Weekly Publications

No. 01/23, 2 - 6 January 2023

it.assistant@ipcnet.org 06 Jan 2023 145

MARKET REPORT - KEY HIGHLIGHTS

The market in the first week of 2023 continued showing a rather positive outlook with no origins reported with a decrease

Indian pepper price pepper reported stable this week.

Indonesia black pepper continued to be reported stable since last week.
Whilst, Indonesia white pepper reported with an increasing trend this week as some exports were still delayed due to bad weather.

Malaysian local price responded positive for the last two (2) weeks.
Whilst, Malaysia international price continued to be reported stable and unchanged.

Local price for Sri Lankan pepper continued to be reported stable this week.

Viet Nam local price remained stable since last week whilst Viet Nam international price continued
to be reported positive this week. According to the Import-Export Department (Ministry of Industry and Trade of Viet Nam),
in 2023, Vietnam\'s pepper exports would continue to face difficulties as prices were under pressure due to low consumption demand.

Pepper prices declined during the past year of 2022 and predicted to continue through mid-year 2023
due to global challenges. Furthermore, Muntok white pepper was reported at USD 6,200 CF for January/February 2023.

Import of Pepper by The United States of America (2020 - 2022).