Pepper Market on May 11, 2025: Sharp decline at the end of the week
Pepper prices today
(May 11) in the domestic market fluctuated from 151,000 - 152,000
VND/kg. Overall, pepper prices have decreased by 3,000 - 5,000 VND/kg
for the whole week.
Source: Hoang Hiep synthesis
In the world market
According
to data from the International Pepper Community (IPC), last week, black
pepper prices in Indonesia and Malaysia decreased by 0.23% and 1.08%
respectively compared to the previous week, down to USD 7,323/ton and
USD 9,200/ton.
Meanwhile,
the price of Brazilian black pepper ASTA 570 remained stable at 6,800
USD/ton. The price of Vietnamese black pepper continued to fluctuate 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 11 (Unit: USD/ton)
% change from last week
Lampung Black Pepper (Indonesia)
7,323
-0.23
Brazilian Black Pepper ASTA 570
6,800
–
Kuching Black Pepper (Malaysia) ASTA
9,200
-1.08
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
decreased slightly by 0.23% compared to last week, down to 9,918
USD/ton.
Vietnam
white pepper and Malaysia ASTA white pepper prices remained stable
throughout the week at USD 9,700/ton and USD 11,900/ton.
Type name
World white pepper price list
May 11 (Unit: USD/ton)
% change from last week
Muntok Indonesian White Pepper
9,918
-0.23
ASTA Malaysian White Pepper
11,900
–
Vietnam white pepper
9,700
–
Update pepper information
According to Nhan Dan Newspaper
, Dak Nong province currently has nearly 34 thousand hectares of
pepper, with an output of about 70 thousand tons/crop; ranking first in
the country in terms of area and second in terms of output (after Dak
Lak province). To develop the pepper industry sustainably, the province
is focusing on improving quality and developing value chain linkages,
applying good agricultural production processes (GAP).
Up
to now, Dak Nong has 10 sustainable pepper production and consumption
chains; including 2 production groups, 5 cooperatives, 2 enterprises
with a total area of 1,630 hectares. The whole province has more than
1,000 households participating in long-term pepper production links
associated with certification standards, with an output of more than
3,800 tons/crop. All of these chains are developing strongly in both
scale and production value.
In
addition, Dak Nong province has 24 pepper production facilities
according to certified standards, with an area of over 3,100 hectares.
Currently, 2 high-tech pepper production areas have been recognized in
Thuan Ha and Thuan Hanh communes, Dak Song district with a total area of
1,549.4 hectares.
High-tech
pepper producers in recognized areas are guaranteed products according
to organic and Rainforest standards, and are certified with the
collective brand name Dak Song Pepper and the geographical indication of
Dak Nong Pepper; creating favorable conditions for high-tech pepper
products to have higher value and expand the consumption market.
The
province will focus on developing the value chain linkage of the pepper
industry associated with linkages in production and consumption of
products through concentrated production areas. Focus on improving
productivity and product quality; promote the advantages of geographical
indications of Dak Nong pepper products to build product brands, moving
towards strongly affirming the Dak Nong pepper brand in the market.
The
provincial agricultural sector has been focusing on implementing groups
of solutions to reorganize production according to the industry value
chain, including planning and developing large-scale raw material areas.
Pepper Market on May 8, 2025: US imports increase sharply
Pepper prices today
(May 8) are trading at 154,000-155,000 VND/kg. In the world, pepper
prices in Indonesia and Malaysia also reversed and decreased. According
to VPSA, the US is still the largest export market for Vietnamese pepper
in April, reaching 6,404 tons, a sharp increase of 45.9% compared to
the previous month.
In the world market
At
the end of the most recent trading session, the International Pepper
Community (IPC) adjusted the price of Indonesian Lampung black pepper
down to 7,322 USD/ton, down 0.37% (50 USD/ton) compared to the previous
trading session.
Similarly, Malaysian ASTA black pepper price decreased by 1.08% (100 USD/ton) to 9,200 USD/ton.
Meanwhile,
the price of Brazilian black pepper ASTA 570 remained stable at USD
6,800/ton. Similarly, the price of Vietnamese black pepper continued to
move sideways in the range of USD 6,700 - 6,800/ton for 500 g/l and 550
g/l.
