Price for Spices; Vanilla, Crushed or Ground in Switzerland - 2023
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Switzerland (CIF) - 2022
- Price for Spices; Vanilla, Crushed or Ground in Switzerland (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in Switzerland
- Exports of Spices; Vanilla, Crushed or Ground in Switzerland
Price for Spices; Vanilla, Crushed or Ground in Switzerland (CIF) - 2022
The average import price for spices; vanilla, crushed or ground stood at $156,172 per ton in 2022, waning by -45.2% against the previous year. Overall, the import price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 108%. As a result, import price reached the peak level of $398,476 per ton. From 2019 to 2022, the average import prices remained 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 Germany ($258,696 per ton), while the price for the United States ($34,397 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Crushed or Ground in Switzerland (FOB) - 2022
The average export price for spices; vanilla, crushed or ground stood at $53,140 per ton in 2022, declining by -29.2% against the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 94% against the previous year. The export price peaked at $133,490 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($100,611 per ton), while the average price for exports to France ($7,895 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 (-0.4%), while the prices for the other major destinations experienced a decline.
Imports of Spices; Vanilla, Crushed or Ground in Switzerland
In 2022, imports of spices; vanilla, crushed or ground into Switzerland skyrocketed to 27 tons, surging by 113% on 2021 figures. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spices; vanilla, crushed or ground imports skyrocketed to $4.3M in 2022. Overall, imports, however, recorded a perceptible downturn.
| Import of Spices; Vanilla, Crushed or Ground in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 3,022 | 2,951 | 2,189 | 2,720 | -3.4% |
| Germany | 636 | 1,041 | 844 | 948 | 14.2% |
| France | 339 | 286 | 266 | 295 | -4.5% |
| United States | 4.0 | 5.1 | 26.2 | 222 | 281.4% |
| Indonesia | 769 | 0.7 | 155 | 9.0 | -77.3% |
| Others | 151 | 144 | 192 | 94.4 | -14.5% |
| Total | 4,922 | 4,429 | 3,674 | 4,289 | -4.5% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Switzerland in 2022:
- Indonesia (undefined tons)
- Madagascar (14.8 tons)
- United States (6.5 tons)
- Germany (3.7 tons)
- France (1.9 tons)
Exports of Spices; Vanilla, Crushed or Ground in Switzerland
Spices; vanilla, crushed or ground exports from Switzerland skyrocketed to 3.6 tons in 2022, increasing by 322% against the previous year. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 349% against the previous year. As a result, the exports reached the peak of 5.2 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, spices; vanilla, crushed or ground exports skyrocketed to $192K in 2022. Over the period under review, exports showed a significant increase.
| Export of Spices; Vanilla, Crushed or Ground in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 79.5 | 143 | 36.6 | 175 | 30.1% |
| France | 0.1 | 49.4 | 3.7 | 13.7 | 415.5% |
| Serbia | N/A | 3.4 | N/A | 2.9 | -7.6% |
| Italy | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Denmark | N/A | N/A | 20.2 | N/A | 0% |
| Others | 1.9 | 3.2 | 3.4 | N/A | 33.8% |
| Total | 81.8 | 200 | 64.3 | 192 | 32.9% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from Switzerland in 2022:
- Germany (1740.0 kg)
- France (1730.0 kg)
- Serbia (98.0 kg)
- Italy (46.0 kg)
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This report provides an in-depth analysis of the vanilla market in Switzerland.
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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 Switzerland.
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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
