Pepper Prices Plummet, but Dak Lak Pepper Remains the Most Expensive

This price is causing many previous pepper buyers to become anxious, unable to "return to shore" after difficult-to-predict market fluctuations, which are likened to a gambling game.

Although it has recovered nearly 10,000 dong/kg compared to June 2025, the current pepper price is still insufficient to soothe the concerns of those who have invested in this agricultural product.

The export situation is also not very promising. According to preliminary statistics from the Vietnam Pepper and Spices Association (VPSA), in the first half of July 2025, Vietnam exported only 10,808 tons of pepper, reaching a turnover of 70.3 million USD.

Compared to the same period last month, export volume decreased by 7.8% and turnover decreased by 11.1%.

Notably, the average export price of pepper in the early period of July 2025 was only 6,500 USD/ton, significantly lower than the 6,881 USD/ton in the first six months of 2025.

The main export markets for Vietnamese pepper during this period include the United States (1,472 tons), the United Arab Emirates (UAE - 1,290 tons), and China (1,072 tons).