Type name
World black pepper price list
May 8 (Unit: USD/ton)
% change from previous day
Lampung Black Pepper (Indonesia)
7,322
-0.37
Brazilian Black Pepper ASTA 570
6,800
–
Kuching Black Pepper (Malaysia) ASTA
9,200
-1.08
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
decreased by 0.37% (68 USD/ton) compared to the previous trading
session, down to 9,917 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 8 (Unit: USD/ton)
% change from previous day
Muntok Indonesian White Pepper
9,917
-0.37
ASTA Malaysian White Pepper
11,900
–
Vietnam white pepper
9,700
–
Update pepper information
According to preliminary data from the Vietnam Pepper and Spices Association (VPSA), in April 2025, Vietnam exported
22,605 tons of pepper of all kinds with a turnover of 184.1 million
USD, compared to the previous month, the export volume increased by
31.3%, the turnover increased by 30%; and compared to the same period in
2024, it increased by 1.3% in volume and 58.% in value.
Of
which, black pepper reached 23,271 tons, white pepper reached 3,319
tons. The average export price of black pepper in April was 6,817
USD/ton, white pepper reached 8,596 USD/ton, up 0.4% for black pepper
and down 2.3% for white pepper compared to March.
The
US remained the largest export market for Vietnamese pepper in April,
reaching 6,404 tons, up 45.9% over the previous month. The following
markets were India: 2,525 tons, up 57.6%; UAE: 2,224 tons, up 74.2%;
Germany: 1,594 tons, up 3.3%, China: 1,337 tons, up 161.6%...
Phuc
Sinh rose to become the leading export enterprise in April, reaching
2,738 tons, up 47.3% compared to March and accounting for 10.3% of the
export market share. Next are the enterprises: Olam Vietnam: 2,583 tons,
up 18.3%; Tran Chau: 1,819 tons, up 38.1%; Nedspice Vietnam: 1,712
tons, down 13.3% and Haprosimex JSC: 1,496 tons, up 17.8%.
In
the first four months of the year, Vietnam exported 74,250 tons of
pepper of all kinds, of which black pepper reached 63,124 tons and white
pepper reached 11,126 tons. Total export turnover reached 510.6 million
USD, black pepper reached 423.2 million USD, white pepper reached 87.4
million USD. Compared to the same period in 2024, the export volume
decreased by 10.6%, but the export turnover increased by 45.0%.
Mainly
due to the average export price of black pepper in the first 4 months
reaching 6,749 USD/ton, up 96.0% and white pepper reaching 8,611
USD/ton, up 73.8% over the same period last year.
Vietnam's
leading pepper export markets after the first 4 months of the year
include: the US: 16,682 tons, accounting for 22.5% and down 26.7% over
the same period. Next are: India: 5,905 tons, accounting for 8.0% of the
market share and up 6.4%; UAE: 4,981 tons, accounting for 6.7% of the
market share and up 42.2%; Germany: 4,952 tons, accounting for 6.7% of
the market share and down 9.7% and China: 3,371 tons, accounting for
4.5% and up 94.4% over the same period.
Exports
also increased sharply in Hong Kong, Australia, Poland but decreased in
the Netherlands, Russia, UK, Egypt, Türkiye, France.
Top white pepper export markets include: China: 1,557 tons, Germany: 1,481 tons, USA: 1,200 tons.
The
leading exporters in the first four months were: Olam Vietnam: 7,692
tons, down 8.0% year-on-year and accounting for 10.4% of the export
market share. The following enterprises were: Phuc Sinh: 6,712 tons, up
32.2%; Nedspice: 6,635 tons, down 6.4%; Tran Chau: 4,425 tons, down
27.3% and Haprosimex JSC: 3,976 tons, down 25.2%.
Leading white pepper exporters include: Olam Vietnam: 1,628 tons, Nedspice Vietnam: 1,350 tons and Phuc Sinh.
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.
Update pepper price
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.
News, forecast for pepper price tomorrow May 8, 2025: Domestic pepper price continues to decrease
Domestic pepper prices on May 8, 2025 are forecast to continue to decrease, with technical selling pressure and limited supply.
