Bell Peppers Price Trend and Forecast 2026-2027

Market Overview

The US paid the most for bell peppers in Q2 2026: USD 2,443/MT, up 3.0% from USD 2,372 in Q1. The tight domestic greenhouse volumes didn't help. Worldwide, the average moved up 3.0%, to USD 1,705/MT from USD 1,655, largely because the Dutch greenhouse energy costs kept climbing right alongside the firm export demand. What about H2 2026? We'd expect a global average somewhere in the USD 1,660-1,800/MT range, with the steady fresh-market demand doing most of the work.

Bell peppers reach the market almost entirely fresh, grown either in open fields, as Mexico does at enormous scale for the US market, or in climate-controlled greenhouses, the model the Netherlands and Spain both lean on heavily for extended growing seasons and consistent quality. Three things move the price more than anything else: the Mexican field-harvest volumes, since Mexico supplies the bulk of what the US consumes, the Dutch and Spanish greenhouse energy costs, which directly affect year-round European supply, and the seasonal weather that shapes both open-field and greenhouse yields.

The greenhouse model deserves a closer look, since it's such a defining feature of the European side of this market. Dutch and Spanish growers invest heavily in climate-controlled facilities that let them extend the growing season well beyond what open-field cultivation could achieve, delivering more consistent quality and supply across the calendar year. That consistency comes at a real energy cost, though, particularly through the colder months when heating and supplemental lighting both draw on natural gas and electricity, which is exactly why European natural gas prices have such an outsized influence on this market's pricing.

Mexico's open-field model sits at the other end of the spectrum. Lower fixed costs and a favorable climate let Mexican growers produce at scale without the capital intensity greenhouse cultivation requires, which is part of why Mexican bell peppers have consistently priced well below their European greenhouse-grown counterparts throughout the periods we've tracked. That cost structure difference is also why greenhouse growers have generally been slower to expand capacity during periods of strong demand, since the upfront investment required is considerably larger than adding open-field acreage.

Bell Peppers Price Forecast for 2026

Supply and demand should stay moderately tight through H2 2026, with the greenhouse energy costs doing a lot of the work on the European side of this market. Mexico's field harvest came in a touch lighter than usual through H1, tightening the supply into the US just as the domestic greenhouse volumes stayed constrained. The Netherlands and Spain both kept export demand firm despite the elevated energy costs.

European natural gas prices remain the single variable most worth watching for the rest of the year, given how directly they translate into greenhouse operating costs. Any meaningful easing there would likely show up in Dutch and Spanish pricing within a quarter or so.

Buyers weighing Mexican versus European supply should keep in mind that the two serve largely separate end markets, the US drawing almost entirely on Mexican field production and Europe relying on its own greenhouse base, so shortfalls in one rarely get offset by the other. That separation also means buyers cannot easily substitute one region's supply for the other's during a shortfall, since the logistics and cost structure of shipping fresh produce across the Atlantic rarely make economic sense outside of genuinely extreme price dislocations.

What could push prices higher? A weaker-than-expected Mexican harvest, or a further spike in European greenhouse energy costs. What could pull them lower? A stronger Mexican field season than currently expected.

For the Quarter Ending June 2026

Bell Peppers Prices Q2 2026:

• Mexico: USD 1,306/MT
• Netherlands: USD 2,101/MT
• Spain: USD 1,648/MT
• United States: USD 2,443/MT

Bell Peppers Prices in Mexico

Mexico's bell pepper growers saw a slightly light harvest come in this quarter, and the gain came to 3.0%, USD 1,268/MT to USD 1,306.

Why did the price of Bell Peppers change in Q2 2026 in Mexico?

The field harvest came in a touch lighter than usual, and the demand for export into the US stayed firm regardless.

Bell Peppers Prices in Netherlands

USD 2,101/MT. That's where the Netherlands landed in Q2, up 3.0% from USD 2,040 in Q1. The greenhouse energy costs stayed elevated, and the export demand held firm alongside that.

Why did the price of Bell Peppers change in Q2 2026 in Netherlands?

The greenhouse energy costs are really the whole story in the Netherlands right now, and they stayed elevated through the quarter.

Bell Peppers Prices in Spain

Spain gained 3.0% to USD 1,648/MT, the export demand continuing to build through the period.

