In June 2025, Vietnam exported 23,440 tons of pepper, of which black pepper reached 19,698 tons and white pepper reached 3,742 tons. Total export turnover reached 157.5 million USD , compared to the previous month, export volume decreased by 11.4%, turnover decreased by 13.6% and compared to June 2024, export decreased by 16.8% but turnover increased by 11.6%. The average export price of black pepper in June reached 6,442 USD/ton, white pepper reached 8,272 USD/ton, down 4.0% for black pepper and 3.5% for white pepper compared to the previous month.
The United States continued to be the leading export market in June, reaching 4,439 tons, but down 30.0% compared to May. Exports to China continued to recover, reaching 3,330 tons, up 28.5%, followed by the following markets: UAE: 1,727 tons, India: 1,239 tons and Germany: 1,012 tons.
🚨 Week 28 Key Developments:
- Price Impact: Market dropped 1.37% to 143,000 VND following US-Brazil tariff announcement
- Tariff Breakthrough: Vietnam secured 20% preferential rate (reduced from 46%) vs competitors’ 32-50%
- Market Shock: Brazil faces 50% tariff – highest among agricultural exporters
- Immediate Effect: $100-200/MT price drop across global pepper markets on July 9
📊 6 Months of 2025 Performance Highlights:
- Export Volume: 124,133 tons (-12.9% YoY) but export value surged +34.1% to $850.5M
- Price Premium: Black pepper +93.6% to $6,665/MT, White pepper +63.0% to $8,079/MT
- Market Share: Asia now dominates (46.5%), Americas declined to 24.2%
- Top Markets: USA remains #1 despite -26.6% decline, China surge +24.7%
⚠️ Critical Supply Alert:
- Inventory Crisis: Vietnam pepper stocks at 5-6 year historical low
- Production Concern: 2025 crop expected to be weakest in 5 years
- Timeline: 8 months until next harvest (2026)
With Vietnam enjoying the lowest tariff rates (20% vs 32-50%) and tight global supply conditions, this presents a rare window to secure premium Vietnamese pepper at competitive rates before inventory constraints.
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