Weekly Publications

No. 34/25, 18 - 22 August 2025

it.assistant@ipcnet.org 22 Aug 2025 133

MARKET REPORT - KEY HIGHLIGHTS

The global pepper market exhibited mixed trends during the week. Local black pepper prices in Sri Lanka recorded a decline, marking the only downturn among major producing countries. In contrast, the United States market demonstrated notable strengthening, driven by constrained supply conditions and heightened demand from European buyers.
Domestic and international prices of Indian pepper remained stable with no significant changes reported.
Following two consecutive weeks of upward movement, both domestic and international prices of Indonesian pepper stabilized this week. Additionally, the majority of farmers in Lampung Province have now completed their harvest season.
Domestic prices of Malaysian black pepper remained stable, while prices of other Malaysian pepper varieties continued their upward trend.
After three consecutive weeks of stability, local pepper prices in Sri Lanka entered a downward trajectory, representing the only reported decline among the key producing countries.
Domestic pepper prices in Viet Nam experienced upward adjustments for the third consecutive week. However, international prices remained stable and unchanged.

Brazilian pepper prices recorded an upward adjustment over the past week. In comparison, Cambodian black pepper and Chinese white pepper prices remained stable, with no notable variations.
Between 2023 and April 2025, Bulgaria exported a cumulative total of 78 metric tons of pepper. North Macedonia emerged as the largest importer (38 metric tons), followed by Georgia, Bosnia and Herzegovina, Greece, and Latvia.

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 BULGARIA (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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