Pepper Market August 6, 2025

 

Vietnam's pepper exports increased by 100 USD/ton

Pepper prices today  (August 6) increased by VND500/kg in Dak Lak and remained stable in other localities. In the export market, Vietnamese pepper prices also increased by USD100/ton. However, pepper exports in July decreased compared to the previous month and the same period last year.

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In the domestic market

According to a survey,  pepper prices  in the domestic market today fluctuated between 139,000 - 140,000 VND/kg, slightly increased in Dak Lak and stable in other localities.

Specifically,  pepper price   in Dak Lak increased by 500 VND/kg compared to yesterday, up to 140,000 VND/kg.

In Dak Nong, pepper prices remained stable at VND140,000/kg. In other localities such as Gia Lai, Ba Ria – Vung Tau, Dong Nai and Binh Phuoc, prices were generally around VND139,000/kg, unchanged from the previous day.

Market (survey area)	Purchase price on August 6 (Unit: VND/kg)	Change from previous day (Unit: VND/kg)
Dak Lak	140,000	+500
Gia Lai	139,000	–
Dak Nong	140,000	–
Ba Ria – Vung Tau	139,000	–
Binh Phuoc	139,000	–
Dong Nai	139,000	–

In the world market

In the most recent trading session, the International Pepper Community (IPC) said that Vietnam's black pepper  export   price increased by 100 USD/ton, to 6,240 USD/ton for 500 g/l black pepper and 6,370 USD/ton for 550 g/l black pepper.

Trading prices in other countries did not record any new fluctuations, Indonesian black pepper continued to be traded at 7,108 USD/ton, Brazilian black pepper ASTA 570 was priced at 6,000 USD/ton and Malaysian black pepper ASTA reached the highest at 8,900 USD/ton.

Type name	World black pepper price list
	August 6 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7.108	–
Brazilian Black Pepper ASTA 570	6,000	–
Kuching Black Pepper (Malaysia) ASTA	8,900	–
Vietnamese black pepper (500 g/l)	6,240	+1.60
Vietnamese black pepper (500 g/l)	6,370	+1.56

At the same time of the survey, Vietnam's white pepper export price increased by 100 USD/ton, up to 8,950 USD/ton.

Meanwhile, the price of Indonesian Muntok white pepper remained at 9,937 USD/ton, while Malaysian ASTA white pepper reached 11,750 USD/ton.

Type name	World white pepper price list
	August 6 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	9,937	–
ASTA Malaysian White Pepper	11,750	–
Vietnam white pepper	8,950	+1.12

Update pepper information

According to statistics from the Vietnam Pepper and Spices Association (VPSA), in July, Vietnam exported 20,913 tons of pepper of all kinds, including 18,332 tons of black pepper and 2,581 tons of white pepper, with a total turnover of 137.5 million USD. Compared to the previous month, the export volume decreased by 10.8% and the turnover decreased by 12.7%, and compared to July 2024, it decreased by 3.9% in volume but increased by 5.8% in turnover.

The average export price of black pepper in July reached 6,395 USD/ton for black pepper, down 47 USD/ton compared to June; while that of white pepper reached 8,570 USD/ton, up 298 USD/ton.

Nedspice Vietnam continued to be the leading exporter in July, with a volume of 2,315 tons, up 13.7% over the previous month and accounting for 11.1%. Following were Olam Vietnam: 1,860 tons, Phuc Sinh: 1,464 tons; Simexco Dak Lak: 1,490 tons; and Haprosimex JSC: 1,055 tons.

Meanwhile, the largest export markets include: US: 3,427 tons, down 22.8% compared to the previous month; UAE: 2,441 tons, up 41.3%; China: 1,689 tons, down 49.3%; Netherlands: 897 tons, up 43.1%; India: 821 tons, down 33.7%.

Cumulatively from January 1 to July 31, 2025, Vietnam exported 145,046 tons of pepper of all kinds with a turnover of 988 million USD. Compared to the same period in 2024, the export volume decreased by 11.7%, but the turnover increased by 29.3%.

