As of April 25, 2025, global pepper prices are declining, particularly in Indonesia and Malaysia, while remaining stable in Vietnam and Brazil. The market is challenged by reduced output from major producers like Indonesia and India due to climate change, epidemics, and rising input costs. Despite these challenges, demand remains high, benefiting Vietnam as a leading supplier. Domestically, Vietnamese pepper prices have surged to VND155,500 to VND157,000 per kg after a previous decline caused by increased supply and concerns over US tariffs. Farmers and exporters are selling at lower prices to mitigate risks.