The International Pepper Community (IPC) adjusted downward Indonesian pepper prices earlier this week.

Global market:

IPC noted mixed market movements last week:

Although Vietnam’s pepper exports to China improved in the first half of 2025, growth momentum remains limited. By the end of June 2025, Vietnam had exported a total of 124,133 tonnes of pepper of all kinds, including 105,939 tonnes of black pepper and 18,194 tons of white pepper. Although export volume decreased by 12.9% compared to the same period in 2024, the turnover reached 850.5 million USD, up 34.1%. The strong growth in value mainly came from the impressive increase in export prices. The average price of black pepper reached 6,665 USD/tonne, up 93.6%; white pepper reached 8,079 USD/tonne, up 63.0% over the same period last year. This is the highest price in many years, clearly reflecting the recovery trend of the global pepper market, and showing a significant improvement in product quality and value-added chain of the Vietnamese pepper industry. In terms of markets, the United States continued to be the largest destination with 24,979 tonnes, accounting for 23.6% of total exports.
Other key markets such as: India (7,768 tonnes), UAE (7,700 tonnes), China (6,610 tonnes) and Germany (4,836 tonnes) maintained stable import levels, reflecting the trend of market diversification, reducing dependence on some traditional partners.

 By the end of July 2025, China ranked third among Vietnam’s export markets, with 10,982 tonnes (+36.2% YoY), accounting for 7.6% of total exports.

However, in July 2025 alone, exports to China reached only 1,689 tonnes, down 49.3% MoM. Experts expect that in the second half of 2025, the pepper market will become more active as importers rebuild inventories ahead of the year-end peak consumption season.

T.Huong

Source: Vitic