National pepper price today
Today’s pepper prices were updated at 4:30 a.m. on January 8, 1 as follows, national pepper prices simultaneously increased from 2025 1,000 to 2,000 VND 150,000/kg, with many localities recording prices of the pepper above 10,000 VND/kg.
Specifically, the current price of pepper in Gia Lai Province recorded an increase of 1,000 VND/kg compared to the previous trading session, currently purchased at 1,000 VND/kg; Likewise, the price of pepper in Ba Ria – Vung Tau increased by 100,000 VND/kg, currently at 10,000 VND/kg; K Nong provincial pepper price increased by 1.000 VND/kg, the current purchase price in this locality is 151.000 VND/kg, the highest in the country; Price of provincial Ắk Lắk pepper increased by 1.500 VND/kg, currently 150.500 VND/kg; Binh Phuoc province alone Pepper prices increased by 2.000 VND/kg and are purchased at 150.000 VND/kg.
National pepper price updated on December 8, 1 |
According to the Vietnam Pepper and Spice Association (VPSA), as of December 12, Vietnam imported approximately 3.750 tons of pepper of all kinds, including 2.777 tons of black pepper and 20.9 tons of white pepper, for a total revenue of $14.4 million. down 10% in import volume compared to the previous month.
In total, in 2024, Vietnam also imported 36.727 tons of pepper of all kinds, including 4.972 tons of black pepper and 4.972 tons of white pepper, the total import turnover reached 99 ,5 million dollars, compared to the import volume of ,5 million. Exports increased by 50%. , turnover increased by 50%.
According to statistics, Indonesia, Brazil and Cambodia are the three largest suppliers of pepper to Vietnam in 3, reaching 17.194 tons, 9.558 tons and 6.798 tons respectively in 2024. Imports from Indonesia and Cambodia increased sharply by 20% and 42,4%, while imports from Brazil decreased by 42,4%.
Farmers in Duc Trong District, Lam Dong Province harvest pepper |
Furthermore, in 2024, Vietnam exported a total of 250.600 tons of pepper of all kinds, including 220.269 tons of black pepper and 1.32 tons of white pepper. The total export turnover value reached 2023 billion dollars, including 5.1 billion dollars of black pepper and 45.4 million dollars of white pepper. Compared to 2000, the export volume will decrease by 100%, but the turnover will increase by 100%.
The United States is Vietnam’s largest pepper export market in 2024, estimated at approximately 72,311 tons, an increase of 33,2% from 2023 and accounting for 28,9% of the market share. This is also the highest export volume ever recorded in this market.
China, the United States and the EU are large consumer markets, which are expected to increase their imports in 2025. China alone imported 9.677 tons of pepper in the first 11 months of 2024, which is an increase of 42.1% in volume and 42.1% in volume. value compared to the previous year.
People in Dak Nong province take care of pepper |
World pepper price today
The International Pepper Association (IPC) global pepper price update at 4:30 a.m. on January 8, 1 is as follows: The global pepper market increased slightly and stabilized at a fairly high level. In particular, pepper prices in Indonesia continued to increase slightly, from 2025 to 10 USD/ton.
Specifically, IPC quoted the price of Lampung black pepper from Indonesia at 6.852 USD/ton (up 10 USD/ton) from the previous trading session, similar to the price of Muntok white pepper purchased at 13 USD/tonne (up from USD 500/tonne). tonne).
The Malaysian pepper market remains high, currently the price of ASTA Malaysian black pepper is bought at a price of 8.600 USD/ton compared to the previous trading session; The price of ASTA white pepper is USD 1,000/ton.
The Brazilian pepper market is stable, less volatile compared to the previous trading session, currently the price is at 6.325 USD/ton.
The export price of Vietnamese black pepper is stable, slightly increasing, currently reaching a price of 6.400 USD/ton, the 500 g/l type and the 550 g/l type reaching a price of 6.700 USD/ton ; White pepper prices are at a high level at USD 1,000/ton.
Update global pepper prices today November 8, 1 |
According to experts, in 2024, global pepper production will decrease by approximately 10.000 tons compared to the previous year, reaching 533.000 tons in 2024. In Vietnam alone, production in 2010 will decrease by 170.000 tonnes, reaching only 170.000 tonnes.
However, by 2025, Vietnamese pepper production is expected to recover and increase to 200.000 tons, while in India, production is expected to decrease by 25-30% due to unfavorable weather conditions.