Black Pepper Monthly Market Updates 2025

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June | July | August | September | October | November | December

As the black pepper growing season unfolds, the global market enters a crucial phase that can significantly impact supply availability, pricing trends, and contracting schedules. For customers who depend on consistent quality and reliable sourcing, understanding the key factors influencing this year’s crop is essential.

Our team, including our Herbs and Spices specialist Neil, will provide regular updates on major black pepper-producing regions, covering weather patterns, crop progress, and harvest timelines. With these timely insights, we aim to support more informed decisions around procurement, contracting, and pricing strategy.

For the latest black pepper market update, contact Neil Burton at neil.burton@brusco.co.uk or call 01386 761 555.

September 2025

Vietnamese Black Pepper Price Update

  • Prices increased 7% in August compared with July.

Vietnamese Black Pepper Crop Update

  • Strong demand from Europe and China pushed prices higher in August.
  • Carry-forward stock is at its lowest in three years, supporting prices.
  • Farmers and traders are withholding supply in anticipation of higher prices.
  • The weather is favourable for pepper vines.

Sri Lankan Black Pepper Price Update

  • Light berries (high piperine) are stable.
  • Bold pepper prices up 7% month-on-month.

Sri Lankan Black Pepper Crop Update

  • Two months since harvest ended; supply from carry-forward stocks.
  • Demand consistent in August, prices moving higher.
  • Increased enquiries for Sri Lankan pepper due to high tariffs on Indian produce.
  • Ample supply of bold pepper, but high-piperine light berries are scarce.

Indonesian Black Pepper Price Update

  • Prices up 10% in August compared with July.

Indonesian Black Pepper Crop Update

  • Harvesting ongoing, arrivals slow.
  • Crop estimated 35–40% lower year-on-year.
  • Farmers are delaying harvest to benefit from rising international prices.
  • Rain is slowing the drying process, affecting arrivals.
  • US demand is strong due to lower tariffs on Indonesian vs Brazilian pepper.

Brazilian Black Pepper Price Update

  • Bold berry prices rose in August, tracking the international trend.
  • Brazil remains the lowest-cost source for 550GL bold pepper.

Brazilian Black Pepper Crop Update

  • Harvest completed in southern provinces; starting in northern regions.
  • Southern crop output exceeded last year’s due to improved yield.
  • 2025 production forecast ~90,000 MT (+30% vs 2024).
  • Carry-forward stock moderate after the current harvest.
  • 50% US tariff dampening US demand, but demand from other markets is strong.

August 2025

Vietnamese Price Update

  • Prices stable in July vs. June.

Vietnamese Crop Update

  • Next season starts early 2026.
  • Current market: supply tight, demand fluctuating.
  • US tariffs reduced demand → price correction in early July.
  • Later Chinese buying pushed prices up.
  • Farmers holding stocks expecting higher prices → supply shortage.
  • Carry-forward stocks at 3-year low.

Sri Lankan Price Update

  • High-piperine pepper: stable.
  • Bold pepper: +6% vs. June.

Sri Lankan Crop Update

  • Harvest finished early July.
  • Bold pepper prices rose in late July due to Indian demand + global volatility.
  • High-piperine pepper is scarce, fetching a premium.
  • Sri Lanka = the most expensive origin.

Indonesian Price Update

  • Prices dropped 10% in July vs. June (due to subdued demand).

Indonesian Crop Update

  • Harvest ongoing; farmers favour bold pepper.
  • Yields ~25% lower due to unseasonal May rains.
  • Drying hampered by intermittent rains → higher production costs.
  • Despite higher costs, steady arrivals kept prices in check.
  • US tariffs dampened demand; buyers covered only immediate needs.
  • Indonesia still has the lowest tariff among pepper origins.

Brazilian Price Update

  • Bold berries dropped in July, now stable.
  • Brazil = lowest-cost source for 550GL bold pepper.

Brazilian Crop Update

  • Harvest ongoing in the south; north harvest starts end-August.
  • 2025 production expected at 90,000 MT (+30% vs. 2024).
  • Carry-forward stock low.
  • US 50% tariff on Brazil pepper reduced demand (indirect impact via Vietnam).
  • Farmers (also coffee growers) holding stocks, expecting higher prices.
  • Both coffee & pepper prices elevated, encouraging stock retention.

July 2025

Vietnam Price Update:

  • Prices dropped by 10% in June for both bold and light berries.
  • Domestic prices rebounded by 6% in the last week of June.

