Price for Spices; Vanilla, Crushed or Ground in the United Arab Emirates - 2021
Contents:
- Price for Spices; Vanilla, Crushed or Ground in the United Arab Emirates (CIF) - 2022
- Price for Spices; Vanilla, Crushed or Ground in the United Arab Emirates (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in the United Arab Emirates
- Exports of Spices; Vanilla, Crushed or Ground in the United Arab Emirates
Price for Spices; Vanilla, Crushed or Ground in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for spices; vanilla, crushed or ground amounted to $8,191 per ton, dropping by -34.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 94% against the previous year. The import price peaked at $33,021 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Mauritius amounted to +37.7% per year.
Price for Spices; Vanilla, Crushed or Ground in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for spices; vanilla, crushed or ground amounted to $5,183 per ton, falling by -13.7% against the previous year. In general, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2016 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,960 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($19,278 per ton), while the average price for exports to Yemen ($2,451 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 Australia (+52.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Crushed or Ground in the United Arab Emirates
In 2022, approx. 168 tons of spices; vanilla, crushed or ground were imported into the United Arab Emirates; rising by 96% compared with 2021 figures. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 202% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, spices; vanilla, crushed or ground imports surged to $1.4M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Spices; Vanilla, Crushed or Ground in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 50.7 | 275 | 785 | 1,218 | 188.5% |
| Malta | 96.6 | 49.2 | 91.5 | N/A | -2.7% |
| Jordan | 80.0 | 50.9 | 61.0 | N/A | -12.7% |
| Others | 163 | 122 | 143 | 161 | -0.4% |
| Total | 391 | 497 | 1,081 | 1,379 | 52.2% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to the United Arab Emirates in 2022:
- Saudi Arabia (164.3 tons)
Exports of Spices; Vanilla, Crushed or Ground in the United Arab Emirates
In 2022, approx. 26 tons of spices; vanilla, crushed or ground were exported from the United Arab Emirates; jumping by 45% on the year before. Over the period under review, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 121% against the previous year. As a result, the exports reached the peak of 34 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, spices; vanilla, crushed or ground exports soared to $133K in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 189%. As a result, the exports attained the peak of $206K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Spices; Vanilla, Crushed or Ground in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 6.1 | 3.2 | 25.7 | 63.7 | 118.6% |
| Oman | 0.1 | 0.2 | 0.1 | 28.4 | 557.3% |
| Sudan | 0.8 | 3.1 | 2.5 | 7.7 | 112.7% |
| Yemen | 0.4 | 3.6 | 3.9 | 7.5 | 165.7% |
| Bahrain | 5.7 | 12.4 | 6.1 | 6.9 | 6.6% |
| Armenia | 5.6 | 25.5 | 3.1 | 6.2 | 3.5% |
| Kuwait | 4.9 | 17.1 | 8.0 | 6.0 | 7.0% |
| Sri Lanka | 8.1 | 13.7 | 6.4 | N/A | -11.1% |
| Azerbaijan | 10.8 | 30.1 | 18.9 | N/A | 32.3% |
| India | 6.0 | N/A | N/A | N/A | 0% |
| Tanzania | 0.3 | 3.0 | 1.1 | N/A | 91.5% |
| Egypt | 13.7 | 55.4 | N/A | N/A | 304.4% |
| Others | 8.7 | 38.7 | 30.1 | 6.4 | -9.7% |
| Total | 71.2 | 206 | 106 | 133 | 23.2% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from the United Arab Emirates in 2022:
- Oman (9.2 tons)
- Iraq (6.1 tons)
- Yemen (3.1 tons)
- Sudan (2.9 tons)
- Bahrain (1.0 tons)
- Kuwait (0.9 tons)
- Armenia (0.6 tons)
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This report provides an in-depth analysis of the vanilla market in the United Arab Emirates.
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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 the United Arab Emirates.
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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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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
