Analysis

Low Supply of Imported and Domestic Dried Whole Chili Pepper in Indonesia Surges The Price

Dried Whole Chili Pepper
Indonesia
Published Jun 22, 2022
Indonesian dried whole chili pepper price significantly increased by +194.74% YoY to USD 7.59/kg in W3 Jun-22. The major exporting market, India, has experienced a major pest attack which led to lesser supply and likely affected the Indonesian market. Domestic production of dried whole chili pepper in Indonesia also faced adverse weather resulting in a low supply. Lower supply of imported and domestic market of dried whole chili pepper coincides with the upcoming Eid Ul-Adha pushing the price to skyrocket in June 2022.
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