Report of the pepper market and other spices in July & 7 months of 2025

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.

After experiencing gradual price adjustments throughout the year, the market has reached a critical stabilization point, presenting strategic opportunities for forward-thinking buyers.

📊 Price Stability Achieved: Spot price holds firm at 143,000 VND/kg for 5 consecutive days – signaling market floor establishment

📈 Premium Market Transition: Export value surged +29.3% YoY to $988M despite 11.7% volume decline – reflecting successful quality positioning

💰 Historic Price Gains: Black pepper averaging $6,395/ton (+47% YoY), White pepper at $8,570/ton (+41.2% YoY)

🌏 Asia Leads Growth: Only region with positive momentum (+6.8% YoY), driven by UAE (+41.3%) and China recovery (+36.3%)

⚠️ Supply Alert: July exports decreased to 20,913 tons (-10.8% MoM) as buyers await directional signals

🎯 Market Opportunity: Current stabilization presents optimal entry point for long-term contracts with Q4 recovery potential