Weekly Publications

No. 25/25, 16 - 20 June 2025

it.assistant@ipcnet.org 20 Jun 2025 208

MARKET REPORT - KEY HIGHLIGHTS

The global pepper market exhibited a downward trends during the week.
Both local and international prices of Indian pepper declined throughout the week. This was partly attributed to the 1% depreciation of the Indian Rupee, which stood at INR 86.37 per US Dollar.
Local and international prices of Indonesian pepper remained stable throughout the week.
The local and international prices of Malaysian pepper remained stable throughout the week.
For the third consecutive week, local price of Sri Lankan pepper continued to decline.
Local and international prices of Vietnamese pepper declined for the fourth consecutive week. This decline was driven by reduced demand from the Middle East, the USA, and China, as well as increased global stock levels.

Prices of Brazilian black pepper, Cambodian black pepper, and Chinese white pepper showed a downward trend. The decline in Brazilian pepper prices may also be attributed to recent reports indicating higher yield expectations for this year.
Belgium’s pepper exports from 2023 to February 2025 totaled 150 metric tons. France was the largest importer (67 Mt), followed by the United Kingdom, Netherlands, Spain, and Germany.

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 BELGIUM (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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