Price for Spices; Vanilla, Not Crushed or Ground in Jordan - 2022
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Jordan (CIF) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Jordan
Price for Spices; Vanilla, Not Crushed or Ground in Jordan (CIF) - 2022
In 2022, the average import price for vanilla amounted to $205,455 per ton, with an increase of 38% against the previous year. Overall, the import price showed significant growth. The pace of growth appeared the most rapid in 2020 an increase of 257% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($213,333 per ton), while the price for France stood at $202,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Vanilla, Not Crushed or Ground in Jordan
In 2022, supplies from abroad of vanilla decreased by -35.3% to 11 kg, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 93% against the previous year. As a result, imports reached the peak of 106 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vanilla shrank to $2.3K in 2022. Over the period under review, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 589% against the previous year. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Vanilla, Not Crushed or Ground in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.4 | 2.1 | 0.9 | 1.6 | 58.7% |
| Sri Lanka | N/A | N/A | N/A | 0.6 | 0% |
| Egypt | N/A | 6.8 | N/A | N/A | 0% |
| Madagascar | 1.2 | 3.4 | 0.5 | N/A | -35.5% |
| Others | 0.2 | N/A | 1.1 | N/A | 134.5% |
| Total | 1.8 | 12.3 | 2.5 | 2.3 | 8.5% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Jordan in 2022:
- France (8.0 kg)
- Sri Lanka (3.0 kg)
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This report provides an in-depth analysis of the vanilla market in Jordan.
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This report provides an in-depth analysis of the global vanilla market.
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This report provides an in-depth analysis of the vanilla market in Jordan.
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This report provides an in-depth analysis of the global vanilla market.
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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
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Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
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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
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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
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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.
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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.
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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
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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.
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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
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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
