pepper prices to remain high in the coming time.



Source: https://congthuong.vn/gia-tieu-hom-nay-1622025-trong-nuoc-di-ngang-373976.html