More upside likely for pepper prices

High quality: Green pepper berries ready for harvest in Sarawak. Malaysian pepper commands the highest export price among major producing countries.

KUCHING: Global pepper prices, which experienced an unexpected big spike in mid-2024, are expected to rise further this year due to continued declining production and as demand far outstrips supply.

“Currently, there is a very short supply of pepper in the market worldwide and demand is expected to increase further or remain stable. This will continue to drive up the prices.