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Black Pepper Price in Brazil Drop Due to Surplus Supply

Whole Black Peppercorn
Brazil
Price
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By Putri Aisyah
Updated Jul 4, 2022
Brazilian black pepper price dropped by 17.6% YoY to USD 5.35/kg in W5 Jun-22. It is estimated that Brazilian black pepper production increased by 10.5% YoY to 105,000 mt in 2022. Container shortage and high freight costs led importers of Brazilian black pepper to hold the import. Which caused oversupply in the domestic market and the price to decrease in late June 2022.

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