VINAGRI News - Over the past week, domestic pepper prices in Vietnam climbed by 1,000 VND/kg, reaching 148,000 - 150,000 VND/kg in several key producing provinces. Meanwhile, global black pepper prices declined across major producing countries such as Indonesia, Brazil, and Malaysia.
According to data from the International Pepper Community (IPC), export prices of black pepper from leading producers generally fell during the week.
In detail, Lampung black pepper from Indonesia dropped USD 82/ton from the previous week to USD 6,945/ton. In Brazil, ASTA 570 black pepper declined by USD 100/ton, trading at USD 6,500/ton. Similarly, Kuching black pepper from Malaysia fell USD 100/ton to USD 9,600/ton.
Vietnam stood out as the only country maintaining stable export prices, with 500 g/l and 550 g/l black pepper quoted between USD 6,600 - 6,800/ton.
At the same time, Muntok white pepper from Indonesia was priced at USD 9,841/ton, down USD 116/ton from the previous week. In contrast, Malaysia’s white pepper ASTA recorded a sharp increase of USD 100/ton, reaching USD 13,000/ton. Meanwhile, Vietnam’s white pepper remained unchanged at USD 9,250/ton throughout the week.
Vietnam’s pepper exports surge in value
According to data from the General Department of Vietnam Customs, Vietnam exported 9,720 tons of pepper in the first half of September, worth USD 63.7 million - a sharp increase of 28.5% in volume and 35.1% in value compared with the same period last year.
Cumulatively, from the beginning of the year to September 15, Vietnam exported 175,818 tons of pepper, worth nearly USD 1.2 billion - down 8.1% in volume but up 28.7% in value year-on-year. This represents the lowest export volume since 2018, but also the highest export value for the same period on record.
The average export price of Vietnamese pepper reached USD 6,789/ton as of September 15, up 40% compared with the same period in 2024.
Favorable narket outlook supported by tight supply and rising demand
The Import-Export Department under the Ministry of Industry and Trade (MoIT) forecasts that pepper prices will continue to fluctuate depending on weather conditions in major growing regions and import demand from key markets. However, in the short term, the market outlook remains favorable for farmers and exporters, supported by strong international interest and limited supply from some producing countries.
Domestic stock levels are also declining as the harvest season ends, while demand from key export markets is expected to rise, helping to support high prices in the coming months. In addition, many Vietnamese exporters are planning to reduce imports of raw pepper for processing and re-export to the U.S. market due to high transit tariffs of up to 40%, further tightening supply.
Sustaining growth through quality and branding
Authorities emphasize that to sustain export growth, Vietnamese enterprises must focus on improving quality, meeting strict phytosanitary and traceability standards, and building brand value in premium markets.
Vietnam’s pepper sector currently enjoys a dual advantage: rising domestic prices and steady export performance, while global demand remains firm. This marks a positive turnaround after several years of volatility in the global pepper market.
In the long term, the MoIT recommends a strategic shift toward value-added processing, brand development, and market diversification, rather than relying solely on raw exports. In the short term, the upward price trend is expected to continue benefiting farmers and boosting agricultural export revenues in the final months of 2025.
NPK/ Vinagri News
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