Pepper is known as the “King of Spices,” and it contributes to global trade. The pepper export price has a significant influence on the pepper trading choice. As a result, importers paid close attention to the global pepper export price.
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Overview pepper export price of key players
Vietnam, Brazil, and Indonesia are the top 3 leading pepper export countries (according to OEC). In 2019, these countries accounted for 71% of global pepper export, effectively dominating the market.
- Vietnam: In 2019, pepper export price was only fluctuating between 2000 and 2500 USD/MT. In 2021, the price of pepper export skyrocketed, reaching an all-time high with an average of 4653 USD/ton for more than 4 years. Experts, corporations, and pepper producers all predict that the price of this commodity will rise again next year, as global consumption demand has consistently climbed over time, while supply has reduced significantly in recent years.
- Brazil: In Brazil, the price of pepper exports has fluctuated during the last three years. In 2018, 2019, and 2020, the average pepper export price was 2,835 USD/MT, 2,148 USD/MT, and 2,082 USD/MT, respectively. This might be due to the worldwide pepper export volume now surpassing the global demand.
- Indonesia: In line with the global trend, the price of Indonesian pepper has risen in the previous three years. The increasing trend began in September 2020 with a low of 2525 USD/MT and quickly accelerated to a high of 5415 USD/MT in August 2021. This was a 108 percent increase over the same period in 2020 and a 72 percent increase over the same period in 2019. As long as farmer productivity grows and price stability is maintained, this increasing trend is expected to continue.
Top 3 prestigious pepper export companies
Here are the top 3 famous wholesale pepper suppliers for traders to consider:
Olam Food Ingredients
Cocoa, coffee, dairy, almonds, and spices are among OFI’s most well-known raw materials and ingredient platforms. Quality, traceability, and risk can all be managed better with comprehensive engagement at every level of the pepper supply chain.
K-Agriculture
K-Agriculture is one of the world’s biggest agriculture firms, exporting wholesale pepper to more than 100 countries. The company’s slogan is “Quality is King,” and it always assures wholesale pepper quality in every situation.
Contact information:
Website: k-agriculture.com
Email: info@k-agriculture.com
WhatsApp: +84855 555 837
Instagram: https://www.instagram.com/kagriculture1996/
Baria Pepper
Baria pepper was founded in 1985 with the goal of using its extensive understanding of both the product and the local market to reach out to more customers both domestically and globally. The pepper from Baria has been sold to the United States, Europe, the Middle East, and other Asian nations.
