Pepper prices today, April 22, 2025: Slightly decreased again.

Today's pepper prices in the domestic market (April 22, 2025)

Today, pepper prices in some key growing regions have slightly decreased compared to yesterday. As a result, the average domestic pepper price is between 154,000 VND/kg and 155,000 VND/kg.

In the Central Highlands region, today's pepper price in Dak Lak decreased slightly by 1,000 VND/kg compared to yesterday, currently standing at 155,000 VND/kg.

Today's pepper price in Gia Lai decreased by 1,000 VND/kg compared to yesterday, currently standing at 154,000 VND/kg.

Today's pepper price in Dak Nong decreased by 1,000 VND/kg compared to yesterday, currently standing at 155,000 VND/kg.

In the Southeast region, today's pepper price in Ba Ria - Vung Tau is 154,500 VND/kg, down 500 VND/kg compared to yesterday. Dong Nai also saw a decrease of 500 VND/kg compared to yesterday, now at 154,500 VND/kg.

Additionally, today's pepper price in Binh Phuoc decreased by 1,000 VND/kg compared to yesterday, currently standing at 154,000 VND/kg.

In the first half of April 2025, Vietnam's pepper exports reached over 10,000 tons, earning $72 million. This is an impressive growth rate in just two weeks and is attributed to a series of high-value export contracts recently signed by Vietnamese businesses, which have pushed domestic pepper prices to new highs.

According to the Vietnam Pepper and Spice Association (VPSA), the top three exporting companies are Olam with 1,467 tons, Phuc Sinh with 1,177 tons, and Nedspice with 750 tons. Conversely, Vietnam also imported approximately 1,846 tons of pepper, worth over US$12.2 million. The main sources of imports were Brazil and Cambodia, accounting for over 80% of the total. Major importing companies include Olam, Phuc Thinh, and Tran Chau.

Domestic pepper prices are rising significantly due to strong demand both domestically and internationally. In addition to traditional markets, Vietnam's pepper exports are expanding to new regions such as the Middle East and Africa. This not only diversifies output but also puts pressure on supply, further driving up pepper prices.

Today's pepper prices (April 22nd) on the world market.

On the world market, based on quotations from exporting companies and export prices in various countries, the International Pepper Association (IPC) has updated the prices of various types of pepper traded on the international market on April 21st (local time) as follows:

Indonesian Lampung black pepper prices remained unchanged from yesterday at US$7,056/ton. Additionally, Muntok white pepper prices also remained stable from yesterday at US$9,641/ton.

The price of Brazilian ASTA 570 black pepper remained unchanged from yesterday at $6,900 per ton.

Malaysian ASTA black pepper prices remained unchanged compared to yesterday, currently at US$9,600/ton. Additionally, the price of ASTA white pepper from the same country also remained unchanged from yesterday at US$12,100/ton.

Prices for all types of Vietnamese pepper remained unchanged compared to yesterday. Specifically, the price of Vietnamese black pepper (500 gr/l) reached US$6,800/ton; and the price of black pepper (550 gr/l) reached US$6,900/ton.

Similarly, the price of Vietnamese white pepper remained unchanged from yesterday at $9,800 per ton.

As of the end of the first quarter of 2024, the US remained Vietnam's largest pepper export market. However, exports to this market reached only 10,278 tons, a sharp decrease of 32.6% compared to the same period last year. Several other markets also recorded declines, such as India with 3,370 tons (down 11.2%) and Germany with 3,358 tons (down 9.3%). Meanwhile, exports to the UAE increased by 15.2%, reaching 2,757 tons.

China was a bright spot with import volumes reaching 2,034 tons, an increase of nearly 88% compared to the same period last year. The Vietnam Pepper and Spice Association (VPSA) believes this indicates that pepper reserves in China have decreased. However, exporting to this market still faces difficulties due to tightened border trade policies. Switching to sea transport would significantly increase costs, while Chinese import businesses are not yet ready to accept such costs.

For other spice categories, chili exports in the first quarter of 2025 also declined sharply. Total exports reached only 849 tons, equivalent to $3 million, a decrease of 73% in volume and 63% in value compared to the same period last year. Notably, China – the main market for this product – imported only 54 tons of chili from Vietnam, a decrease of 98% compared to the same period last year.