Weekly Publications

No. 45/25, 3 - 7 November 2025

it.assistant@ipcnet.org 07 Nov 2025 62

MARKET REPORT - KEY HIGHLIGHTS

By early November, the global pepper market displayed mixed trends across major producing countries. Viet Nam recorded the only notable upward movement, with domestic prices rising amid firm local demand and limited supply.
India saw a mild downward correction in both domestic and international prices, partly influenced by a 1% depreciation of the Indian Rupee (INR 88.69/USD).
After three consecutive weeks of stability, Indonesia’s domestic and international prices entered a downward trajectory, reflecting slower export momentum.
In Malaysia, domestic prices remained largely stable, while international quotations experienced a slight decline in response to subdued buying interest.
Sri Lanka’s domestic market remained steady, showing minimal fluctuation in both demand and supply conditions.
In Viet Nam, only domestic prices registered a moderate increase earlier this month, while international quotations for Vietnamese pepper remained unchanged, suggesting a stable trade environment.

Prices of Brazilian black pepper, Cambodian black pepper, and Chinese white pepper remained unchanged for the third consecutive week, indicating continued market stability in those origins.
Between 2023 and September 2025, Georgia imported a total of 235 MT of pepper. Viet Nam remained the largest supplier with 69 MT, followed by China, Egypt, Ukraine, and the United Arab Emirates.

FARM GATE PRICE BLACK PEPPER - in US$/Mt

FARM GATE PRICE WHITE PEPPER - in US$/Mt

FOB PRICE BLACK PEPPER - in US$/Mt

FOB PRICE WHITE PEPPER - in US $/Mt

EXPORT OF PEPPER BY GEORGIA (2023 - 2025)

BUYERS PRICES AT NEW YORK (In US$/Mt)

 

Notes:

  • Prices given are indicative prices. Quality may differ from place to place. Prices can vary and the IPC is not responsible for loss or damages caused to the users of these prices in the context of business contracts or other transactions
  • Producers price ex Kochi is the price quoted for un-garbled quality at Kochi
  • Producers prices ex Lampung and Pangkal Pinang are average prices received by farmers for unprocessed pepper
  • Producers prices ex Kuching are the average prices offered by local traders to farmers for unprocessed pepper - grade 1
  • Producers price in Sri Lanka is the average price received by growers, collected from 11 pepper growing districts in Sri Lanka - grade 1
  • Producers price ex Ho Chi Minh City is prices for local purchases of pepper (500 g/l for black and 630g/l for white)

Notes:
IPC DOES NOT set the price of pepper; IPC only publishes the prevailing price of pepper as reported from various origins and sources. Some of the data in this publication are from the IPC Secretariat database. The data were obtained from the official reports and correspondence between the IPC and has been processed based on statistical norms that can be accounted for.

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