Of which, enterprises exported 124,271 tons of black pepper, worth 820.3 million USD, and 20,775 tons of white pepper, worth 167.7 million USD.

The average export price of black pepper in the first 7 months reached 6,601 USD/ton, white pepper reached 8,072 USD/ton, up 47% for black pepper and 41.2% for white pepper respectively compared to the same period last year.

In the first 7 months of this year, pepper exports to most regions decreased compared to the same period last year. Of which, America, Europe and Africa decreased by 28.7%, 21.2% and 9.6% respectively, while Asia increased by 6.8%.

Regarding the market, the US continued to be Vietnam's largest pepper export market in the first 7 months of the year, with a volume of 30,890 tons, but compared to the same period last year, it decreased sharply by 28.7% and accounted for 21.3% of the market share.

Next is UAE with 11,188 tons, up 2.7% and accounting for 7.7%; China: 10,982 tons, up 36.3% and accounting for 7.6%; India: 9,625 tons, up 10.1% and accounting for 6.6%; Germany: 7,899 tons, down 27.8%, accounting for 5.4%.

The largest pepper exporting enterprises in the first 7 months of the year include: Olam Vietnam with 14,248 tons, down 10.8% and accounting for 9.8%; Nedspice Vietnam: 12,919 tons, up 5.6%; Phuc Sinh: 11,696 tons, down 15.1%; Simexco Dak Lak: 7,817 tons, down 5% and Haprosimex JSC: 7,515 tons, down 36.5%. Thus, up to 4/5 leading enterprises recorded a decrease in exports.

According to VietnamBiz.vn

Pepper price forecast for tomorrow, August 5, 2025

 

Prepare to welcome the golden opportunity from the US

Pepper price forecast on August 5, 2025 is stable at 139,000-141,000 VND/kg, possibly increasing slightly. Golden opportunity from the US market helps Vietnamese pepper ready to break out!

Báo Đà Nẵng•04/08/2025

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Update pepper price situation yesterday

Pepper price today August 4: Two pepper "capitals" are having the highest price

Pepper prices remain stable nationwide for 2 days

According to records from the main growing areas in the Central Highlands and the Southeast, pepper prices on August 4, 2025 did not have any fluctuations compared to the previous day. This is a rare event, causing many people to worry about the possibility that the market has peaked. Specifically:

Central Highlands: Gia Lai maintains 139,000 VND/kg, Dak Lak maintains 139,500 VND/kg.

Southeast: Ho Chi Minh City and Dong Nai are both stable at 139,000 VND/kg.

It is worth mentioning that in Dak Nong - now merged into Lam Dong, pepper prices reached the highest level nationwide: 140,000 VND/kg. This price is significantly higher than in neighboring regions, creating a big difference.

The world market also has no fluctuations.

The slowdown has not only occurred in Vietnam but also spread to international markets. Pepper prices in major exporting countries have remained stable, signaling a general "resting" period for the market.

Indonesia: Lampung black pepper remained at 7,063 USD/ton, Muntok white pepper at 9,873 USD/ton.

Malaysia: ASTA black pepper maintained at 8,900 USD/ton, ASTA white pepper at 11,750 USD/ton.

Brazil: Black pepper ASTA 570 stable at USD 6,000/ton.

Vietnam's pepper export prices are similar. Black pepper 500g/l and 550g/l remained at $6,140/ton and $6,270/ton, respectively, while white pepper was $8,850/ton.

News, pepper price forecast tomorrow August 5, 2025

Pepper price on August 5, 2025 in the country

According to experts, domestic pepper prices on August 5, 2025 are likely to remain high, and may even increase slightly. Pepper prices are forecast to fluctuate between VND 139,000 - 141,000/kg. In key areas such as Dak Lak and Lam Dong, prices may increase by VND 1,000 - 2,000/kg if exports improve and domestic supply dries up.

The positive forecasts are due to the increasingly limited supply of pepper. Harvesting in many major growing regions has ended early, while new supplies are not sufficient to replenish. In addition, dry weather has affected productivity in some areas of the Central Highlands, adding to concerns about supply.

