Price for Spices; Vanilla, Not Crushed or Ground in Belgium - 2023
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Belgium (CIF) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in Belgium (FOB) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Belgium
- Exports of Spices; Vanilla, Not Crushed or Ground in Belgium
Price for Spices; Vanilla, Not Crushed or Ground in Belgium (CIF) - 2022
In 2022, the average import price for vanilla amounted to $142,405 per ton, growing by 27% against the previous year. In general, the import price saw strong growth. The pace of growth appeared the most rapid in 2017 an increase of 54% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
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 Madagascar ($235,348 per ton), while the price for the United States ($47,403 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Not Crushed or Ground in Belgium (FOB) - 2022
The average export price for vanilla stood at $219,979 per ton in 2022, increasing by 23% against the previous year. Overall, the export price saw a significant increase. The growth pace was the most rapid in 2021 an increase of 102% against the previous year. Over the period under review, the average export prices attained the peak figure at $276,223 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($226,696 per ton), while the average price for exports to Algeria ($4,849 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 France (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Not Crushed or Ground in Belgium
In 2022, the amount of vanilla imported into Belgium soared to 111 tons, picking up by 119% against the previous year. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vanilla surged to $16M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Spices; Vanilla, Not Crushed or Ground in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 0.2 | 0.2 | 2.6 | 12.2 | 293.6% |
| France | 0.8 | 1.0 | 1.0 | 1.6 | 26.0% |
| Netherlands | 2.2 | 2.4 | 1.7 | 1.1 | -20.6% |
| Uganda | N/A | N/A | N/A | 0.6 | 0% |
| Germany | 1.1 | 0.5 | 0.2 | 0.2 | -43.3% |
| Others | 0.2 | 0.5 | 0.1 | 0.1 | -20.6% |
| Total | 4.5 | 4.7 | 5.7 | 15.8 | 52.0% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Belgium in 2022:
- Madagascar (52.0 tons)
- France (32.4 tons)
- Netherlands (18.1 tons)
- Uganda (5.4 tons)
- Germany (2.3 tons)
Exports of Spices; Vanilla, Not Crushed or Ground in Belgium
In 2022, exports of vanilla from Belgium soared to 54 tons, rising by 94% on the previous year. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 227%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of vanilla soared to $12M in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 560% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Spices; Vanilla, Not Crushed or Ground in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.1 | N/A | 2.5 | 11.2 | 382.0% |
| Netherlands | 0.4 | 0.3 | 0.4 | 0.2 | -20.6% |
| Czech Republic | 0.4 | 0.3 | 0.2 | 0.2 | -20.6% |
| United Kingdom | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Algeria | N/A | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | 1.7 | N/A | 0% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 1.1 | 0.8 | 5.0 | 11.8 | 120.5% |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from Belgium in 2022:
- France (49.2 tons)
- Algeria (1.4 tons)
- United Kingdom (1.1 tons)
- Czech Republic (0.7 tons)
- Netherlands (0.3 tons)
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This report provides an in-depth analysis of the vanilla market in Belgium.
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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 Belgium.
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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
