Price for Spices; Vanilla, Not Crushed or Ground in Brazil - 2024
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Brazil (CIF) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in Brazil (FOB) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Brazil
- Exports of Spices; Vanilla, Not Crushed or Ground in Brazil
Price for Spices; Vanilla, Not Crushed or Ground in Brazil (CIF) - 2022
In 2022, the average import price for vanilla amounted to $171,924 per ton, which is down by -23.5% against the previous year. In general, the import price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 65% against the previous year. Over the period under review, average import prices reached the maximum at $461,294 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Madagascar ($311,150 per ton), while the price for Uganda ($114,480 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Not Crushed or Ground in Brazil (FOB) - 2022
In 2022, the average export price for vanilla amounted to $16,739 per ton, waning by -97% against the previous year. Overall, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 2,299%. The export price peaked at $566,115 per ton in 2021, and then shrank remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2015 to 2022, the rate of growth in terms of prices for Japan amounted to -86.0% per year.
Imports of Spices; Vanilla, Not Crushed or Ground in Brazil
Imports of vanilla into Brazil soared to 1.4 tons in 2022, rising by 103% against 2021. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vanilla soared to $235K in 2022. In general, imports, however, continue to indicate a abrupt shrinkage.
Import of Spices; Vanilla, Not Crushed or Ground in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Papua New Guinea | 82.8 | 44.4 | 24.9 | 110 | 9.9% |
India | 0.7 | 1.7 | 2.7 | 40.0 | 285.2% |
Indonesia | 12.8 | 13.9 | 12.4 | 38.8 | 44.7% |
Madagascar | 16.3 | 26.7 | 15.1 | 33.3 | 26.9% |
Uganda | 12.0 | 10.4 | 7.9 | 8.6 | -10.5% |
Germany | 11.8 | 19.6 | 14.6 | N/A | 11.2% |
Italy | 83.5 | 45.9 | 30.9 | N/A | -39.2% |
Others | 98.5 | 72.1 | 42.8 | 4.3 | -64.8% |
Total | 318 | 235 | 151 | 235 | -9.6% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Brazil in 2022:
- Papua New Guinea (735.0 kg)
- Indonesia (235.0 kg)
- India (200.0 kg)
- Madagascar (107.0 kg)
- Uganda (75.0 kg)
Exports of Spices; Vanilla, Not Crushed or Ground in Brazil
Exports of vanilla from Brazil surged to 13 tons in 2022, picking up by 3,085% against the previous year. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 7,900%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of vanilla reduced to $214K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 191,839% against the previous year.
Export of Spices; Vanilla, Not Crushed or Ground in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | N/A | 114 | 225 | 214 | 37.0% |
Nigeria | N/A | 18.0 | N/A | N/A | 0% |
Others | 0.1 | 0.1 | 2.1 | 0.1 | 0.0% |
Total | 0.1 | 132 | 227 | 214 | 1188.7% |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from Brazil in 2022:
- Japan (12.8 tons)
This report provides an in-depth analysis of the vanilla market in Brazil.
This report provides an in-depth analysis of the global vanilla market.
This report provides an in-depth analysis of the vanilla market in Brazil.
This report provides an in-depth analysis of the global vanilla market.
In 2016, the vanilla market dropped to X tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from
Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
In 2015, global consumption of vanilla amounted to X tons, standing approx. at the 2014 level. One year before there was a fall by X% caused by the reduction of vanilla production in Indonesia; from 2007 to 2013, va
The value of total imports on the global vanilla market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of vanilla reached X tons i
From 2007 to 2015, global exports of vanilla grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports on the global vanilla market reached X tons in 2015, which was X tons (or X%) more than the year before.
The global production of vanilla was estimated at X tons in 2015, an increase of X tons against the figure for 2013, and X tons (or X%) less than the peak production level recorded in 2011.
From 2007 to 2015, global vanilla market consumption decreased by -X% annually. The highest annual rates of growth in terms of vanilla consumption between 2007 and 2015 were registered in India, with a +X% growth, due to the increased number of va
Although widely considered a standard commodity, vanilla requires highly labor-intensive methods of cultivation that make it the second most expensive spice in the world, surpassed only by saffron.
France dominates in the global vanilla trade. In 2014, France exported X thousand tons of vanilla totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total vanilla exports in val
In 2016, the vanilla market dropped to X tons, caused by the reduction of global vanilla production due to harvest cuts in Madagascar and Indonesia. At the same time, demand for vanilla continues to grow against the backdrop of growing demand from