Monthly Publication

PEPPER MARKET REPORT - KEY HIGHLIGHTS

	World - Pepper prices in April 2022 showed a mixed response with only Viet Nam International price recorded with an increase.
	IPC Price Index and Composite Price – Price index of pepper recorded a negative sentiment with black pepper reported a marginal dip of 0.7% at 57.95 points and price index of white pepper recorded a 1.7% dip at 58.10 points. Inline, composite price of peppers were also reported negatively as composite price of black pepper recorded a slight USD 29 per Mt drop to USD 4,311 per Mt while composite price of white pepper recorded with a much higher drop of USD 104 per Mt to a level of USD 6,012 per Mt.
	India – Pepper price for India reported stable this months.
	Indonesia – Pepper price for Indonesia responded negatively this month as pepper remained hard to get on farmer level and as most of the stock is only available at middlemen level.
	Malaysia –As Malaysian Ringgit weakened against the US Dollar (MYR 4.27 @ 1 USD), recording a 2% depreciation, local pepper price for Malaysia were reported with a decreasing trend this month, while international pepper price for Malaysia continued reported stable.
	Sri Lanka –Following six months being reported positive, Sri Lankan pepper price responded negatively this month which could be contributed to the weakening of Sri Lankan Rupee against the US Dollar (LKR 319.44 @ 1 USD), recording a 25% depreciation.
	Viet Nam – Only Viet Nam International Price responded positively this month, while Viet Nam local price continued responding negatively.
	Highlights on World pepper export and Import in the 2nd half of 2021.

IPC Price Index (Base price: Average 2011-2015)

Composite Price of Black and White Pepper (US$/Mt)

FARM GATE PRICE BLACK PEPPER - in US$/Mt

FOB PRICE BLACK PEPPER - in US$/Mt

FARM GATE PRICE WHITE PEPPER - in US$/Mt

FOB PRICE WHITE PEPPER - in US$/Mt

Highlights on World pepper export and Import in the 2nd half of 2021.

Whole Pepper Export by Producing Countries in the 2nd Half of 2021

Ground Pepper Export by Producing Countries in the 2nd Half of 2021

Whole Pepper Import by Consuming Countries in the 2nd Half of 2021

Ground Pepper Import by Consuming Countries in the 2nd Half of 2021

Pepper Export by Producing Countries in the 2nd Half of 2021

Pepper Import by Consuming Countries in the 2nd Half of 2021

OVERVIEW OF WOLRD PEPPER EXPORT AND IMPORT IN THE 2nd Half of 2021

Sources:

• Brazil, Unofficial source (Coreimex, CSG Trade)
• China: Hainan Pepper Association, China Spice Association
• India: Spices Board Govt. of India, AISEF, NCDEX, Indian Chamber of Commerce & Industry
• Indonesia: Unofficial source, Ministry of Agriculture Republic Indonesia
• Malaysia : Malaysian Pepper Board
• Sri Lanka: Sri Lankan Pepper Board, Department of Export Agriculture
• Viet Nam : Viet Nam Pepper Association, HCMC
• International Trade Centre (ITC) - Geneva

Notes:

Some of the data in this publication are from the IPC database. The data were obtained from the official reports and correspondence between the IPC and have been processed based on statistical norms that can be accounted for.