Pepper price on August 5, 2025 on the world market

In the world market, pepper prices are being greatly affected by the new trade policy of the US. The administration of President Donald Trump may impose a 25% tax on imported spices from India, making products such as pepper, turmeric, and ginger from this country less competitive than those from Vietnam and Indonesia.

This is seen as a golden opportunity for Vietnamese exporters. While Indian products may be subject to a 25% tariff, Vietnamese pepper is only subject to a 20% tariff. This difference could help Vietnam and Indonesia gain more market share in the US market, which is India’s second-largest spice export market. Indian exporters have also expressed concerns about the risk of losing orders and a short-term drop in revenue.

General future trends

Overall, the upward trend in pepper prices remains solid. Limited supply and Vietnam’s position as the world’s largest supplier, accounting for more than 50% of global exports, are key factors that make it difficult for pepper prices to fall sharply.

However, the market still has some potential risks that need to be monitored. Pepper prices in Brazil and Indonesia may recover, creating competitive pressure. In addition, problems in VAT refund policies may affect Vietnam's export activities. These are factors that may cause pepper prices to stagnate or adjust slightly in the short term.

Source: https://baodanang.vn/du-bao-gia-tieu-ngay-mai-5-8-2025-chuan-bi-don-co-hoi-vang-tu-my-3298641.html

Pepper Market August 4, 2025

 

Indian Spice Exporters Worry About Losing Market Share in the US to ASEAN Countries

Pepper prices in the domestic market remained stable today  at around VND139,000-140,000/kg. Indian exporters said the 25% tariff would make the country’s spices less attractive in the US market compared to products originating from Vietnam and Indonesia.

Update pepper price

In the domestic market

Recorded this morning,  pepper prices  in the domestic market remained stable at around 139,000 - 140,000 VND/kg.

Of which,  the pepper price   in Dak Nong is currently being purchased at the highest level of 140,000 VND/kg. Next is Dak Lak at 139,500 VND/kg, Gia Lai at 139,000 VND/kg.

In localities in the Southeast region such as Ba Ria - Vung Tau, Dong Nai and Binh Phuoc, pepper prices are commonly at 139,000 VND/kg.

Market (survey area)	Purchase price on August 4 (Unit: VND/kg)	Change from previous day (Unit: VND/kg)
Dak Lak	139,500	–
Gia Lai	139,000	–
Dak Nong	140,000	–
Ba Ria – Vung Tau	139,000	–
Binh Phuoc	139,000	–
Dong Nai	139,000	–

In the world market

According to data from the International Pepper Community (IPC), Indonesian black pepper prices are currently quoted at $7,063/ton, Brazilian black pepper ASTA 570 is at $6,000/ton, while Malaysian black pepper ASTA stands at the highest at $8,900/ton.

 Vietnam's black pepper  export  price ranges from 6,140 - 6,270 USD/ton for 500 g/l and 550 g/l black pepper.

Type name	World black pepper price list
	August 4 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,063	–
Brazilian Black Pepper ASTA 570	6,000	–
Kuching Black Pepper (Malaysia) ASTA	8,900	–
Vietnamese black pepper (500 g/l)	6.140	–
Vietnamese black pepper (500 g/l)	6,270	–

At the same time of survey, the price of Indonesian Muntok white pepper reached 9,873 USD/ton. The export price of Vietnamese white pepper stood at 8,850 USD/ton, while the highest price of Malaysian ASTA white pepper was 11,750 USD/ton.

Type name	World white pepper price list
	August 4 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	9,873	–
ASTA Malaysian White Pepper	11,750	–
Vietnam white pepper	8,850	–

Update pepper information

According to  The Hindu Business Line , Indian exporters say the 25% tariff imposed by the Trump administration will make Indian spices such as pepper, turmeric and ginger less attractive in the US market compared to products originating from Vietnam and Indonesia. They fear losing market share in these product groups to competitors in the ASEAN region.

