Price for Spices; Vanilla, Crushed or Ground in Poland - 2023
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Poland (CIF) - 2023
- Price for Spices; Vanilla, Crushed or Ground in Poland (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in Poland
- Exports of Spices; Vanilla, Crushed or Ground in Poland
Price for Spices; Vanilla, Crushed or Ground in Poland (CIF) - 2023
The average import price for spices; vanilla, crushed or ground stood at $127K per ton in June 2023, reducing by -48.6% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 128% m-o-m. As a result, import price attained the peak level of $246K per ton, and then fell remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Madagascar ($222K per ton), while the price for the United States totaled $47,325 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Austria (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Spices; Vanilla, Crushed or Ground in Poland (FOB) - 2022
The average export price for spices; vanilla, crushed or ground stood at $434,531 per ton in 2022, waning by -25.1% against the previous year. Overall, the export price, however, posted a significant increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 136% against the previous year. Over the period under review, the average export prices reached the peak figure at $580,358 per ton in 2021, and then contracted remarkably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($472,472 per ton), while the average price for exports to the UK ($26,201 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 Germany (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Crushed or Ground in Poland
For the third year in a row, Poland recorded decline in supplies from abroad of spices; vanilla, crushed or ground, which decreased by -16.5% to 14 tons in 2022. In general, imports showed a deep setback. The smallest decline of -11.6% was in 2020.
In value terms, spices; vanilla, crushed or ground imports fell notably to $2.5M in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 2.5% against the previous year. As a result, imports attained the peak of $3.8M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Spices; Vanilla, Crushed or Ground in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 2,185 | 2,396 | 1,819 | 1,483 | -12.1% |
| Germany | 1,084 | 793 | 888 | 388 | -29.0% |
| France | 292 | 337 | 337 | 279 | -1.5% |
| Austria | 127 | 77.6 | 152 | 218 | 19.7% |
| Australia | 14.4 | 155 | 70.9 | 105 | 93.9% |
| Others | 10.0 | 48.0 | 58.4 | 48.4 | 69.2% |
| Total | 3,713 | 3,806 | 3,326 | 2,521 | -12.1% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Poland in 2022:
- Madagascar (5.1 tons)
- Germany (4.5 tons)
- Australia (2.0 tons)
- France (1.4 tons)
- Austria (1.1 tons)
Exports of Spices; Vanilla, Crushed or Ground in Poland
In 2022, exports of spices; vanilla, crushed or ground from Poland shrank to 3.7 tons, reducing by -9.5% on the previous year. In general, exports showed a precipitous contraction. The smallest decline of -0.8% was in 2020.
In value terms, spices; vanilla, crushed or ground exports reduced notably to $1.6M in 2022. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 43%. As a result, the exports reached the peak of $2.9M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Spices; Vanilla, Crushed or Ground in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,870 | 2,759 | 2,314 | 1,581 | -5.4% |
| Germany | 121 | 97.1 | 42.2 | 16.5 | -48.5% |
| United Kingdom | 0.8 | 0.8 | 2.7 | 5.5 | 90.1% |
| Switzerland | 6.6 | N/A | N/A | N/A | 0% |
| Others | 10.9 | 21.2 | 24.4 | 12.3 | 4.1% |
| Total | 2,010 | 2,878 | 2,384 | 1,615 | -7.0% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from Poland in 2022:
- France (3346.0 kg)
- United Kingdom (209.0 kg)
- Germany (82.0 kg)
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This report provides an in-depth analysis of the vanilla market in Poland.
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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 Poland.
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This report provides an in-depth analysis of the global vanilla market.
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In June 2023, the Vanilla price in Poland, CIF, reached $286K per ton, showing a 6.2% increase compared to the previous month.
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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