Vietnam Crop Update:

  • Harvest concluded in June; market demand remained sluggish throughout the month.
  • Demand weakness and geopolitical tensions have kept prices low, especially from China.
  • Current demand met through carryover stocks.
  • Farmers are holding stock in hopes of better prices.
  • New VAT law from July 2025 to enforce stricter compliance, requiring cashless transactions and documentation for VAT credit claims.
  • This regulatory change is expected to support price increases.
  • Late June saw modest recovery due to China resuming purchases and tightening supply.

Sri Lanka Price Update

  • Light berry prices (high piperine) corrected by 9% in June; quality has also declined.
  • Bold pepper prices dropped 8% compared to the previous month.

Sri Lanka Crop Update

  • Green pepper harvest is nearing completion, primarily resulting in bold pepper.
  • Light berry availability is very limited.
  • June harvest volume was lower compared to previous years.
  • 2024 saw a strong crop, but 2025 output is expected to decline.
  • Bold pepper prices dropped in June, driven by weak global demand, especially from India and the Middle East.
  • Sporadic rainfall is impacting drying operations and the quality of high-piperine pepper.

Indonesia Price Update

  • Prices have remained high despite international market corrections.
  • Indonesian black pepper is trading at a 20% premium over Vietnamese origin.

Indonesia Crop Update

  • Excess rainfall in May and June has harmed pepper spike formation, lowering yield prospects.
  • This season’s output is expected to be below last year’s.
  • Harvesting will begin in two months; carry-forward stocks are low.
  • Market activity is mostly driven by limited carry-over sales.
  • Light berry stock is completely depleted; no current offers.

Brazil Price Update

  • Prices for bold berries are declining.
  • Farmers will start pepper harvest after the coffee season ends.
  • Brazil remains the most cost-effective source for 550GL bold pepper.

Brazil Crop Update

  • Southern Brazil harvest expected to begin by late July; early signs point to improved yield over last year.
  • Carry-forward stocks are moderate.
  • Brazil also impacted by global weak demand and price corrections in Vietnam.
  • Brazil’s main spice association has recommended a temporary sales ban, though some low-priced offers persist.
  • Demand from the US, Europe, and China remains weak.
  • Tariff uncertainty and USD/BRL fluctuations continue to weigh on pricing.
  • Market sentiment is currently cautious and bearish.

June 2025

Vietnam Crop Update

Price Update:

  • Prices for both bold and light berries remain stable.

  • No significant change from the previous month.

Crop Update:

  • Harvesting is expected to conclude by the end of June.

  • Crop size is similar to last year.

  • Limited carry-forward stocks reported.

  • Farmers focused more on coffee cultivation due to low demand for black pepper.

  • Low demand has contributed to price stability.

  • Future pricing may be affected by:

    • Uncertainty around U.S. tariff decisions.

    • Fluctuations in the USD/VND exchange rate.

Sri Lanka Crop Update

Price Update:

  • Prices for light berries have increased by 8% month-on-month, driven by:

    • Strong demand.

    • Speculative stocking.

  • Bold berry prices have risen by 4% compared to last month.

  • High supply in the pipeline is influencing the market.

Crop Update:

  • Green pepper harvesting continues in central regions.

  • Light berry harvest is complete.

  • Bold berry harvest is ongoing and will continue through end of July.

  • Strong demand for both light and bold berries allowed farmers to stagger their harvest.

  • Mature berries on farms suggest steady bold berry arrivals ahead.

  • Indian market is showing strong demand for bold berries.

  • Light berry availability is currently low.

  • Following a bumper crop in 2024, this year’s production is:

    • Lower than last year.

    • Still comparable to 2023 levels.

  • Early arrival of the southwest monsoon is:

    • Hindering drying processes.

    • Leading large collectors to use mechanical drying, increasing production costs.

Indonesia Crop Update

Price Update:

  • Prices have increased for both bold and light berries compared to last month.

  • Light berries are currently scarce in the market.

Crop Update:

  • Farmers are preparing for the next harvest, expected to start in August.

  • Early indications suggest lower yields than last year.

  • Bold pepper stocks are at a reasonable carry-forward level.

  • No light berries currently available in the market.

Brazil Crop Update

Price Update:

  • Prices for bold berries are declining.

  • Brazil remains the most cost-effective source for 550GL bold pepper.

Crop Update:

  • Pepper and coffee are grown on the same farms; pepper harvest will begin after coffee season ends.

  • Pepper flowering was delayed this year.

  • Demand from Vietnam has decreased.

  • Traders and collectors are holding sufficient carry-forward stocks.

  • Lower demand is contributing to falling prices.

  • The next crop is expected by July and is projected to be significantly better than last year.