The US is currently the second largest market for Indian spices exports. According to data from the Spices Board of India, India’s exports of spices and spice products to the US in the financial year 2024–25 were valued at $711 million, up 15% from $619.29 million the previous year. In volume terms, exports increased by 13%, from 111,400 tonnes to 125,600 tonnes.

 The spices industry is now waiting to see what the final tariff will be, as well as the penalty on oil  imports  from Russia, said Emmanuel Nambusseril, president of the All India Spices Exporters Forum.

Currently, India’s main competitors in black/white pepper are Vietnam and Indonesia, with Vietnam’s tariffs at 20% and Indonesia’s at 19%. These countries would have a clear advantage if India were to be imposed with a 25% tariff, not to mention additional penalties, Nambuserril said.

For other spices, US buyers will still have to rely on India – the world’s largest producer (and consumer) of spices – despite the additional tariffs and penalties.  “Exports   may be down in the short term, but we expect them to stabilize in about three to four months,” Nambusseril said.

Currently, Indian spices are subject to a 10% duty, and most exporters have passed the cost on to buyers. “So far, we have not received any negative feedback from US buyers,” Nambusseril added.

Mr Nambusseril also said that as tariffs increase, US importers may slow down their purchases, while Indian exporters cannot absorb the cost of tariffs or additional penalties and are forced to pass these costs on to their product prices.

Mr. Prakash Namboodiri, Director of AB Mauri India (Spices), commented that Indian spices will become more expensive for US importers and retailers, making them less competitive compared to alternative products.

“Countries like Vietnam, Indonesia – where tariffs are lower – can take market share from India, especially in competitive products like pepper, turmeric, ginger…,” he said.

As a result, spice brands in US supermarket chains may be forced to raise prices or cut product lines, affecting consumer demand. This will lead to a decline in consumption and export turnover.

Exporters are likely to face delivery delays, contract renegotiations, increased logistics costs, extended capital turnover times, lost orders and uncertain prospects.

The importance of the US market for Indian spices exports cannot be understated, as the US is the second largest importer and also the largest value-added buyer of processed spices. India’s spice exports in FY2024–25 are expected to grow by nearly 6% to a record $4.7 billion, compared to $4.46 billion the previous year.

In addition, Mr. Namboodiri said that importers are not willing to shoulder the 25% tariff increase and are expecting exporters to share most of the additional costs. Meanwhile, Indian spice exports typically have low profit margins of around 2–5%, making it extremely difficult to maintain orders. Indian suppliers have also pre-purchased raw materials for contracts, so if orders are canceled, they will incur huge losses.

According to VietnamBiz.vn

Pepper Market on August 3, 2025

 

Domestic price increased by 1,500 - 3,000 VND last week, mixed export price

Last week,  domestic pepper prices  increased by VND1,500 to VND3,000 per kilogram, reaching VND139,000 to VND140,000 per kilogram. In contrast, export pepper prices decreased by USD300 per ton compared to last week. The downward trend was also recorded in the Indonesian market, while Brazil increased again.

Update pepper price

In the domestic market

At the end of last week,  pepper prices  in the domestic market fluctuated between 139,000 - 140,000 VND/kg, an increase of 1,500 - 3,000 VND/kg compared to the previous week.

Specifically,  pepper prices   in Dak Nong increased by a total of 2,000 VND/kg and are currently being purchased at the highest price of 140,000 VND/kg.

Next is Dak Lak at 139,500 VND/kg, an increase of 1,500 VND/kg compared to last week.

Meanwhile, Gia Lai recorded the strongest increase, up to 3,000 VND/kg, reaching 139,000 VND/kg.

In the Southeast region, pepper prices are currently at 139,000 VND/kg in Ba Ria - Vung Tau, Dong Nai and Binh Phuoc, an increase of 2,000 VND/kg over the past week.

