Which Countries Export the Most Vanilla?
Spices, Aromatic, Drug And Pharmaceutical Crops February 21, 2017
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From 2007 to 2015, global exports of vanilla grew by +16.6% per year, amounting to 405 million USD in 2015. In physical terms, exports on the global vanilla market reached 7,028 tonnes in 2015, which was 738 tonnes (or 12%) more than the year before.
In 2015, according to market research conducted by IndexBox, Madagascar (2,790 tonnes) was the main exporter of vanilla in the world, comprising 40% of global exports. France took the second position in the ranking with a share of 10%, followed by Germany, Canada and Slovakia (6%, each).
Canada was the fastest growing exporter: average annual growth rates of vanilla exports from this country stood at +7.3% from 2007 to 2015. The remaining countries also displayed positive dynamics: Germany (+6.4%), France (+5.1%) and Madagascar (+1.3%) over the last eight years.
The share of the Slovenia (+6 percentage points), France, Germany and Canada (+2 percentage points, each) increased, the share of Madagascar (-5 percentage points) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
Top 5 vanilla exporting countries in 2015
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Source: World: Vanilla - Market Report. Analysis And Forecast To 2025