Báo Quảng Nam•07/05/2025
Index
Update the latest pepper price on May 7, 2025 in the domestic market
Update the latest pepper price on May 7, 2025 in the world market
News, forecast of pepper price tomorrow May 8, 2025 continues the downward trend in the domestic market
Update the latest pepper price on May 7, 2025 in the domestic market
Area
Average price (VND/kg)
Change (VND)
Gia Lai
153,000
▼500
Ba Ria - Vung Tau
153,000
▼1,000
Dak Lak
155,000
0
Binh Phuoc
153,000
▼1,000
Dak Nong
155,000
0
Updated: 05/07/2025
Today, May 7, 2025, pepper prices in key production areas in Vietnam
showed a slight downward trend, fluctuating between 153,000 - 155,000
VND/kg. This price reflects a short-term adjustment in the domestic
market, in the context that farmers and traders are closely monitoring
supply and demand factors as well as global export developments.
Specifically, pepper prices today, May 7, 2025, in Dak Lak and Dak Nong
reached the highest level, stable at 155,000 VND/kg, unchanged from the
previous trading session. These are two major pepper production areas,
where pepper prices often remain high thanks to product quality that
meets strict standards. Meanwhile, in Gia Lai, pepper prices today
decreased by 500 VND/kg, down to 153,000 VND/kg, showing a slight
adjustment. Similarly, in Binh Phuoc and Ba Ria - Vung Tau, pepper
prices today, May 7, 2025, also decreased by 1,000 VND/kg, reaching
153,000 VND/kg, reflecting the general market trend during this period.
Pepper price today May 7, 2025 in Dak Lak and Dak Nong reached the highest level
The downward trend in pepper prices today, May 7, 2025, may be
influenced by supply pressure or adjustments in demand from the export
market. Although there are no specific export figures for May 2025,
according to the general trend, Vietnam is still one of the world's
leading pepper exporting countries. The decline in domestic prices may
reflect the cautious sentiment of the market in the face of fluctuations
in supply or international trade policies.
In general, pepper
prices today, May 7, 2025, in major production areas in Vietnam show a
slight adjustment period, but remain relatively stable compared to
previous periods. Farmers in key pepper growing areas such as Dak Lak,
Dak Nong, or Ba Ria - Vung Tau continue to closely monitor market
developments, especially factors related to weather, crops in other
major producing countries such as Indonesia, and global trade policies.
With an important role in the world pepper market, the pepper price
trend today, May 7, 2025 not only affects farmers' income but also
shapes Vietnam's export strategy in the coming time.
Update the latest pepper price on May 7, 2025 in the world market
Market
USD/Ton
Change
VND/kg (*)
Indonesian - Black Pepper
7,372
0
192,705
Indonesian - White Pepper
9,985
0
261,008
Brazilian Black - Pepper ASTA 570
6,800
0
177,752
Malaysia - Black Pepper ASTA
9,200
0
240,488
Malaysia - White Pepper ASTA
11,900
0
311,066
Vietnam - Black Pepper 500 g/l
6,700
0
175,138
Vietnam - Black Pepper 550 g/l
6,800
0
177,752
Vietnam - White Pepper ASTA
9,700
0
253,558
Updated from the International Pepper Community (IPC), pepper prices
today, May 7, 2025, on the world market showed remarkable stability,
maintaining a relatively high price level amid continued tightening of
global supply. Specifically, the price of Indonesian Lampung black
pepper reached 7,372 USD/ton, while Muntok white pepper recorded 9,985
USD/ton, both unchanged from the previous trading session. In Malaysia,
ASTA black pepper was stable at 9,200 USD/ton, while ASTA white pepper
remained at 11,900 USD/ton, reflecting stability in the regional market.
Brazil also kept the price of ASTA 570 black pepper at 6,800 USD/ton,
showing consensus in price trends in major producing countries.
In Vietnam, pepper prices today, May 7, 2025, recorded stability with
black pepper 500 g/l and 550 g/l reaching 6,700 and 6,800 USD/ton,
respectively, while ASTA white pepper remained at 9,700 USD/ton.
