Pepper prices today, August 23, 2025: Rising sharply again.

Domestic pepper prices

Today, pepper prices in key growing regions have risen sharply again compared to yesterday. As a result, the average price of pepper in the country ranges from 142,500 VND/kg to 146,000 VND/kg.

In the Central Highlands region, today's pepper price in Dak Lak increased again by 1,000 VND/kg compared to yesterday, currently standing at 145,000 VND/kg.

Today's pepper price in Gia Lai increased by 500 VND/kg compared to yesterday, currently standing at 142,500 VND/kg.

Today's pepper price in Lam Dong (formerly Dak Nong) increased by 3000 VND/kg compared to yesterday, currently standing at 146,000 VND/kg.

In the Southeast region, today's pepper price in Ho Chi Minh City (formerly Ba Ria - Vung Tau) is 144,000 VND/kg, an increase of 1,000 VND/kg compared to yesterday. Dong Nai also saw an increase of 1,000 VND/kg compared to yesterday, reaching 144,000 VND/kg.

Additionally, today's pepper price in Dong Nai (formerly Binh Phuoc) increased by 3000 VND/kg compared to yesterday, currently standing at 144,000 VND/kg.

Pepper prices are on an upward trend today. Vietnamese pepper farmers are benefiting from the US imposing very high import tariffs on transshipped goods, up to 40%. This makes imported pepper into Vietnam less competitive, forcing businesses exporting to the US to buy domestic pepper to benefit from lower tariffs.

However, one obstacle is that the new VAT rate has made many businesses hesitant, reducing purchases in the hope that the policy will be postponed or adjusted.

According to customs data, in the first seven months of the year, Vietnam imported nearly 31,500 tons of pepper, a sharp increase of 58.5% compared to the same period last year, from countries such as Brazil, Cambodia, and Indonesia. Meanwhile, pepper exports decreased by 12%, with a volume of 145,300 tons.

The US, Germany, and India are Vietnam's three main export markets. It is expected that from now until the end of the year, businesses will increase domestic pepper purchases for export, anticipating that pepper prices will rise again to 160,000 - 170,000 VND/kg.

Today's pepper prices (August 23rd) 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 August 22nd (local time) as follows:

Indonesian Lampung black pepper prices rebounded from yesterday to US$7,154/ton (up 0.04%). Additionally, Muntok white pepper prices saw a slight increase from yesterday, reaching US$10,001/ton (up 0.05%).

Brazilian ASTA black pepper prices rose sharply compared to yesterday, reaching $6,000 per ton (up 2.56%).

Malaysian ASTA black pepper prices have risen sharply compared to yesterday, currently standing at US$9,600/ton (up 2.08%). Additionally, ASTA white pepper prices from the same country have also increased significantly compared to yesterday, reaching US$12,800/ton (up 0.78%).

Prices for all types of Vietnamese pepper remained unchanged compared to yesterday. Specifically, the price of Vietnamese black pepper (500 gr/l) reached US$6,240/ton; and the price of black pepper (550 gr/l) reached US$6,370/ton.

Similarly, the price of Vietnamese white pepper remained unchanged from yesterday at $8,950 per ton.

According to the report, global pepper production in 2025 is estimated at 434,000 tons, almost the same as last year. Vietnam is expected to harvest 172,000 tons, a slight decrease of 2% compared to the previous year and nearly half of the peak in 2018/19 due to shrinking planting area. To compensate for the supply shortage, pepper imports in the first half of the year increased by 57%, to 28,000 tons.

While Vietnam's output is declining, Brazil is projected to reach 89,000 tons, a sharp increase of 26% thanks to improved productivity and expanded acreage. Conversely, India forecasts a 20% decrease in output to 48,000 tons due to unfavorable weather, while Indonesia is expected to reach 37,000 tons.

Regarding exports, Vietnam's pepper export value in the first half of 2025 decreased by 13%, to 124,000 tons. Exports to the US fell by as much as 27%, but exports to China increased by 25%. Brazil became a prominent competitor with exports increasing by 34%, reaching 50,000 tons, of which exports to Vietnam nearly tripled.

World pepper prices have stabilized after a sharp increase at the end of 2024. However, tariffs from the US continue to cause significant uncertainty, strongly impacting Vietnam, while Brazil is less affected.