Market (survey area)	Purchase price on August 3 (Unit: VND/kg)	Change compared to last week (Unit: VND/kg)
Dak Lak	139,500	+1,500
Gia Lai	139,000	+3,000
Dak Nong	140,000	+2,000
Ba Ria – Vung Tau	139,000	+2,000
Binh Phuoc	139,000	+2,000
Dong Nai	139,000	+2,000

Source: Hoang Hiep synthesis

In the world market

According to data from the International Pepper Community (IPC), Indonesian black pepper prices closed last week at $7,063 per tonne, down 1.02% ($73 per tonne) from a week earlier.

 Vietnam's black pepper  export  price also decreased by 300 USD/ton, ranging from 6,140 - 6,270 USD/ton for 500 g/l and 550 g/l black pepper.

In contrast, the price of Brazilian black pepper ASTA 570 increased by 100 USD/ton, to 6,000 USD/ton.

In particular, Malaysian ASTA black pepper remained stable at USD 8,900/ton, unchanged from last week.

Type name	World black pepper price list
	August 3 (Unit: USD/ton)	% change from last week
Lampung Black Pepper (Indonesia)	7,063	-1.02
Brazilian Black Pepper ASTA 570	6,000	+1.69
Kuching Black Pepper (Malaysia) ASTA	8,900	–
Vietnamese black pepper (500 g/l)	6.140	-4.66
Vietnamese black pepper (500 g/l)	6,270	-4.57

At the same time of survey, the price of Indonesian Muntok white pepper decreased by 102 USD/ton last week, down to 9,873 USD/ton.

Similarly, Vietnam's white pepper export price also decreased by 300 USD/ton, reaching 8,850 USD/ton.

Meanwhile, Malaysian ASTA white pepper remained stable at 11,750 USD/ton.

Type name	World white pepper price list
	August 3 (Unit: USD/ton)	% change from last week
Muntok Indonesian White Pepper	9,873	-1.02
ASTA Malaysian White Pepper	11,750	–
Vietnam white pepper	8,850	-3.28

Update pepper information

Speaking with  Ho Chi Minh City Law Newspaper , Mr. Le Viet Anh, General Secretary of the Vietnam Pepper and Spice Association (VPSA), said the pepper industry is facing difficulties when the VAT Law takes effect from July 1.

The main problems are related to the VAT refund mechanism and the impact of VAT regulations on exports and businesses in the industry.

VPSA representative said that through feedback from businesses in the association, it is seen that applying 5% VAT on agricultural products in general, including pepper and spices, is not appropriate.

According to Mr. Viet Anh, the current production output of the Vietnamese pepper industry is estimated at about 200 thousand tons per year. Of which, 95% is exported and only 5% is consumed domestically. Of this 5%, only about 2.5% is deeply processed and consumed domestically. Therefore, the state only collects VAT from this part of the product. Most of the remaining output will be exported so it is not subject to VAT, so exporting enterprises will be refunded VAT.

Mr. Viet Anh said that the problem arising from the current tax mechanism is that although VAT on 5% of domestically consumed spices is fully collected, the 95% exported portion, equivalent to 2,135 billion VND in VAT, will be refunded by the state.

However, the tax refund mechanism has recently revealed many loopholes that facilitate tax refund fraud, affecting legitimate export businesses. These incidents have caused damage to businesses and reduced transparency in tax collection.

"Therefore, the export business community is very worried that this risk may continue to recur when implementing the tax refund mechanism as prescribed in the new VAT Law," said Mr. Viet Anh.

In the face of the above situation, VPSA representatives proposed that the government adjust the VAT mechanism towards applying 0% VAT on input materials used for export. Eliminate the export tax refund mechanism for pepper and spices, because the tax refund is not commensurate with social resources and greatly affects the working capital flow of enterprises.

While waiting for the Ministry of Finance to review and report to the superior agency for consideration, permission to postpone the implementation of the VAT Law after July 1, 2025.

According to VietnamBiz.vn

Pepper Market August 2, 2025

Vietnamese goods exported to the US are subject to a 20% reciprocal tax

Pepper prices in the domestic market today  are stable at around 139,000 - 140,000 VND/kg. According to the announcement of the White House, the reciprocal tax rate for Vietnamese goods exported to the US has decreased from 46% to 20%.

