Price for Spices; Vanilla, Not Crushed or Ground in Bolivia - 2023
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Bolivia (CIF) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Bolivia
Price for Spices; Vanilla, Not Crushed or Ground in Bolivia (CIF) - 2022
The average import price for vanilla stood at $192,667 per ton in 2022, waning by -57.7% against the previous year. Over the period under review, the import price, however, posted strong growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 137% against the previous year. Over the period under review, average import prices attained the maximum at $537,000 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +4.6% per year.
Imports of Spices; Vanilla, Not Crushed or Ground in Bolivia
In 2022, imports of vanilla into Bolivia surged to 12 kg, growing by 20% against 2021 figures. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 150% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of vanilla dropped dramatically to $2.3K in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 112%. As a result, imports attained the peak of $4.6K, and then fell notably in the following year.
Import of Spices; Vanilla, Not Crushed or Ground in Bolivia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 1.1 | 1.1 | 2.4 | 2.3 | 27.9% |
Sri Lanka | N/A | N/A | N/A | N/A | 0% |
Others | N/A | 1.1 | 2.2 | N/A | 100.0% |
Total | 1.1 | 2.1 | 4.6 | 2.3 | 27.9% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Bolivia in 2022:
- Spain (12.0 kg)
This report provides an in-depth analysis of the vanilla market in Bolivia.
This report provides an in-depth analysis of the global vanilla market.
This report provides an in-depth analysis of the vanilla market in Bolivia.
This report provides an in-depth analysis of the global vanilla market.
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
Global vanilla consumption amounted to X thousand tons in 2015, stabilizing at the previous year level.
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
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
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.
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.
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
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.
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
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