Price for Spices; Vanilla, Not Crushed or Ground in Chile - 2024
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Chile (CIF) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Chile
Price for Spices; Vanilla, Not Crushed or Ground in Chile (CIF) - 2022
The average import price for vanilla stood at $323,403 per ton in 2022, rising by 49% against the previous year. Overall, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2016 an increase of 225%. Over the period under review, average import prices reached the peak figure at $359,063 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Madagascar ($336,826 per ton), while the price for France stood at $309,600 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+56.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Spices; Vanilla, Not Crushed or Ground in Chile
In 2022, imports of vanilla into Chile soared to 290 kg, growing by 16% against 2021 figures. Overall, imports, however, saw a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 112%. As a result, imports attained the peak of 1.7 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vanilla surged to $94K in 2022. Over the period under review, imports continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2020 with an increase of 93% against the previous year. As a result, imports reached the peak of $163K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Spices; Vanilla, Not Crushed or Ground in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 69.3 | 131 | 22.7 | 54.2 | -7.9% |
| France | 8.5 | N/A | 31.6 | 32.5 | 56.4% |
| Spain | 0.7 | 8.2 | N/A | N/A | 1071.4% |
| Germany | 3.7 | 1.0 | N/A | N/A | -73.0% |
| Vietnam | 2.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 22.7 | N/A | 7.0 | 312.1% |
| Total | 84.4 | 163 | 54.2 | 93.8 | 3.6% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Chile in 2022:
- Madagascar (161.0 kg)
- France (105.0 kg)
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This report provides an in-depth analysis of the vanilla market in Chile.
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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 Chile.
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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
