AsemconnectVietnam - On Tuesday, domestic pepper prices in Vietnam's Central Highlands fell by 500 VND to VND66,500 – VND69,500 per kg compared to Yesterday, according to Kinhtedothi.vn.

In Ba Ria-Vung Tau province, the maximum price for pepper decreased to VND69,500 per kg, while in Gia Lai province, the lowest price at VND66,500 per kg. Farmers in Binh Phuoc sold pepper for VND68,500 per kilogram, in Dong Nai province for VND67,000 per kilogram, and in Dak Lak and Dak Nong provinces for VND67,500 per kilogram.
Export of pepper beans and spices would earn Vietnam 2 billion USD in 2025, according to President of the Vietnam Pepper Association (VPA) Hoang Thi Lien.
At a conference on pepper and spice export on April 21, Lien said the forecast is based on expectations that pepper prices will rise as demand recovers after COVID-19 while supply remains scarce.
Export prices are also expected to increase when processing improves and organic cultivation is expanded, she said.
Pepper beans and spices brought home more than 1.4 billion USD last year, with pepper accounting for 69.4%, cinnamon 20.6%, star anise 5.1%, cardamon and nutmeg 2.3%, ginger and turmeric 1.6% and chilli 0.8%.
Chief of the VPA Office Le Viet Anh estimated that pepper bean harvest in 2023 would be around 200,000 tonnes, up 9.3% year on year. Meanwhile, the International Pepper Community (IPC) has reported that output from other pepper producers like Brazil, Indonesia and India is forecast to drop.
Following are domestic pepper prices on July 4, 2022, in the main pepper growing and consumption regions:

T.Huong
Source: Vitic/Kinhtedothi