Price for Spices; Vanilla, Crushed or Ground in Uganda - 2022
Contents:
- Price for Spices; Vanilla, Crushed or Ground in Uganda (CIF) - 2022
- Price for Spices; Vanilla, Crushed or Ground in Uganda (FOB) - 2022
- Imports of Spices; Vanilla, Crushed or Ground in Uganda
- Exports of Spices; Vanilla, Crushed or Ground in Uganda
Price for Spices; Vanilla, Crushed or Ground in Uganda (CIF) - 2022
The average import price for spices; vanilla, crushed or ground stood at $86,427 per ton in 2022, picking up by 1.6% against the previous year. Overall, the import price saw significant growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 481%. Over the period under review, average import prices attained the peak figure at $114,824 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($211,004 per ton), while the price for South Africa ($44,917 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+48.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Crushed or Ground in Uganda (FOB) - 2022
The average export price for spices; vanilla, crushed or ground stood at $126,542 per ton in 2022, jumping by 94% against the previous year. Over the period under review, the export price saw a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($199,104 per ton), while the average price for exports to Canada ($19,067 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 Japan (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Crushed or Ground in Uganda
In 2022, overseas purchases of spices; vanilla, crushed or ground were finally on the rise to reach 3.2 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a noticeable reduction.
In value terms, spices; vanilla, crushed or ground imports skyrocketed to $278K in 2022. Over the period under review, imports, however, saw a abrupt slump.
| Import of Spices; Vanilla, Crushed or Ground in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 1.4 | 133 | 88.2 | 105 | 321.7% |
| China | 1.8 | 53.5 | 76.3 | 90.7 | 269.4% |
| United Arab Emirates | 0.2 | 18.8 | 43.8 | 52.1 | 538.7% |
| South Africa | 0.6 | 49.8 | 32.2 | 30.8 | 271.6% |
| United States | 401 | N/A | N/A | N/A | 0% |
| Others | 11.4 | 61.6 | N/A | N/A | 440.4% |
| Total | 416 | 316 | 241 | 278 | -12.6% |
Top Suppliers of Spices; Vanilla, Crushed or Ground to Uganda in 2022:
- China (1197.0 kg)
- United Arab Emirates (842.0 kg)
- South Africa (686.0 kg)
- Kenya (497.0 kg)
Exports of Spices; Vanilla, Crushed or Ground in Uganda
In 2022, spices; vanilla, crushed or ground exports from Uganda shrank sharply to 908 kg, reducing by -69.5% on 2021. Overall, exports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 710%.
In value terms, spices; vanilla, crushed or ground exports fell sharply to $115K in 2022. Over the period under review, exports recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 450% against the previous year.
| Export of Spices; Vanilla, Crushed or Ground in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 86.2 | 10.4 | 77.8 | 50.0 | -16.6% |
| Austria | 17.4 | 2.9 | 29.0 | 41.1 | 33.2% |
| South Africa | 10.3 | 10.1 | 9.0 | 4.0 | -27.0% |
| France | 2.2 | 0.3 | 6.7 | 3.8 | 20.0% |
| Germany | 18.4 | 4.8 | 7.2 | 3.8 | -40.9% |
| Czech Republic | 22.6 | 1.6 | 5.2 | 3.6 | -45.8% |
| Hungary | 7.1 | 0.2 | 8.3 | 3.4 | -21.8% |
| United States | 72.9 | 1.0 | 1.2 | 0.4 | -82.4% |
| Canada | 0.5 | 0.1 | 24.8 | 0.3 | -15.7% |
| Netherlands | 7.8 | 0.6 | 1.9 | 0.2 | -70.5% |
| Democratic Republic of the Congo | N/A | N/A | 0.1 | N/A | 0% |
| Australia | 31.5 | N/A | N/A | N/A | 0% |
| Others | 10.4 | 3.3 | 23.2 | 4.4 | -24.9% |
| Total | 287 | 35.4 | 194 | 115 | -26.3% |
Top Export Markets for Spices; Vanilla, Crushed or Ground from Uganda in 2022:
- Austria (271.0 kg)
- Japan (251.0 kg)
- Hungary (104.0 kg)
- Germany (62.0 kg)
- Czech Republic (44.0 kg)
- France (41.0 kg)
- South Africa (29.0 kg)
- Canada (15.0 kg)
- United States (12.0 kg)
- Netherlands (2.0 kg)
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This report provides an in-depth analysis of the vanilla market in Uganda.
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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 Uganda.
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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
