What is the price of pepper per kilogram/pound in Vietnam today?
The retail price range for Vietnam pepper is between US$ 4.43 and US$ 6.40 per kilogram or between US$ 2.01 and US$ 2.90 per pound(lb). Click here to see today's exact prices of pepper in Vietnam
The retail price range in Dong for pepper is between VND 110,767.50 and VND 159,997.50 per kilogram or between VND 50,234.69 and VND 72,561.22 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam pepper is between US$ 3.10 and US$ 4.48 per kilogram or between US$ 1.41 and US$ 2.03 per pound(lb).
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Vietnam Pepper Export Prices - Historical, Trends and Prediction
The export price of pepper from Vietnam over the last five years has been quite varied. In 2016, the price per kilogram was 8.02 US dollars, followed by a sharp drop to 5.2 US dollars in 2017. Prices then rose again in 2018 to 7.77 US dollars, before dropping to a five-year low of 2.54 US dollars in 2019. The price has since remained relatively stable, with 2020 seeing a slight decrease to 2.42 US dollars. Based on this data, it is likely that the export price of pepper from Vietnam will remain relatively stable in the next few years, with an estimated price of 2.42 US dollars per kilogram in 2023 and 2024.Vietnam Pepper Import Prices - Historical, Trends and Prediction
The import price per kilogram of Pepper into Vietnam over the last five years has been quite volatile. In 2016, the price was 8.02 US dollars per kg, followed by a sharp drop to 5.2 US dollars per kg in 2017. This was followed by a slight increase to 7.77 US dollars per kg in 2018, before dropping to a low of 2.54 US dollars per kg in 2019. The price has since recovered slightly to 2.42 US dollars per kg in 2020. Overall, the import price of Pepper into Vietnam has decreased by over 70% in the last five years. Based on this trend, it is likely that the import price of Pepper into Vietnam will remain relatively low in the next few years, with an estimated price of 2.30 US dollars per kg in 2023 and 2.18 US dollars per kg in 2024.Export values for Vietnam pepper
The total values in export for pepper in Vietnam were US$ 22,867,376, US$ 17,887,680, US$ 11,582,112 and US$ 10,667,040 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Herbs and Spices category in Vietnam: Garlic, Capsicum (Bell Pepper), Vanilla, Cinnamon, Cloves, Nutmeg, Mace, Cardamom, Anise & Coriander seeds.
See prices of pepper in other countries across Asia: Kazakhstan pepper, Kyrgyzstan pepper, Tajikistan pepper, Turkmenistan pepper, Uzbekistan pepper, China pepper, Hong Kong pepper, Macao pepper, North Korea pepper & Mongolia pepper.
Vietnam pepper - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam sold 4,206,416 tonnes of pepper. Across 2019 alone, the market for Vietnam pepper (herbs and spices category) has increased, flactuating by 182.237 per cent compared to the year 2018. Between 2017 and 2019, pepper's exports grew by 22.25 percent netting Vietnam US$10,667.04m for the year 2019. Vietnam's pepper exports are classified as:
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
- Pepper of the genus Piper, crushed or ground (HS code 090412)
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Vietnam pepper export values
In 2019, Vietnam supplied pepper valued at 10,667.04m USD, a reduction of -7.90% from 2018's total pepper export of 11582.112m USD. The yearly change in value of Vietnam pepper between 2017 to 2018 was -35.251 pc.
The per year variation in the amount of Vietnam's pepper exports between 2017 and 2019 was 22.25 percent compared to a variation of 182.237% in the period between 2018 and 2019.
Export markets for Vietnam pepper ( in '000$ )
Vietnam purchased 291,152 tonnes of pepper in 2019.
Production
The production of pepper in Vietnam was 8,798,880 tonnes in 2019 and is forecast to change by an average of 1.02%. The country had an estimated 4,381,272.00 hectares under pepper cultivation.