Price for Spices; Vanilla, Crushed or Ground in Iran - 2022
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Iran (CIF) - 2022
- Price for Spices; Vanilla, Crushed or Ground in Iran (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in Iran
- Exports of Spices; Vanilla, Crushed or Ground in Iran
Price for Spices; Vanilla, Crushed or Ground in Iran (CIF) - 2022
The average import price for spices; vanilla, crushed or ground stood at $3,928 per ton in 2022, picking up by 11% against the previous year. Overall, the import price posted a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of 257%. The import price peaked at $18,917 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,006 per ton), while the price for the United Arab Emirates ($3,458 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Crushed or Ground in Iran (FOB) - 2022
In 2022, the average export price for spices; vanilla, crushed or ground amounted to $10,242 per ton, picking up by 10% against the previous year. Over the period under review, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 197%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($10,980 per ton), while the average price for exports to Afghanistan ($4,227 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Spices; Vanilla, Crushed or Ground in Iran
Spices; vanilla, crushed or ground imports into Iran contracted significantly to 23 tons in 2022, with a decrease of -18.6% against 2021. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 59%. As a result, imports attained the peak of 28 tons, and then dropped dramatically in the following year.
In value terms, spices; vanilla, crushed or ground imports declined to $91K in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $101K, and then dropped in the following year.
| Import of Spices; Vanilla, Crushed or Ground in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 74.3 | 76.9 | 96.7 | 84.0 | 4.2% |
| United Arab Emirates | 2.4 | 3.0 | 2.9 | 5.5 | 31.8% |
| Others | 1.3 | 1.1 | 0.9 | 1.3 | 0.0% |
| Total | 78.0 | 81.0 | 101 | 90.8 | 5.2% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Iran in 2022:
- Turkey (21.2 tons)
- United Arab Emirates (1.6 tons)
Exports of Spices; Vanilla, Crushed or Ground in Iran
In 2022, after three years of growth, there was significant decline in overseas shipments of spices; vanilla, crushed or ground, when their volume decreased by -42.3% to 240 kg. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 187% against the previous year. As a result, the exports attained the peak of 416 kg, and then shrank markedly in the following year.
In value terms, spices; vanilla, crushed or ground exports shrank rapidly to $2.5K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 264%. As a result, the exports reached the peak of $3.9K, and then shrank rapidly in the following year.
| Export of Spices; Vanilla, Crushed or Ground in Iran (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | N/A | N/A | 1,667 | 2,251 | 35.0% |
| Canada | 204 | 523 | 493 | 95.0 | -22.5% |
| Afghanistan | 137 | 511 | 481 | 93.0 | -12.1% |
| Iraq | N/A | N/A | 1,096 | N/A | 0% |
| Others | 18.0 | 25.0 | 119 | 19.0 | 1.8% |
| Total | 359 | 1,059 | 3,856 | 2,458 | 89.9% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from Iran in 2022:
- Azerbaijan (205.0 kg)
- Afghanistan (22.0 kg)
- Canada (11.0 kg)
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This report provides an in-depth analysis of the vanilla market in Iran.
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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 Iran.
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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
