Vietnam's pepper industry has demonstrated resilience in the first quarter of 2025, with a significant increase in export prices offsetting a decrease in shipment volumes. Despite a 38.6% year-on-year increase in export revenue reaching nearly USD 330 million, the industry faces challenges including a proposed US tariff that could reshape trade dynamics.

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📊 Market Overview

📈 Price Trends and Drivers

• Significant price increase for black and white pepper, with black pepper prices soaring by 95%.
• The US remains the largest market, but faces a potential 46% tariff on Vietnamese pepper.
• EU market recovery offers new growth opportunities, with a 20% increase in imports.

🌦️ Weather Forecast and Impact

Current weather conditions in key growing regions like Vietnam and India are favorable, supporting ongoing harvest activities. However, any unexpected changes could influence market dynamics and pricing.

🔮 Market Forecast

Over the next three days, pepper prices are expected to remain stable due to strong market demand and limited supply disruptions.