Price for Spices; Vanilla, Not Crushed or Ground in Angola - 2022
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Angola (CIF) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Angola
Price for Spices; Vanilla, Not Crushed or Ground in Angola (CIF) - 2022
The average import price for vanilla stood at $650 per ton in 2022, reducing by -96.3% against the previous year. In general, the import price saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 966%. As a result, import price reached the peak level of $17,564 per ton, and then reduced remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2014 to 2022, the rate of growth in terms of prices for China amounted to -27.5% per year.
Imports of Spices; Vanilla, Not Crushed or Ground in Angola
In 2022, imports of vanilla into Angola soared to 155 tons, picking up by 3,693% against the previous year's figure. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vanilla skyrocketed to $101K in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 275%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Spices; Vanilla, Not Crushed or Ground in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 12.2 | 64.2 | 87.8 | 168.3% |
| Others | 12.6 | 6.9 | 7.6 | 12.9 | 0.8% |
| Total | 12.6 | 19.2 | 71.8 | 101 | 100.1% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Angola in 2022:
- China (154.2 tons)
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This report provides an in-depth analysis of the vanilla market in Angola.
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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 Angola.
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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
