Price for Spices; Vanilla, Not Crushed or Ground in Germany - 2023
Contents:
- Price for Spices; Vanilla, Not Crushed or Ground in Germany (CIF) - 2022
- Price for Spices; Vanilla, Not Crushed or Ground in Germany (FOB) - 2022
- Imports of Spices; Vanilla, Not Crushed or Ground in Germany
- Exports of Spices; Vanilla, Not Crushed or Ground in Germany
Price for Spices; Vanilla, Not Crushed or Ground in Germany (CIF) - 2022
In 2022, the average import price for vanilla amounted to $185,609 per ton, waning by -2.7% against the previous year. Over the period under review, the import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 69% against the previous year. The import price peaked at $473,191 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Madagascar ($227,625 per ton), while the price for the Czech Republic ($63,570 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Vanilla, Not Crushed or Ground in Germany (FOB) - 2022
In 2022, the average export price for vanilla amounted to $173,725 per ton, reducing by -33.7% against the previous year. In general, the export price, however, recorded buoyant growth. The growth pace was the most rapid in 2017 an increase of 98%. Over the period under review, the average export prices attained the peak figure at $596,619 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($325,260 per ton), while the average price for exports to France ($73,438 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 Japan (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spices; Vanilla, Not Crushed or Ground in Germany
In 2022, the amount of vanilla imported into Germany shrank to 350 tons, declining by -7.8% compared with the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of 379 tons, and then dropped in the following year.
In value terms, imports of vanilla declined to $65M in 2022. Overall, imports saw a abrupt downturn. The smallest decline of -4.4% was in 2021.
| Import of Spices; Vanilla, Not Crushed or Ground in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | 78.0 | 55.8 | 47.3 | 48.7 | -14.5% |
| Netherlands | N/A | 1.0 | 4.4 | 4.8 | 119.1% |
| Comoros | 5.9 | 4.7 | 2.1 | 3.0 | -20.2% |
| Uganda | 3.0 | 2.1 | 1.4 | 2.6 | -4.7% |
| Czech Republic | N/A | 0.8 | 4.6 | 1.9 | 54.1% |
| Indonesia | 6.0 | 4.3 | 6.4 | 1.3 | -39.9% |
| France | 0.3 | 3.3 | 3.0 | 1.3 | 63.0% |
| Papua New Guinea | 5.7 | 3.0 | 1.4 | 0.6 | -52.8% |
| India | 1.3 | N/A | 0.4 | N/A | -44.5% |
| Others | 0.8 | 0.7 | 1.3 | 0.6 | -9.1% |
| Total | 101 | 75.7 | 72.3 | 64.9 | -13.7% |
Top Suppliers of Spices; Vanilla, Not Crushed or Ground to Germany in 2022:
- Madagascar (214.1 tons)
- Netherlands (44.4 tons)
- Czech Republic (29.6 tons)
- Uganda (20.2 tons)
- Comoros (13.4 tons)
- Indonesia (9.6 tons)
- France (9.3 tons)
- Papua New Guinea (5.2 tons)
Exports of Spices; Vanilla, Not Crushed or Ground in Germany
In 2022, exports of vanilla from Germany rose rapidly to 130 tons, with an increase of 12% compared with 2021. The total export volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of vanilla dropped significantly to $23M in 2022. Overall, exports, however, continue to indicate a dramatic curtailment. The smallest decline of -19.1% was in 2020.
| Export of Spices; Vanilla, Not Crushed or Ground in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 8.1 | 8.6 | 8.8 | 7.5 | -2.5% |
| United States | 12.7 | 5.2 | 1.6 | 3.4 | -35.5% |
| Denmark | 4.9 | 5.4 | 4.0 | 2.7 | -18.0% |
| France | 3.0 | 1.2 | 2.6 | 2.1 | -11.2% |
| Italy | 4.7 | 4.6 | 2.5 | 1.4 | -33.2% |
| Austria | 3.8 | 1.6 | 1.8 | 1.1 | -33.8% |
| Czech Republic | 4.3 | 4.2 | 3.7 | 1.0 | -38.5% |
| Netherlands | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Others | 8.7 | 9.6 | 5.2 | 3.1 | -29.1% |
| Total | 50.4 | 40.8 | 30.5 | 22.7 | -23.3% |
Top Export Markets for Spices; Vanilla, Not Crushed or Ground from Germany in 2022:
- France (28.0 tons)
- Switzerland (23.0 tons)
- United States (21.4 tons)
- Denmark (17.5 tons)
- Austria (8.5 tons)
- Czech Republic (5.9 tons)
- Italy (5.0 tons)
- Netherlands (3.0 tons)
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This report provides an in-depth analysis of the vanilla market in Germany.
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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 Germany.
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This report provides an in-depth analysis of the global vanilla market.
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In April 2023, the Vanilla price reached $219K per ton (CIF, Germany), increasing by 12% compared to the previous month.
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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
