DAILY: Domestic pepper prices remained unchanged on May 19, 2025
Monday, May 19,2025
AsemconnectVietnam - According to Kinhtedothi, as of May 19, 2025, the domestic pepper price in Vietnam is stable, ranging from 151,000 to 153,000 VND/kg across key growing provinces.
The highest prices are recorded in Đắk Lắk and Đắk Nông at 153,000 VND/kg, while other provinces such as Gia Lai, Đồng Nai, Bà Rịa - Vũng Tàu, and Bình Phước are reporting prices of 151,000 VND/kg. Bà Rịa - Vũng Tàu saw a minor drop of 1,000 VND/kg. Price movement over the past week indicates mixed trends: Central Highlands provinces like Đắk Lắk and Đắk Nông experienced a 2,000 VND/kg increase, while the Southeast region saw slight declines or unchanged prices in provinces such as Gia Lai and Đồng Nai.
According to the latest weekly report by Ptexim, global demand has improved, particularly from the EU, Asia, and the US. Notably, China has resumed purchases, although in limited volumes. This return of buying interest is seen as a positive signal for the Vietnamese pepper market.
Domestically, farmers are holding onto their stock, anticipating further price increases. This has reduced selling pressure and supported price stability.
However, not all regions are benefiting equally. In Quảng Trị province, a major pepper-growing area, many farmers are facing one of the worst harvest seasons in recent years. According to the province's Department of Crop Production and Plant Protection, the region has around 1,900 hectares of pepper, mostly concentrated in Gio Linh, Cam Lộ, Vĩnh Linh, and Hướng Hóa districts.
The poor harvest is largely due to weather-related disruptions in 2024, including tropical depressions, storms, and prolonged monsoon rains. These conditions led to elevated groundwater levels, causing root rot and massive fruit loss. Farmers like Mr. Lâm Quang Thiện reported yields dropping from 200–300 kg last year to an expected 20 kg this year, with over 20 plants dying from waterlogging.
Many other households in the area are experiencing similar losses, with estimated production declines of up to two-thirds. After factoring in input costs such as fertilizer, labor, and maintenance, most farmers are facing financial hardship this season.
Despite these localized setbacks, experts remain optimistic about long-term price trends, citing supply-demand dynamics as the key driver for future price increases.
Vietnam's pepper exports: Higher revenue despite lower volume
According to the Vietnam Pepper and Spice Association (VPSA), in April, Vietnam exported 26,590 tonnes of pepper, earning 184.1 million USD. This marked a modest 1.3% increase in volume but a sharp 58% rise in value compared to April 2024.
The average export price reached 6,817 USD per tonne for black pepper and 8,596 USD per tonne for white pepper. The United States remained the largest export market, importing 6,404 tonnes, up nearly 46% from the previous month.
In the first four months of the year, Vietnam exported a total of 74,250 tonnes of pepper, earning 510.6 million USD. While the volume dropped by 10.6% year-on-year, the export value rose by 45%, driven by higher prices.
On the import side, Vietnam imported 5,688 tonnes of pepper in April, worth 36.7 million USD, an increase of 15.1% in volume and 27.2% in value month-on-month. Brazil was the leading supplier, accounting for nearly 67% of total imports.
VPSA noted that the market has become increasingly price-sensitive following reciprocal tariff measures from the US. Vietnamese pepper is now facing tougher competition from Brazilian and Indonesian products, which benefit from lower tariff rates. As a result, Vietnamese exporters are encouraged to diversify their markets and seek new partners in Europe, Asia, and the Middle East to reduce dependency on traditional buyers.
T.Huong
Source: Vitic
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