Update pepper price

In the domestic market

Pepper prices  this morning in the domestic market fluctuated between 139,000 - 140,000 VND/kg.

Specifically,  the pepper price   in Dak Nong is currently being purchased at the highest level of 140,000 VND/kg. Next is Dak Lak at 139,500 VND/kg, Gia Lai at 139,000 VND/kg.

In the Southeast region, pepper prices are commonly at 139,000 VND/kg in Ba Ria - Vung Tau, Dong Nai and Binh Phuoc.

Market (survey area)	Purchase price on August 2 (Unit: VND/kg)	Change from previous day (Unit: VND/kg)
Dak Lak	139,500	–
Gia Lai	139,000	–
Dak Nong	140,000	–
Ba Ria – Vung Tau	139,000	–
Binh Phuoc	139,000	–
Dong Nai	139,000	–

In the world market

At the end of the most recent trading session, according to the International Pepper Community (IPC), the price of Indonesian black pepper was listed at 7,063 USD/ton, continuing to decrease slightly by 0.21% compared to the previous trading session.

In other leading producing countries, black pepper  export  prices  remained generally stable. Malaysian ASTA black pepper remained at $8,900/ton; Brazilian ASTA 570 pepper reached $6,000/ton.

Vietnam's black pepper export price ranges from 6,140 - 6,270 USD/ton for 500 g/l and 550 g/l black pepper.

Type name	World black pepper price list
	August 2 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,063	-0.21
Brazilian Black Pepper ASTA 570	6,000	–
Kuching Black Pepper (Malaysia) ASTA	8,900	–
Vietnamese black pepper (500 g/l)	6.140	–
Vietnamese black pepper (500 g/l)	6,270	–

Similar to black pepper, Indonesian Muntok white pepper price decreased by 0.21% compared to the previous day, down to 9,873 USD/ton.

Meanwhile, Vietnamese white pepper remained unchanged at 8,850 USD/ton, while Malaysian ASTA white pepper reached 11,750 USD/ton.

Type name	World white pepper price list
	August 2 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	9,873	-0.21
ASTA Malaysian White Pepper	11,750	–
Vietnam white pepper	8,850	–

Update pepper information

According to the International Trade Center (ITC), in the first 5 months of 2025, the total  import  volume  of the US reached 36,260 tons, down 3.3% compared to the same period last year and up 29.1% compared to the same period in 2023.

The largest pepper suppliers to the US include: Vietnam: 23,348 tons, accounting for 64.4% and down 17.8% over the same period. Next is Indonesia: 5,975 tons, up 90.3%, accounting for 16.5% of the market share; India: 3,808 tons, up 20.1%, accounting for 10.5% of the market share and Brazil: 1,722 tons, up 14.9%, accounting for 4.7% of the import market share.

Early morning of August 1, 2025 (Vietnam time), the White House posted President Donald Trump's Executive Order on adjusting reciprocal tax rates, according to which the US decided to adjust the reciprocal tax rates for 69 countries and territories listed in Appendix I. According to this Appendix, the reciprocal tax rate for Vietnam is reduced from 46% to 20%.

Thus, this tax rate of Vietnam is lower than the 25% of Indian goods and 20% of Sri Lanka. At the same time, it is insignificantly higher than the 19% of some countries in the Southeast Asian region such as Cambodia, Indonesia or Malaysia.

Meanwhile, Brazil alone risks facing tariffs of up to 50% from August 6.

The Vietnam Pepper and Spice Association (VPSA) believes that although Vietnam's pepper exports to the US have decreased recently, this may be a temporary result during the market's adjustment period before the new tax policy.

The US market is expected to see a sharp increase in orders in the fourth quarter of 2025 and the first quarter of 2026, as importers begin to build inventories for the peak consumption season.

Tariff advantages over some major competitors, along with stable supply capacity, are the basis for expecting that Vietnam's pepper exports to the US will recover positively in the second half of 2025.