Although there were no price fluctuations, the global market is facing
the fourth consecutive year of limited supply, due to the impact of
climate change, aging pepper trees, and the trend of switching to
higher-profit crops such as coffee or durian in major producing
countries such as Vietnam, Indonesia and Brazil. Although it is in the
harvest season, the amount of pepper brought to the market by farmers is
still quite small, partly due to the psychology of hoarding goods
waiting for better prices, combined with reduced output due to
unfavorable weather.
Demand from major export markets such as the
US, China and the EU remains stable, with China showing signs of
returning to strong purchasing after a period of stagnation, creating
positive support for pepper prices today, May 7, 2025. However, the
domestic market was under pressure last April, when pepper prices
dropped sharply by VND 4,000 - 5,000/kg due to the new tax policy from
the US, limiting exports to this market and affecting the purchasing
power of export enterprises. However, compared to the same period last
year, pepper prices today, May 7, 2025, are still 57 - 59% higher,
exceeding the average of the last 5 years, bringing optimism to pepper
growers if they have a reasonable sales strategy.
In general,
pepper prices today, May 7, 2025, on the world market show stability,
but there are potential challenges from limited supply and global
economic factors. Pepper growers in Vietnam and other countries need to
continue to closely monitor market developments, especially trade
policies and demand from major markets, to take advantage of
opportunities from the current price level.
News, forecast of pepper price tomorrow May 8, 2025 continues the downward trend in the domestic market
Tomorrow, May 8, 2025, pepper prices are forecast to decrease slightly
or remain stable. According to market analysts, some provinces such as
Binh Phuoc and Gia Lai may see pepper prices decrease due to technical
selling pressure. However, in general, the market will gradually
stabilize within a narrow price range.
Currently, pepper supply
remains limited, while demand shows no signs of decreasing. This could
help pepper prices remain between VND153,000 and VND155,000 per kilogram
in the next few days.
In the world market, pepper prices also
tend to decrease slightly. According to information from the
International Pepper Community (IPC), black pepper prices in Malaysia
have decreased by 100 USD/ton compared to recent trading sessions.
Specifically, the price of Indonesian Lampung black pepper is currently
at 7,372 USD/ton, while the price of Muntok white pepper is purchased at
9,985 USD/ton.
The Malaysian market remained stable, with ASTA
black pepper prices at $9,200/ton and ASTA white pepper prices at
$11,900/ton. In Brazil, the purchase price also did not fluctuate much,
reaching around $6,800/ton.
In Vietnam, the export price of black
pepper fluctuates at 6,700 USD/ton for 500 g/l and 6,800 USD/ton for
550 g/l. The price of white pepper is currently at 9,700 USD/ton.
In summary, the pepper price forecast for May 8, 2025 shows that the
market may undergo a slight adjustment period, but will remain stable
thanks to market demand and limited supply. All details will be updated
early tomorrow morning on baoquangnam.vn.
A
green spice from Vietnam has seen its export price skyrocket by 1,306%,
now nearly four times more expensive than black pepper - the crop often
referred to as "black gold."
According to preliminary statistics from the General Department of
Customs, by the end of April 2025, Vietnam had exported 73,647 tons of
pepper, generating $508 million in revenue. While export volume
decreased by 11.3% year-over-year, the export value jumped by 44.4%.
The average export price of pepper - widely considered Vietnam’s
“black gold” - reached $6,893 per ton, marking a 62.5% increase compared
to the same period in 2024. Pepper is currently one of the two
agricultural products with the highest export price growth in the first
four months of this year.
As of the end of March 2025, black pepper accounted for 64% of total
export volume and 61.4% of total value, reaching approximately 30,700
tons worth around $194.2 million.
Black pepper export prices also rose sharply, increasing 69.2%
year-over-year to $6,587 per ton. However, this remains the
lowest-priced pepper category in Vietnam's export portfolio.
Ground black pepper ranked second in export value, bringing in $57.6
million. Its average export price rose by 63.2% to $7,128 per ton.
White pepper and ground white pepper fetched even higher export
prices, averaging $7,442 and $8,527 per ton, respectively, ranking third
and fourth in terms of export revenue.
