The maximum price for pepper stayed at VND94,000 per kg in Dac Lac and Dak Nong while in Gia Lai province, the lowest price fell to VND92,000  per kg. Farmers in Dong Nai sold pepper for VND92,500 per kilogram, in  Binh Phuoc province for VND93,000  per kilogram, and in Ba Ria – Vung Tau for 93,000 VND.

Preliminary statistics from the Vietnam Pepper and Spice Association (VPSA) showed that Vietnam exported 25,000  tonnes of pepper in March, down 33% y-o-y. Prices of domestic pepper increased by 500 - 2,000 VND per kg in this month.

Vietnam, currently the global leader in pepper production and export, is facing a decline in pepper cultivation due to the expansion of other crops like coffee and durian. The Vietnam Pepper and Spice Association, led by Huang Thi Lien, is focusing on preserving Vietnam's dominant position in the pepper market while also promoting the growth of other spices such as cinnamon and star anise. This comes amid a surge in global demand for spices, attributed to increasing health consciousness. To bolster its spice industry, Vietnam is working on improving business conditions for spice companies, fostering innovation, and providing preferential loans to high-tech firms. In 2023, the country's spice exports, including pepper and cinnamon, amounted to US$1.257 billion, with projections to reach US$2.2 billion within five years.

Following are domestic pepper prices on April 4, 2024, in the main pepper growing and consumption regions:

Province/District	Purchase price (VND/kg)	Vs. April 3
DAC LAC
— Ea H'leo	94,000	-
GIA LAI
— Chu Se	92,000	- 500
DAK NONG
— Gia Nghia	94,000	-
BA RIA - VUNG TAU
Average price	93,000	-500
BINH PHUOC
Average price	93,000	- 500
DoNG NAI
Average price	92,500	-

T.Huong
Source: Vitic/Kinhtedothi