Latest Adverse Conditions Affecting the Pepper Market
High demand vs low carryover of Black Pepper has led to a very short supply for 2025. This is likely to result in price increases from April onwards (varying depending on the origin).
Take advantage of Brusco’s data and first hand market knowledge from our growers to help your plans this year.
Vietnam Pepper Market Report
- Harvest yields have steadily declined over the past 3 – 4 years due to shrinking cultivation areas as farmers switch to more profitable crops such as durian and coffee.
- There has been around 5 – 10% decline in crop size since 2024.
- Current crop is in the maturity stage with very low fresh arrivals.
- Carry-forward stock levels are limited.
- Domestic and export demand is stable.
- Export volume has declined marginally vs last year to 220,269 MT.
- Export value increased by approximately 45% year-on-year due to higher prices.
- Market activity is expected to slow during the Tet holiday (end of January to mid-February), affecting processing and trade.
Indonesia Pepper Market Report
- Harvest season has concluded.
- Early 2025 market outlook predicts upward price movement due to limited supply and sustained demand.
- Domestic and export demand remains steady.
- Carry-forward stock levels are low.
- Prices for 550 GL and light berries have risen marginally compared to December.
- Production in 2024 was lower than in 2023, but favourable pricing increased exports to Vietnam and other markets.
India Pepper Market Report
- Crop is in the maturing stage; a small harvest has started in parts of Kerala.
- Most harvested material is immature, with bold pepper arrivals remaining low.
- Overall production is lower than last year due to climate changes.
- Domestic and export demand is gradually increasing.
- Moderate carry-forward stock levels has helped meet demand, but limited fresh arrivals is putting pressure on future supply.
Sri Lanka Pepper Market Report
- High demand for light berries has pushed prices upwards with the harvest nearing completion.
- Bold pepper arrivals remain limited causing prices to rise steadily.
Brazil Pepper Market Report
- Pepper harvest has started in regions of Espirito Santo and Bahia.
- However, persistent rains in Espirito Santo are delaying material inflow.
- Market demand is moderate.
- Prices have remained stable compared to December.
- Carry-forward stock levels are limited.
The Brusco team will keep you updated as the market progresses, so please talk to the team and get the latest information, so you can evaluate your best options. This will give you better visibility into stock levels and pricing, enabling more informed decision-making.