What is the price of pepper per kilogram/pound in Thailand today?
The retail price range for Thailand pepper is between US$ 2.40 and US$ 10.57 per kilogram or between US$ 1.09 and US$ 4.79 per pound(lb). Click here to see today's exact prices of pepper in Thailand
The retail price range in Baht for pepper is between THB 82.52 and THB 362.78 per kilogram or between THB 37.43 and THB 164.52 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand pepper is between US$ 1.68 and US$ 7.40 per kilogram or between US$ 0.76 and US$ 3.36 per pound(lb).
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Thailand Pepper Export Prices - Historical, Trends and Prediction
The export price of pepper from Thailand over the last five years has been quite volatile. In 2012, the price was 9.60 US dollars per kilogram, which increased to 9.76 US dollars per kilogram in 2013. However, the price dropped to 9.00 US dollars per kilogram in 2014 and then further decreased to 5.14 US dollars per kilogram in 2015. In 2016, the price dropped to 5.07 US dollars per kilogram and then increased to 6.02 US dollars per kilogram in 2017. The price then rose to 9.55 US dollars per kilogram in 2018 and 8.94 US dollars per kilogram in 2019. In 2020, the price dropped to 6.27 US dollars per kilogram and then increased to 6.32 US dollars per kilogram in 2021. The price is currently 8.98 US dollars per kilogram in 2022. Based on this data, it is predicted that the export price of pepper from Thailand will be 7.90 US dollars per kilogram in 2023 and 8.80 US dollars per kilogram in 2024.The Thailand pepper exports are categorised as:
- Pepper of the genus Piper, crushed or ground (HS code 090412)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
Thailand Pepper Import Prices - Historical, Trends and Prediction
The import price per kilogram of Pepper into Thailand over the last five years has been quite varied. In 2016, the price was 5.07 US dollars per kg, followed by a slight increase to 6.02 US dollars per kg in 2017. In 2018, the price rose to 9.55 US dollars per kg, before dropping to 8.94 US dollars per kg in 2019. The price then decreased further to 6.27 US dollars per kg in 2020, before rising again to 6.32 US dollars per kg in 2021. The most recent data shows that the price of Pepper into Thailand is 8.98 US dollars per kg in 2022. Based on the data, it is likely that the price of Pepper into Thailand will remain relatively stable in the next two years. We predict that the price of Pepper into Thailand in 2023 will be around 8.98 US dollars per kg, and in 2024 it will be around 8.98 US dollars per kg.Export values for Thailand pepper
The total values in export for pepper in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Herbs and Spices category in Thailand: 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.
Thailand pepper - Production, Exports, Imports, Seasons and HS Codes
The volume of pepper exported by Thailand in 2020 was 40,014 metric tons. In 2019 Thailand exported 29,160 tonnes of pepper. For 2019 alone, the market for Thailand pepper (herbs and spices category) has remained relatively stable, compared to the year 2018. For the years between 2017 and 2019 pepper exports were negligible, bringing the country very little foreign income. Thailand's pepper exports are classified as:
- Pepper of the genus Piper, crushed or ground (HS code 090412)
- Pepper of the genus Piper, neither crushed nor ground (HS code 090411)
- Pepper (Capsicum or Pimenta), dried, crushed or ground (HS code 0904XX)
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Thailand pepper export values
For the period between the years 2010 and 2020, Thailand exported pepper worth US$ 0.
The per year change in the amount of Thailand's pepper exports for the period between 2017 and 2019 stayed stagnant.
Thailand's stake of the world's total pepper's exports in 2019 was less than 1%. Thailand is ranked number 34 in world exports of pepper.
Export markets for Thailand pepper ( in '000$ )
Thailand's leading destinations for pepper are Poland, US, Hong Kong, China and South Korea.
Import/Export Trends
Thailand is a net importer of pepper. The annual growth of Thailand pepper in value between 2015 to 2019 was -4%, per annum, while annual growth in quantity through the same period was 37%, per annum.
Thailand imported 307,800 tonnes of pepper in 2019.
Production
The production of pepper in Thailand was 19,949,814 tonnes in 2019 and is forecast to change by an average of 2.18%. The country had approximately 4,917,510.00 hectares under pepper cultivation.