Pepper prices rose across the board today, January 24th, reaching a high of 149,000 VND/kg in Vung Tau.
The domestic pepper market is thriving with prices increasing by up to 1,000 VND/kg, while export prices remain stable thanks to a projected sharp 15-20% decrease in global supply.
Domestic pepper prices on January 24th recorded a simultaneous recovery, increasing by 500 to 1,000 VND/kg in most key growing regions. This development brought the common trading level to 148,000 – 149,000 VND/kg, reflecting a shift in the supply-demand balance as global inventories are at low levels.
Details of pepper prices in key producing regions nationwide.
Domestic market surveys show that the Southeast region continues to lead the upward trend. Specifically, in Ba Ria - Vung Tau, pepper prices recorded the strongest increase of 1,000 VND/kg, reaching 149,000 VND/kg, maintaining its position as the region with the highest prices nationwide.
In the Central Highlands region, Dak Lak and Dak Nong both saw a slight increase of 500 VND/kg, currently being purchased by traders at around 149,000 VND/kg. Meanwhile, Gia Lai increased by 500 VND/kg to 148,500 VND/kg. The locality with the lowest price in the key group is Dong Nai at 148,000 VND/kg after an increase of 500 VND/kg compared to the previous session.
Trends in pepper prices on the international market.
On the global market, the International Pepper Association noted positive signals from Indonesia as black pepper prices there rose slightly to US$6,662 per ton. This provides important psychological support for other exporting countries.
In Vietnam, export prices for 500 g/l and 550 g/l pepper remain stable at around US$6,400 – US$6,600 per ton. For white pepper, Indonesian Muntok pepper is priced at US$9,106 per ton, while Vietnamese white pepper is at US$9,150 per ton.
| Type of item | Market | Listed price (USD/ton) |
|---|---|---|
| ASTA 570 Black Pepper | Brazil | 6,000 |
| Black pepper | Malaysia | 9,000 |
| Black pepper 500 g/l | Vietnam | 6,400 |
| Muntok White Pepper | Indonesia | 9,106 |
| White pepper | Vietnam | 9,150 |
Supply forecast and outlook for 2026
According to an analysis from the Import-Export Department (Ministry of Industry and Trade), pepper prices in 2026 are likely to remain high. The main reason is that global pepper production is projected to decrease by 15% to 20% due to negative weather impacts and the shrinking cultivation area in major pepper-producing regions.
Furthermore, exporting businesses are facing increasingly stringent technical standards and traceability requirements from importing markets. Overall in 2025, Vietnam exported approximately 246,100 tons of pepper, generating $1.66 billion in revenue. Although the volume decreased slightly, the revenue increased significantly thanks to the average export price remaining high at around $6,748 per ton.
Notably, the upward trend in export prices showed signs of slowing down towards the end of the year, indicating that the market is shifting towards a more stable and selective cycle focusing on higher quality. Experts predict that in the short term, with limited short-term supply and stable buying from businesses, domestic pepper prices will continue to maintain a positive trend.