According to VietnamBiz.vn

 

Pepper Market on July 31, 2025:

 Domestic and world prices increase simultaneously

Pepper prices today increased by VND1,000/kg in some localities, fluctuating between VND139,000 - 140,000/kg. In the world market, pepper prices from Indonesia and Brazil also recovered.

In the world market

At the end of the most recent trading session, according to the International Pepper Community (IPC), the price of Indonesian black pepper was listed at 7,109 USD/ton, up 0.07% (equivalent to 5 USD/ton) compared to the previous trading session.

Similarly, the price of Brazilian pepper ASTA 570 also increased by 100 USD/ton, to 5,900 USD/ton.

Meanwhile, the price of Malaysian ASTA black pepper remained stable at USD 8,900/ton.

 Vietnam's black pepper  export  price ranges from 6,140 - 6,270 USD/ton for 500 g/l and 550 g/l black pepper.

Type name	World black pepper price list
	July 31 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7.109	+0.07
Brazilian Black Pepper ASTA 570	6,000	+1.67
Kuching Black Pepper (Malaysia) ASTA	8,900	–
Vietnamese black pepper (500 g/l)	6.140	–
Vietnamese black pepper (500 g/l)	6,270	–

At the same time of survey, the price of Indonesian Muntok white pepper increased by 7 USD/ton, up to 9,937 USD/ton.

Vietnam white pepper remained stable at 8,850 USD/ton, while Malaysian ASTA white pepper reached 11,750 USD/ton.

Type name	World white pepper price list
	July 31 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	9,937	+0.07
ASTA Malaysian White Pepper	11,750	–
Vietnam white pepper	8,850	–

Update pepper information

On July 30, 2025, the Vietnam Pepper and Spice Association (VPSA) sent Official Dispatch No. 77/CV-VPSA to relevant agencies, including the Government Office, the National Assembly, the Ministry of Finance, the Ministry of Agriculture and Rural Development, the Ministry of Industry and Trade and relevant ministries and branches, requesting a review of the value-added tax (VAT) policy applicable to the pepper and spice industry.

According to VPSA, the Vietnamese pepper industry currently produces about 200,000 tons per year, of which 95% (190,000 tons) is exported. However, only about 2.5% of output (5,000 tons) is deeply processed and consumed domestically – the only part subject to VAT. The rest is exempt from tax and businesses are refunded VAT.

With an export turnover of 1.3 billion USD, the 5% VAT for the whole industry is equivalent to 65 million USD. However, only about 1.625 million USD of tax is actually collected from domestic consumption, the remaining 63 million USD must be refunded to exporting enterprises.

The same situation applies to other spice groups. Of the total of more than 400,000 tons of spices exported in 2024, only 10,000 tons will be consumed domestically, generating about VND55 billion in VAT, while the expected tax refund is about VND2,135 billion.

VPSA expressed concern that the current tax refund mechanism is creating loopholes, giving rise to fraud, causing damage to legitimate businesses and affecting transparency in tax administration. Therefore, exporting enterprises are concerned that these shortcomings will continue when the new VAT Law takes effect from July 1, 2025.

To support sustainable industry development, VPSA proposes a number of solutions:

– Apply 0% VAT to input materials used for export.

– Eliminate the export tax refund mechanism for pepper and spices, because the tax refund is not commensurate with social resources and greatly affects the working capital flow of enterprises.

– It is possible to consider the possibility of applying a 0.5% export tax. This solution will immediately help the State collect taxes on export transactions, contributing to supporting the implementation of the task of  collecting budget   from taxes while helping businesses have proactive business capital, fast capital turnover, and not having to wait for suspended tax refunds.

– Maintain 5% VAT on input materials for production, processing and domestic consumption.

- Propose that the Ministry of Finance consider and report to the superior agency for consideration and permission to postpone the implementation of the VAT Law after July 1, 2025.

The association emphasized that in the context of the industry's export profit margin of only 1-3% and great competitive pressure from countries such as Indonesia, India, and Brazil, continuing to apply the current tax refund mechanism will be a major barrier to the industry's sustainable development.

According to VietnamBiz.vn