The most striking figure, however, comes from green pepper. Although
Vietnam exported only 0.9 tons of green pepper in the first quarter of
2025, its average export price reached an astonishing $25,420 per ton.
This marks a 1,306% increase compared to the same period last year.
Compared to whole black pepper, green pepper now sells at nearly four
times the price.
In Vietnam, freeze-dried green pepper is not as widely available as black or white pepper.
On e-commerce platforms, green pepper is typically sold in small jars
weighing between 50 and 60 grams, priced from 46,000 to 97,000 VND per
jar - equivalent to roughly $36 to $63 per kilogram.
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.
Pepper Market on April 30, 2025: Price has no fluctuations
Pepper prices today
(April 30) are trading at 154,000 - 156,000 VND/kg. Despite the
short-term downward adjustment, experts remain optimistic about the
price trend in the medium and long term.
In the world market
At
the end of the most recent trading session, the International Pepper
Community (IPC) adjusted the price of Indonesian Lampung black pepper to
7,179 USD/ton, up 0.74% compared to the previous trading session.
Elsewhere,
pepper prices remained stable. Currently, Malaysian ASTA black pepper
is quoted at $9,300/ton; Brazilian ASTA black pepper is $6,900/ton.
Vietnam’s black pepper export prices fluctuate between $6,800 and $6,900/ton for 500 g/l and 550 g/l.
Type name
World black pepper price list
April 30 (Unit: USD/ton)
% change from previous day
Lampung Black Pepper (Indonesia)
7,179
+0.74
Brazilian Black Pepper ASTA 570
6,900
–
Kuching Black Pepper (Malaysia) ASTA
9,300
–
Vietnamese black pepper (500 g/l)
6,800
–
Vietnamese black pepper (500 g/l)
6,900
–
At
the same time of survey, the price of Indonesian Muntok white pepper
increased by 0.83% compared to the previous trading session, to 9,724
USD/ton.
Meanwhile,
in Malaysia, the price of Malaysian ASTA white pepper remained
unchanged at 11,900 USD/ton. In addition, the price of Vietnamese white
pepper also remained unchanged at 9,800 USD/ton.
Type name
World white pepper price list
April 30 (Unit: USD/ton)
% change from previous day
Muntok Indonesian White Pepper
9,724
+0.83
ASTA Malaysian White Pepper
11,900
–
Vietnam white pepper
9,800
–
Update pepper information
Despite
the short-term correction, experts and the Vietnam Pepper and Spice
Association (VPSA) remain optimistic about the medium- and long-term
price trend. According to VPSA, the key factor affecting the market
today is not the US tax policy, but the global supply-demand balance,
according to the Financial and Monetary Market Journal.
In
fact, pepper production in many major producing countries is seriously
declining due to the impact of climate change, disease and high input
costs. In Indonesia and India – two major producers in the region – the
2025 crop output is forecast to decrease significantly. This leads to
increasingly tight global supply, especially in the context of pepper
consumption demand in markets such as Europe, the US and the Middle East
remaining at high levels.
At
the same time, the US's 90-day suspension of reciprocal tariffs on
pepper is also considered a positive factor, giving export businesses
more time to adapt, plan to renegotiate contracts and stabilize cash
flow.
In
the context of many producing countries facing difficulties, Vietnam –
as the world’s leading pepper supplier – has a great advantage. Stable
output, continuously improving product quality, combined with a
professional logistics and export system, help Vietnamese enterprises
maintain their position and be able to meet the needs of the most
demanding markets.
However,
to take advantage of the opportunity from the price increase trend,
experts recommend that businesses need to focus more on building brands,
improving deep processing capacity, developing value-added products
such as organic pepper, pre-ground pepper, and especially expanding the
international distribution system.
Although
currently undergoing a short-term adjustment period, with the outlook
for global supply and demand imbalance, pepper prices are likely to
recover in the coming months. The growth in export value, even as output
declines, is a clear testament to the potential and competitive
advantage that the Vietnamese pepper industry holds.
In
the context of the agricultural industry in general facing many
challenges, pepper is still a bright spot if it has a flexible
production and business strategy, grasps market signals well and
continues to consolidate traditional markets in addition to expanding to
new potential markets.
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