Dear Valued Customers and Partners,

Our Monthly Global Spices Market Report for September 2026 is now available. Based on 9 months of Vietnam Customs data, here are the key highlights showing where market demand is moving:

  • 🚀 Demand is back: Exports hit 25,580 MT in September (up 17.7% MoM and 24.9% YoY). The nine-month volume reached 215,733 MT (an increase of 15.4% YoY).

  • 🌍 Regional Divergence: Asia leads with a 47% share (up 15.6%), while the Americas rebounded the fastest (up 28.1%). Europe is bifurcated: Northern markets weakened (Germany -19%, France -50%), whereas Turkey (+45%), the Netherlands (+34%), and Spain (+55%) experienced strong growth.

  • 🇪🇺 Selective European Market: Overall, Europe is up by 5.3%. Notably, black pepper remains outside the EUDR scope, though buyers may still request traceability information.

  • 📉 Import Tapering & Inventory: Imports dropped sharply in Q3, from 9,556 MT in March to 1,652 MT in September, suggesting an inventory drawdown. Q4 restocking decisions will significantly shape product availability in Q1 2027.

  • 💰 Stable Pricing & Next Harvest: Farm-gate prices are holding steady at VND 137,000/kg (down 9.87% YTD). Weather conditions are normal, and the next main harvest is expected from February to April.

The points above are just a brief summary. For a deeper dive into the data and market trends, please download and read the Full Report (PDF) attached below.

At PTEXIM, we are committed to always meeting the diverse and specific needs of our customers. We truly hope this report adds valuable perspective to your market strategy!

For any inquiries or to discuss how we can fulfill your specific requirements, please feel free to contact us via email at: spices@ptexim.com.vn

Pepper_Cinnamon_Ginger_other Spices Market Update - September - Week 41- 2026