Price for Spices; Vanilla, Not Crushed or Ground in Cameroon - 2022
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Cameroon (CIF) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Cameroon
Price for Spices; Vanilla, Not Crushed or Ground in Cameroon (CIF) - 2022
In 2022, the average import price for vanilla amounted to $4,862 per ton, reducing by -55.3% against the previous year. In general, the import price saw a drastic downturn. The growth pace was the most rapid in 2021 when the average import price increased by 175%. Over the period under review, average import prices attained the maximum at $20,063 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Belgium ($6,087 per ton), while the price for France ($2,800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+1,163.3%), while the prices for the other major suppliers experienced a decline.
Imports of Spices; Vanilla, Not Crushed or Ground in Cameroon
In 2022, purchases abroad of vanilla decreased by -83.7% to 58 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 207%. As a result, imports attained the peak of 509 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vanilla shrank markedly to $282 in 2022. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 226% against the previous year.
| Import of Spices; Vanilla, Not Crushed or Ground in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 115 | 638 | 908 | 140 | 6.8% |
| Spain | 135 | 779 | 412 | 100 | -9.5% |
| France | 76.0 | 252 | 147 | 42.0 | -17.9% |
| Thailand | 123 | N/A | N/A | N/A | 0% |
| Portugal | 55.0 | N/A | N/A | N/A | 0% |
| Italy | N/A | 345 | N/A | N/A | 0% |
| Madagascar | 84.0 | N/A | 2,394 | N/A | 433.9% |
| Others | 29.0 | N/A | N/A | N/A | 0% |
| Total | 617 | 2,014 | 3,861 | 282 | -23.0% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Cameroon in 2022:
- Belgium (23.0 kg)
- Spain (20.0 kg)
- France (15.0 kg)
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This report provides an in-depth analysis of the vanilla market in Cameroon.
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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 Cameroon.
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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