Why did the price of Bell Peppers change in Q2 2026 in Spain?

The export demand kept building, and the greenhouse energy costs firmed alongside it.

Bell Peppers Prices in United States

The US climbed 3.0% to USD 2,443/MT, the tight domestic greenhouse volumes continuing to support the steepest premium of the four.

Why did the price of Bell Peppers change in Q2 2026 in United States?

The domestic greenhouse volumes stayed constrained, and that scarcity is what's keeping the US prices well above everyone else.

For the Quarter Ending March 2026

Bell Peppers Prices Q1 2026:

• Mexico: USD 1,268/MT
• Netherlands: USD 2,040/MT
• Spain: USD 1,600/MT
• United States: USD 2,372/MT

Bell Peppers Prices in Mexico

Mexico gained 3.9% to USD 1,268/MT, the early harvest signals pointing to a lighter-than-usual field season.

Why did the price of Bell Peppers change in Q1 2026 in Mexico?

The early signals pointed to a lighter field season, and the demand firmed right alongside that tightening supply picture.

Bell Peppers Prices in Netherlands

Dutch bell peppers rose 4.0% to USD 2,040/MT, the greenhouse energy costs climbing as the year opened.

Why did the price of Bell Peppers change in Q1 2026 in Netherlands?

The greenhouse energy costs climbed as the year opened, and that's really what pushed prices higher here.

Bell Peppers Prices in Spain

Spanish bell peppers climbed 4.0% to USD 1,600/MT, the export demand building through the quarter.

Why did the price of Bell Peppers change in Q1 2026 in Spain?

The export demand built through the quarter, tracking the European buying closely.

Bell Peppers Prices in United States

US bell peppers rose 3.9% to USD 2,372/MT, the tight greenhouse volumes firming further through the quarter.

Why did the price of Bell Peppers change in Q1 2026 in United States?

The greenhouse volumes stayed tight, and that scarcity kept pushing the premium wider through the quarter.

Quarterly Bell Peppers Price Trends

The global average dipped early in the window before climbing sharply through H1 2026, from USD 1,500/MT in Q1 2025 to USD 1,705 by Q2 2026, a net gain of about 13.7%. The dip in Q2 2025 reflected an unusually strong early-season harvest that briefly pushed prices lower, before the tightening Mexican supply and the elevated European greenhouse energy costs drove the sharper climb that followed.

What was Bell Peppers Price in 2025?

2025 was a mixed year for bell peppers, opening with a strong early-season harvest that pulled prices down before the tightening supply and rising energy costs turned the trend around. The global average opened near USD 1,500/MT in Q1, dipped to USD 1,470 by Q2, then climbed to USD 1,592 by Q4, a net gain of about 6.1% for the year despite the early softness.

Bell Peppers Prices in Mexico in 2025

Mexican prices moved from about USD 1,150/MT in Q1 2025 to USD 1,220 by Q4, up roughly 6.1%, tracking the same broader recovery pattern after an early-year dip.

Bell Peppers Prices in Netherlands in 2025

Dutch prices climbed from USD 1,850/MT in Q1 to USD 1,963 by Q4, a 6.1% gain, the highest absolute price throughout the four markets on the elevated greenhouse energy costs.

Bell Peppers Prices in Spain in 2025

Spanish prices rose from USD 1,450/MT in Q1 to USD 1,539 by Q4, up 6.1%, as the export demand kept building through the year.

Bell Peppers Prices in United States in 2025

US prices moved from USD 2,150/MT in Q1 to USD 2,282 by Q4, a 6.1% gain, as the domestic greenhouse volumes stayed tight for much of the year.

How We Can Help

Expert Market Research: Your Source for Real-Time Bell Peppers Price Intelligence

We keep a continuous eye on the bell pepper prices wherever they're grown or consumed at scale, tracing causation through the Mexican field-harvest volumes, the Dutch and Spanish greenhouse energy costs, and the seasonal weather that shapes yields across both open-field and greenhouse growing. Our analysts track European natural gas markets closely given how directly they feed into Dutch and Spanish greenhouse costs. Need pricing data, bespoke market analysis, or procurement advisory? Reach out to our team. We also flag any material shift in European natural gas pricing as soon as it becomes apparent.