Pepper Market Report
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NAMAGRO – Black Pepper Market Update – Dec 2025

Please find attached our Pepper Market Report for December 2025, providing key insights on price trends, shipment data, supply conditions, and demand outlook.

Highlights:
🔸 Price: Demand remains slow, but US tariff removal and seasonal factors indicate a bullish trend ahead.
🔸 Supply: Floods in Vietnam and India may tighten global supply, while Brazil is expected to perform slightly better than other origins.
🔸 Demand: Major triggers include US 0% tariff (effective 14 Nov), Christmas, Gulfood Dubai, Chinese New Year, and Ramadan.

We recommend monitoring the market closely as these developments could influence procurement strategies for early 2026.

📊 Read the full report for complete data and insights.