Pepper price today 3/7/2025: Continuous increase
Today's domestic pepper price on March 7 is at 159,000 - 161,500 VND/kg. It continues to increase from 500 to 1,000 VND/kg compared to yesterday. Domestic pepper prices have increased continuously over the past week.
Domestic pepper price today
The highest pepper purchase price in key pepper growing areas (Dak Lak, Lam Dong, Gia Lai, Dak Nong, Ba Ria - Vung Tau, Binh Phuoc) was recorded at 161,500 VND/kg.
Specifically, in Dak Nong province, pepper price is at 161,500 VND/kg. An increase of 500 VND/tael compared to yesterday.
In Gia Lai, pepper price is 159,000 VND/kg. A sharp increase of 1,000 VND/tael compared to yesterday.
In Dak Lak, pepper price is 161,500 VND/kg. A sharp increase of 1,000 VND/tael compared to yesterday.
In Binh Phuoc and Dong Nai, pepper price today is at 159,000 VND/kg. An increase of 1,000 VND/tael compared to yesterday.
In Ba Ria - Vung Tau, pepper price today is at 159,000 VND/kg. Increased 1,000 VND/tael compared to yesterday.
Thus, today's pepper price in the domestic market is currently at its lowest price of 159,000 VND/kg.
Realizing the opportunities and challenges ahead, the Vietnamese pepper industry is promoting green production. The Vietnam Pepper and Spice Association said that the industry is focusing on developing sustainable raw material areas, achieving important certifications as required by the EU, the US and Japan. At the same time, training programs for farmers and preferential policies for converting production models are also being implemented.
Collaboration between public and private organizations in research on new crop varieties, post-harvest processing and preservation technologies is helping to improve product quality, reduce losses and protect the environment.
Although the pepper growing area accounts for only 15% of coffee and 12% of rubber, the export value of pepper reaches 23% of coffee and 38% of rubber. Experts say that the growing area should not be expanded massively but should focus on improving quality and promoting organic farming.
Currently, key growing areas such as Dak Nong, Dak Lak and Binh Phuoc are developing according to VietGAP and GlobalGAP standards, aiming to reach 5,000 hectares of organic pepper by 2030.
World pepper price today
In the world market, based on quotes from export enterprises and export prices in countries, the International Pepper Association (IPC) updated the prices of pepper of all types traded in the international market on March 7 (local time) as follows:
Indonesia's Lampung black pepper price remained unchanged from yesterday at $7,360/ton. Similarly, Muntok white pepper price remained stable from yesterday at $10,220/ton.
Brazilian black pepper ASTA 570 price remained unchanged from yesterday at $6,850/mt.
Malaysia's ASTA black pepper price is stable compared to yesterday at 9,700 USD/ton. In addition, the country's ASTA white pepper price is also stable compared to yesterday at 12,200 USD/ton.
Prices of all types of pepper in Vietnam remained unchanged compared to yesterday. Of which, the price of 500 gr/l black pepper in Vietnam reached 6,900 USD/ton; 550 gr/l reached 7,100 USD/ton.
Similarly, Vietnam's white pepper price remained unchanged from yesterday at $9,900/ton.
The global market for spices and seasoning products is growing strongly. According to ITC forecasts, the market will increase by an average of 5.2% per year from 2025 to 2030. The trade value of the spice industry is estimated to reach nearly 21 billion USD in 2025 and could reach 27 billion USD in 2030.
Changing consumer preferences and growing awareness of functional foods are driving the growth of the spice industry. Consumers not only prioritize convenience but also care about sustainability and new flavors. In particular, they are willing to pay for premium, organic and traceable spice products.
According to Mr. Prakash Jhanwer, Director of OFI (USA), Vietnam is currently a center for the production of many important agricultural products such as rice, coffee and pepper. Of which, pepper is considered the "black gold" of Vietnam, with great growth potential.
The spice market continues to be vibrant as home cooking culture becomes more popular around the world. This has led to a sharp increase in retail sales of spices, creating more opportunities for the spice manufacturing and export industry.
